Inherent uncertainties in demands and supply make it difficult for supply chains to achieve optimum inventory replenishment, resulting in loss of sales or keeping excessive inventories. An unkempt inventory can take up to one-third of an organization’s annual investment. Therefore, in order to compete with invariably erratic demands, it is not only challenging to develop an intelligent system to maintain and control an optimum level of inventory but has also become mandatory. Here we have tried to study the inventory control system of an EMU coach manufacturing industry using ABC and HML analysis method.
MITRA, SHIBAMAY; PATTANAYAK, SUJIT KUMAR; and BHOWMIK, PAPIYA
"INVENTORY CONTROL USING ABC AND HML ANALYSIS – A CASE STUDY ON A MANUFACTURING INDUSTRY,"
International Journal of Mechanical and Industrial Engineering: Vol. 3:
4, Article 14.
Available at: https://www.interscience.in/ijmie/vol3/iss4/14