"INVENTORY CONTROL USING ABC AND HML ANALYSIS – A CASE STUDY ON A MANUF" by SHIBAMAY MITRA, SUJIT KUMAR PATTANAYAK et al.

International Journal of Mechanical and Industrial Engineering

Article Title

INVENTORY CONTROL USING ABC AND HML ANALYSIS – A CASE STUDY ON A MANUFACTURING INDUSTRY

Authors

SHIBAMAY MITRA, National Institute of Technology, Silchar, Assam, India.Follow
SUJIT KUMAR PATTANAYAK, National Institute of Technology, Silchar, Assam, India.Follow
PAPIYA BHOWMIK, National Institute of Technology, Silchar, Assam, India.Follow

Abstract

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.

Recommended Citation

MITRA, SHIBAMAY; PATTANAYAK, SUJIT KUMAR; and BHOWMIK, PAPIYA (2014) "INVENTORY CONTROL USING ABC AND HML ANALYSIS – A CASE STUDY ON A MANUFACTURING INDUSTRY," International Journal of Mechanical and Industrial Engineering: Vol. 3: Iss. 4, Article 14.
DOI: 10.47893/IJMIE.2014.1172
Available at: https://www.interscience.in/ijmie/vol3/iss4/14

DOI

10.47893/IJMIE.2014.1172

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