Scinovex
article

Supply chain & inventory management in food industry: A case study

Abstract

A company which provides food typically stores its products in a warehouse before shipping them to consumers. Inventory control play prominent role for the food processing& distribution firm because of the huge amount of food items typically stored. This excess amounts of stored items enhance inventory and supply chain management cost and results minimizing warehouse efficiency. Summing up, inventory control management should be the fundamental focus of the food processing & distributing firm, exceptionally for perishable packaged foods. The literature is however crucial to structure a system to express outcome in advance for forthcoming inventory. Some key issues associated with inventory control & supply management in the food processing & distribution firm have been revealed form surveying through experts, and analyzed sequential patterns to find fundamental concepts based on analytical results from the survey. This work proposed precise inventory predictive model, to uplift inventory prediction up to 64.9%. Through the sequential patterns based on thorough research, the food processing & distribution firm can manage inventory efficiently and accurately.

Supply Chain and Inventory ManagementForecasting Techniques and ApplicationsInventory controlSupply chainInventory managementFood processingFood industryInventory theoryControl (management)BusinessFood supplySupply chain management
Citations
0
FWCI
0.00
field-weighted impact
References
0
Percentile
46%
vs. same field & year
Citation Network

How this paper connects to the literature. Drag to explore, click any node to open that paper.

Supply chain & inventory management in food industry: A case study · Scinovex