Title
Lean Inventory Management Model to Reduce Defective Products in Peruvian Baking SMEs
Date Issued
01 March 2021
Access level
metadata only access
Resource Type
conference paper
Author(s)
Jurado-Muuoz N.
Fernandez-Paredes I.
Cardenas-Rengifo L.
Abstract
The demand of the baking industry has increased steadily in recent years due to which the sector must also face new challenges involving cost, time, and quality of products; it must also achieve optimal profitability rates and contribution margin. According to the aforementioned, it is essential to plan each stage of the processes, the forecast of demand, supply of materials and consumables, production capacity, and distribution and transportation of products. An essential part of these considerations is inventory and warehouse management. Here, we propose a method that makes use of tools such as material requirement planning, economic order quantity, supplier approval, and standardization, which aims to improve the current defective product indicator of 11.43% generated by poor inventory management. After the implementation of the pilot plans, a reduction of 60% was achieved to sustain the effectiveness of the integrating model, the improvement was corroborated with a simulation, obtaining the same results.
Start page
46
End page
50
Language
English
OCDE Knowledge area
Telecomunicaciones
Scopus EID
2-s2.0-85113732669
ISBN
9781665435857
Source
Proceedings - 2021 10th International Conference on Industrial Technology and Management, ICITM 2021
Conference
10th International Conference on Industrial Technology and Management, ICITM 2021
Sources of information: Directorio de Producción Científica Scopus