info:eu-repo/semantics/article
Agile Inventory Management Model Under a Digital Transformation Approach for Stockout Reduction in Chemical Industry’s MSE
Fecha
2020-01-01Registro en:
21945357
10.1007/978-3-030-50791-6_58
21945365
Advances in Intelligent Systems and Computing
2-s2.0-85088227592
SCOPUS_ID:85088227592
0000 0001 2196 144X
Autor
Garamendi-Colos, Virginia
Cano-Lazarte, Mercedes
Mamani-Macedo, Nestor
Raymundo, Carlos
Dominguez, Francisco
Institución
Resumen
Through digital transformation, company processes that are, or could be, conducted manually are reduced; moreover, human tasks are automated when software-based processes are established. This paper analyzes the adoption of a digital transformation tool to manage inventory through the application of agile models, such as Just-In-Time, and the use of Enterprise Resource Planning (ERP), employing the Deming cycle method, as several unclear empiric processes exist for managing inventory and purchases. It also upholds that as defined processes are established and the companies exert higher control over inventory turnover and outflows, they could apply methods, such as demand forecasting, to avoid stockout, supply shortage, and inventory loss.