I am attaching 2 books that I had declared as bibliography in the first statement of work. It concerns the postgraduate program at the EAP Supply Chain Management (msc supply chain management)
the final topic will be “inventory management in retail market and how it’s affected by the new technologies”
Whenever some research needs to be done on models (with normal data) on issues of inventory management (eoq, dsi, etc.), to be analyzed and conclusions drawn, etc.
I would just like to have some excel tables with real data for inventory analysis either with EOQ or with some other element
I want the work to focus on inventory management mainly in the fmcg industry,
re order point, safety stock, just in time delivery,
refer to wms, qms, or other systems used for inventory management,
I want to mention the relex solution method as a way of managing stocks and forecasting orders,
to report problems that arise in inventory management
what costs are there for the companies
how a retail warehouse works in this part
About the project.
I contacted the professor and he told me that:
• As I mentioned, the assignment should have a bibliographic section
• Its length should be 16000-17000 words in total
• In the research part, we need to have existing data from a company regarding stocks in a number of codes, their movement, when they had to be re-ordered, what sales they had, if there was safety stock, what reservation costs were there, etc., etc.
That is, data processed by inventory management methods
We don’t care what method the company uses, as long as the data is there.
And then in a model that we will choose like EOQ, DSI for example we will put this data and we will compare our results with theirs.
For example, the company, with the way it uses now, may need to order goods every 10 days, have X cost, have shortages until the goods arrive, etc., etc.
And put the data into our own method and get a result that we will compare with that of the company, as to whether it is better or not.
I will make sure to find the data with the professor, from there on I would like the work to start as the research part is a part (the smallest) the biggest part is the bibliographic approach,
Regarding the writer, I would just like you to assure me that he will analyze the data I will send you and will be able to do the research with the results, etc.
