Scientific Library of Tomsk State University

   E-catalog        

Normal view MARC view

ABC-XYZ inventory analysis accounting for change points T. V. Kabanova, T. E. Malakhova, Z. N. Zenkova

By: Kabanova, Tatiana VContributor(s): Malakhova, Tatiana E | Zenkova, Zhanna NMaterial type: ArticleArticleContent type: Текст Media type: электронный Subject(s): управление запасами | ABC/XYZ-анализ | точки изменения | изменение спроса | алгоритм обнаружения измененийGenre/Form: статьи в журналах Online resources: Click here to access online In: International journal of logistics systems and management Vol. 41, № 1/2. P. 59-76Abstract: ABC-XYZ analysis algorithm classifies commodities and inventory depending on their significance for the company and demand stability. Based on the classification results, the optimal strategies for materials flow management are suggested. If there are commodities with a seasonal or rapidly changing demand in the inventory, then current classification is seriously influenced by the values observed before the change point emergence, which leads to increased significance for commodities already less significant, and the other way around, lower significance of the commodities with the recently increased profit or revenue. This work suggests a modification to ABC-XYZ analysis, which takes into account change point influences, allows finding better fitting groupings and decreases demand variability level by splitting sales series into sections with steady demand. Demand significance is recalculated once change point is detected as a product of a new average demand level for the period and a number of periods observed.
Tags from this library: No tags from this library for this title. Log in to add tags.
No physical items for this record

ABC-XYZ analysis algorithm classifies commodities and inventory depending on their significance for the company and demand stability. Based on the classification results, the optimal strategies for materials flow management are suggested. If there are commodities with a seasonal or rapidly changing demand in the inventory, then current classification is seriously influenced by the values observed before the change point emergence, which leads to increased significance for commodities already less significant, and the other way around, lower significance of the commodities with the recently increased profit or revenue. This work suggests a modification to ABC-XYZ analysis, which takes into account change point influences, allows finding better fitting groupings and decreases demand variability level by splitting sales series into sections with steady demand. Demand significance is recalculated once change point is detected as a product of a new average demand level for the period and a number of periods observed.

There are no comments on this title.

to post a comment.
Share