Abstract

Determination of the amount of inventory level in the snack industry is essential. Currently, the Snack Industry is facing a condition where it has a high level of inventory which can be seen from the inventory level, which is 41 days, compared to the company's target of 15 days. This condition has disrupted the company's cash flow. On the other hand, the large variety of products in the offset category makes procurement of offset goods challenging for companies. This research will focus on creating an appropriate inventory control system where materials are always available with measurable inventory levels. The application of vendor-managed inventory (VMI) will be implemented in this research so that company goals can be achieved. After applying the VMI method to the Snack industry, the inventory level decreased from 41 days to 20 days of inventory.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.