XYZ Analysis Research Articles

A Case Study on Inventory Management Using Selective Control Techniques

Incorporation of appropriate inventory management system plays an important role in determining the financial health of a manufacturing company. In most of the cases, unjustified inventory of raw materials are kept causing certain loss to the company. Keeping the above in mind, in the present work, a task is undertaken to find out relevant items that need stringent inventory management in one manufacturing company. The inventory of raw materials is classified into seven categories of which four categories of raw materials are found to cover around 70% of the total inventory. Since it is difficult to apply proper inventory control model for each item separately because of its huge variety, it is necessary to find out few significant items using 'Selective Control' method. ABC and FSN analyses along with XYZ analysis are done. The analysis shows the state of the present inventory management. Following the desire of the management, AFX study is also undertaken. Rigorous indent control and consumption control are strongly recommended for items that has maximum financial impact and high demand in production shops.

Experimental Investigation & Evaluation of Incorporated Material to Set their Optimum Re-Order Point in Kanban Control

In a manufacturing company inventory cost is a significant part of expense. So, the Re-order Point (R.O.P.) of the items must be optimum to reduce its carrying cost. We have study about the inventory and R.O.P. in Nevatia Steel & Alloys Pvt. Ltd. Mumbai and tried to find the optimum R.O.P. by applying VED and XYZ Analysis. Finally, for mathematical modeling we also take help of MatLab.

Management of the military supply process by the implementation of logistic controlling

The purpose of explaining the model of resource management with the signal reserve, the process diagram and the SIPOC model of the supply chain explained was to present the opportunity for applying modern approach of Technical logistic in the management of the supply chains in military organizations. The described model allows efficient management of resources and material stocks by monitoring the changes in resource levels for individual stocks, groups of materials and the overall reserves. By applying ABC and XYZ analysis with the logistic Controlling the AX class materials (large annual demands and with well planned expenditures) could be well managed at short notice, in extreme cases even without any stocks by applying the 'just-in-sequence' strategy.

Optimising polarised neutron scattering measurements—XYZ and polarimetry analysis

The analytic optimisation of neutron scattering measurements made using XYZ polarisation analysis and neutron polarimetry techniques is discussed. Expressions for the “quality factor” and the optimum division of counting time for the XYZ technique are presented. For neutron polarimetry the optimisation is identified as analogous to that for measuring the flipping ratio and reference is made to the results already in the literature.