第十行星库存管理中英文对照外文翻译文献

2021年1月22日发(作者：generation是什么意思)

文献信息：


文献标题：
A
Multi- Criteria
Decision
Framework
for
Inventory
Management
（库存管理的多准则决策框架）

国外作者：
PK
Krishnadevarajan
，
S
Balasubramanian
，
N
Kannan
，
V
Ravichandran
文献出处：
《
International Journal of Management
》
,2016,7(1):85-93
字数统计：
英文
3228
单词，
17138
字符；中文
5509
汉字





外文文献：


A Multi-Criteria Decision Framework for Inventory
Management

Abstract
Inventory
management
is
a
process
/
practice
that
every
company
undertakes. Most companies fail to apply a comprehensive set of criteria to rank their
products / items. The criteria are too few or subjective in nature. Inventory is required
to
stay
in
business
and
meet
customer
needs.
If
it
is
not
done
right
it
causes
deterioration
in
customer
service
and
could
lead
to
damages
to
both
customer
and
supplier
relations
and
eventually
cause
business
breakdown.
A
simple
multi-criteria
driven
holistic
framework
developed
by
industry
input
is
critical
to
the
success
of
inventory
management.
An
inventory
management
framework
using
FIVE
main-
criteria categories (revenue, customer service, profitability, growth, risk), 21 (between
3 and 6 in each category) metrics and 4 ranks (A, B, C, D) is presented in this paper to
assist
companies
with
their
inventory
management
process.
The
framework
that
is
presented has been developed through literature review, surveys, interviews and focus


groups with several industry owners, inventory managers and business managers. The
interaction with companies led to a set of THREE critical questions:
there a comprehensive inventory managementframework?

inventory metrics should be tracked or monitored on a routine basis?
do implement a multi-criteria inventory classification?
This
paper
is
an
attempt
to
answer
these
critical
questions
and
provide
a
framework
that
is
developed
by
bringing
together
existing
literature
available
and
input/findings from industry executives in the area of inventory management.
Key
words:
Inventory,
Inventory
Management,
Inventory
Classification,
Inventory Ranking, Multi-Criteria Inventory Management.



UCTION

Inventory
is
a
critical
asset
and
resource
that
is
handled
extensively
by
most
businesses.
Managing
inventory
effectively
has
been
something
that
every
company
strives
for;
however,
it
is
also
an
area
where
companies
often
have
failed
and
still
continue to fail. Companies handle multiple items / products but treat all items equally
because the business objective is to serve the customer. As a result they end up having
excess
inventory
of
the
wrong
items.
As
businesses
expand
there
are
so
many
products
in
inventory
and the company ends
up
having more stocking inventory
for
each
product
or
end
up
investing
more
in
the
wrong
inventory.
Item/inventory
stratification is the process of ranking items based on relevant factors applicable to the
business environment. According to Pradip Kumar Krishnadevarajan, Gunasekaran S.,
Lawrence
F.B.
and
Rao
B
(2015)
and
Pradip
Kumar
Krishnadevarajan,
S
Balasubramanian
and
N
Kannan
(2015)
you
should
classify
items
into
a
certain
number of categories (typically less than five) so that managing them day-to-day does
not become unwieldy. This is especially needed when handling several hundreds or


thousands
of
items,
where
identifying
and
focusing
on
the
most
critical
items
is
of
utmost
importance
to
allow
resources
to
be
used
effectively
and
efficiently.
This
stratification
process
is
typically
done
at
a
physical
location
level
(at
branches
or
distribution centers) across the entire company, although it could be applied at higher
levels (regions or the entire company). The item stratification process is
usually not
well-defined or given due importance, and it often gets over-simplified. The inventory
stratification
process
should
address
several
metrics
and
a
multi-criteria
approach
must be taken for effective inventory management. This paper attempts to present a
comprehensive
framework
that
could
assist
companies
in
choosing
the
right
set
of
metrics to perform inventory ranking for their business.



ORK DEVELOPMENT

The process of inventory classification actually begins by developing or choosing
a framework that suits the company’s vision and goals. The development process of
the
proposed
inventory
framework
process
took
place
in
two
stages.
The
first
stage
was
to
look
at
existing
literature
to
understand
the
different
factors/criteria
that
are
being
used
for
inventory
evaluation
by
various
industries/businesses.
The

second
stage
was
interaction
with
companies
to
gather
input,
understand
metrics
used
and
challenges faced in executing the inventory classification process.
ture Review

(Pareto, 1906) observed that about 20% of the population of a country has about
80% of its wealth (also known as the 80-20 rule). This rule holds true for items sold
by a firm: about 20% of items accou
nt for about 80% of a firm’s
revenue.
(Flores
and
Whybark,
1987)
present
an
inventory
ranking
model
driven
by
criticality and dollar-usage. The first stage is for the users to rank the items based on
criticality,
the
second
stage
ranks
items
based
on
dollar/currency
usage.
Based
on
usage, items are ranked as A, B or C.