Reducing Slow Moving Inventory in a Large Manufacturing Company
Suuronen, Jonne (2015)
Suuronen, Jonne
2015
Konetekniikan koulutusohjelma
Teknisten tieteiden tiedekunta - Faculty of Engineering Sciences
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Hyväksymispäivämäärä
2015-04-08
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:tty-201503251179
https://urn.fi/URN:NBN:fi:tty-201503251179
Tiivistelmä
This research discusses the problem of slow moving inventory. The motivation for the research comes from CaseCompany’s requirements for more efficient use of capital. The main objective of this thesis is to gain knowledge and understanding of the activation and accumulation as well as prevention of excess and obsolete inventory.
There are two main research questions the thesis. The first question is formulated as:”What is the current state of the slow moving inventory?”. The second question is formulated as: ”How can CaseCompany decrease the level of slow moving inventory permanently”. The research method for the thesis is mixed-model research. The research is implemented as a mix of case study and action oriented research. The problem is approached through current state analysis of the inventory content. Additionally literature review and observations from unstructured discussion were done.
As a result of this thesis a framework to facilitate the problem was established. The framework is based on fundamental tools and applications that enables slow moving inventory reduction. Actions and processes are divided to activation actions and preventative actions. Activation actions are aimed to capitalize currently existing slow moving inventory as preventative actions are aimed to stop slow moving inventory accumulation.
There are two main research questions the thesis. The first question is formulated as:”What is the current state of the slow moving inventory?”. The second question is formulated as: ”How can CaseCompany decrease the level of slow moving inventory permanently”. The research method for the thesis is mixed-model research. The research is implemented as a mix of case study and action oriented research. The problem is approached through current state analysis of the inventory content. Additionally literature review and observations from unstructured discussion were done.
As a result of this thesis a framework to facilitate the problem was established. The framework is based on fundamental tools and applications that enables slow moving inventory reduction. Actions and processes are divided to activation actions and preventative actions. Activation actions are aimed to capitalize currently existing slow moving inventory as preventative actions are aimed to stop slow moving inventory accumulation.