Dear users,
This is our new website
(we are launching the new one in order to improve our communication and provide better services to the editors and authors. So we will upload all data soon).


Please click here to visit our current website, and also to submit your paper
:
 
www.ijsom.com 


 Thanks for your patience during relocation.

Feel free to contact us via info@ijsom.com and ijsom.info@gmail.com

   [Home ] [Archive]    
:: Main :: About :: Current Issue :: Archive :: Search :: Submit :: Contact ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
Search in website

Advanced Search
..
Receive site information
Enter your Email in the following box to receive the site news and information.
..
Indexing Databases

AWT IMAGE
AWT IMAGE

AWT IMAGE

AWT IMAGE

AWT IMAGE

AWT IMAGE

AWT IMAGE

AWT IMAGE

AWT IMAGE

..
:: Search published articles ::
Showing 1 results for Inventory Optimization

Stephen Nwanya,
Volume 2, Issue 2 (8-2015)
Abstract

The study determined optimum inventory levels for various bakery resources using the bread supply chain network in Onitsha City. Structured questionnaires were administered among bakery factories. The optimum design achieved through the optimization model was compared with the existing systems. Analysis of 90 bakeries with a combined capacity of 3960 revealed that total money N 564,408,477.28 is spent on energy annually. Of this amount, 66.75% is expended annually to meet diesel requirements, while firewood and petrol account for 22.57% and 10.66%, respectively. The results of the ABC analysis show that flour ranks as class A with over 78%, followed by sugar at 13%, whilst the remainder of the ingredients constitutes 9%. High operating costs was identified as a major factor militating against the growth of the sector. Consequently, baked bread is expensive and remuneration is very poor, making the industry less attractive. The implementation of optimization practice adds value leading to savings amounting to N 6,957.51, thus enhancing the supply chain competiveness. The annual supply chain performance measured by inventory turnover shows a frequency of 73 inventory turns. Since the bakeries contribute to ensuring food security, these findings, if implemented, will assuage the rising food insecurity in the nation.

Page 1 from 1     

International Journal of Supply and Operations Management International Journal of Supply and Operations Management
Persian site map - English site map - Created in 0.07 seconds with 29 queries by YEKTAWEB 4666