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Ingeniare. Revista chilena de ingeniería
On-line version ISSN 0718-3305
Abstract
GONZALEZ, Adolfo. An inventory management model based on competitive strategy. Ingeniare. Rev. chil. ing. [online]. 2020, vol.28, n.1, pp.133-142. ISSN 0718-3305. http://dx.doi.org/10.4067/S0718-33052020000100133.
This article presents a methodology for inventory management, aimed at the competitive strategy of a company in multi-environments and variability in demand. The proposed methodology is divided into four stages: First, it identifies and locates the strategy of the company in a competitive environment in relation to service levels. The second stage provides a classification of products according to criteria consistent with company strategy, classifying products according to their relevance, depending on demand. In the third stage, the demand forecast is calculated using the coefficient of variation as a measure of variability and the forecasting technique is exponential smoothing, although the methodology is flexible and can be used other methods of time series. The fourth stage is focused on the selection of an inventory policy according to the needs of the competitive strategy of the company in this case it is used to periodic review policy. This four-step methodology was implemented in a leading company for the category of screws and bolts in Chile.
Keywords : Competitive strategy; inventory management; ABC classification; demand forecasting; Inventory policies.