ABC ANALYSIS IN SPARE PARTS WAREHOUSE

Katarzyna Grondys ()
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Katarzyna Grondys: Czestochowa University of Technology

Polish Journal of Management Studies, 2009, vol. 3, issue 1, 147-156

Abstract: The goal of this study was to carry out single- and multi-aspect ABC analyses in spare parts warehouse. Two cases were considered within the investigations. First case concerned stock with the required safety stock, whereas in the second case, safety stock was neglected. Comparison of the results for both analyses was to show how the level of safety stock impacts on selection of more profitable and most often replenished areas and for which groups of product range warehousing brings highest financial profits. Pointing to key areas of warehouse parts will allow for further development of the company oriented towards profits and improved customer service. It will allow for investing in more cost-effective areas and exclusion of those which freeze the capital.

Keywords: ABC analysis; data normalization; utility function (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pcz:journl:v:3:y:2009:i:1:p:147-156

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