Materials Management and Development : Case: Famifarm Oy
Nguyen, Hung Cuong; Bui, Ngoc Anh (2013)
Nguyen, Hung Cuong
Bui, Ngoc Anh
Savonia-ammattikorkeakoulu
2013
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201303012791
https://urn.fi/URN:NBN:fi:amk-201303012791
Tiivistelmä
The purpose of this thesis was to research a practical concept of materials in a manufacturing organization, methods for inventory management, some critical problems and their consequen-ces. The research also aimed atfinding out potential reasons to such problems and thereby pro-viding promising solutions.
There are four chapters in this thesis. In chapter 1 the readers are given a general view on how the topic was chosen along with clarifying the research questions; moreover the scope, limita-tions and thesis structure are also discussed in chapter 1. Chapter 2 discusses all issues con-cerning inventory management of raw manterials such as definitions, types of inventory, inven-tory costs, stock rotation, physical inventory and so on. Research on practical inventory mana-gement is dicussed in chapter 3. This chapter consults not only the case company and current model of raw materials at FamiFarm Oy but also problems existing in inventory management. The last chapter suggests some interesting ideas to improve inventory management and brings up some conclusions for whole thesis.
Qualitative interview was used as the main tool for researching. Interviews were semi-structured and conducted either directly or indirectly. In both ways, research results brought great insight of the current methods, occasional stock-outs even though happen rarely but still cost the company a lot of extra efforts and time, the inefficient physical inventory, as well as the unsuitable division. Interview results therefore were used as the foundation to bring out suggestions for both improvements and further researches.
There are four chapters in this thesis. In chapter 1 the readers are given a general view on how the topic was chosen along with clarifying the research questions; moreover the scope, limita-tions and thesis structure are also discussed in chapter 1. Chapter 2 discusses all issues con-cerning inventory management of raw manterials such as definitions, types of inventory, inven-tory costs, stock rotation, physical inventory and so on. Research on practical inventory mana-gement is dicussed in chapter 3. This chapter consults not only the case company and current model of raw materials at FamiFarm Oy but also problems existing in inventory management. The last chapter suggests some interesting ideas to improve inventory management and brings up some conclusions for whole thesis.
Qualitative interview was used as the main tool for researching. Interviews were semi-structured and conducted either directly or indirectly. In both ways, research results brought great insight of the current methods, occasional stock-outs even though happen rarely but still cost the company a lot of extra efforts and time, the inefficient physical inventory, as well as the unsuitable division. Interview results therefore were used as the foundation to bring out suggestions for both improvements and further researches.