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Original scientific paper

A model for stock management in a woodprocessing and furniture manufacturing company

Leon Oblak ; University of Ljubljana, Biotechnical Faculty, Slovenia
Denis Jelačić ; Šumarski fakultet Sveučilišta u Zagrebu
Darko Motik ; Šumarski fakultet Sveučilišta u Zagrebu
Tomislav Grladinović ; Šumarski fakultet Sveučilišta u Zagrebu


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Abstract

Stock management includes processes such as stock monitoring, restocking i.e. ordering new stock and preventing stock sell-out. Stock is essential for smooth operation, supply and purchasing. This article develops a model for stock management in a hypothetical woodprocessing company, where part of production is intended for
an unknown customer. We designed a model for periodical monitoring of product group stock by using simple exponent regulation and ordering up to the target stock. The adjusted quantities of sales budget are launched into production with the help of a multi-criteria decision-making model. The designed model enables an optimum level of intermediate product stock, unfinished production and the final product stock. Flowchart technique is used for showing the reshaped process of presenting the sales budget and ordering of materials.

Keywords

woodprocessing; furniture manufacture; stock management; modelling; multi criteria decision making

Hrčak ID:

21066

URI

https://hrcak.srce.hr/21066

Publication date:

29.2.2008.

Article data in other languages: croatian

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