Increasing monthly average inventory turnover ratio using exponential smoothing and fixed period model at equilibrim Intertrade de Corporation, Tunasan, Muntinlupa City, Philippines.

Date

4-2013

Degree

Bachelor of Science in Industrial Engineering

College

College of Engineering and Agro-Industrial Technology (CEAT)

Adviser/Committee Chair

Mariano, Lizbeth A.

Committee Member

Pesigan, Clarissa M. Yap, Mikel Angelo B.

Restrictions

Restricted: Not available to the general public and to those bound by the confidentiality agreement. Access is available only after consultation with author/thesis adviser.

Abstract

Equilibrium Intertrade Corporation(EQ), whose main branch is located in Tunasan, Muntinlupa City is the official distributor of Torani flavored syrups and sauces and other coffee products such as Caffe' Mauro and Dilmah Tea to name a few in the Philippines. EQ has been experiencing low inventory turnover that led to overstocks for the past few years of its operation. This study focused on analyzing the critical few items from each of the three brands of EQ namely Dilmah, Caffe Mauro and Torani from January 2011- April 2012. Seven products families were chosen and analyzed. The problem was addressed through implementing Fixed-Period Model and application of Exponential Smoothing Method. From the following current monthly average inventory turnover ratio of 0.0367, 0.0256 and 0.1703 for Dilmah, Caffe' Mauro and Torani brands respectively, these were increased to 0.6218, 0.0426, and 1.3105. The solutions generated savings amounting to Php 45,310, 231.16 worth of inventory cost for the span of 16 months

Language

English

Location

UPLB College of Engineering and Agro-Industrial Technology

Call Number

LG 993 2013 E66 M33

Document Type

Thesis

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