Analysis integrated for decision making: the effects of modeling in inventory management and the impact on profitability ROI indicator

Authors

  • Elisandro João de Vargas Universidade do Vale do Rio dos Sinos http://orcid.org/0000-0003-2263-5237
  • Bruno Baccin Universidade do Vale do Rio dos Sinos
  • Miguel Afonso Sellitto Universidade do Vale do Rio dos Sinos

DOI:

https://doi.org/10.14488/1676-1901.v17i1.2556

Keywords:

Inventory Management. Modeling. Return on Investment. Raw Material.

Abstract

A suitable stock management can help minimize the effects of variability and operational costs, as well as improve service levels and profitability. In this sense, the purpose of this article is to integrate modeling on inventory management and its impact on the profitability indicator ROI. Four scenarios were modeled and applied in a case regarding the inventory management of raw material, applied in a metalworking company in the state of Rio Grande do Sul. The modeled results were used to identifying, comparing and analyzing impacts generated on the company's profitability indicator. The research method was the quantitative modeling. The results indicate the possibility of reducing the total cost of operation, reduction of the quantity and values in inventory and inventory turnover increase. In addition, the impacts of modeling demonstrated the possibility of increase ROI by up to 58.5% in the short term. The integrated analysis can assist in the understanding of the importance of suitable stocks management.

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Author Biography

Elisandro João de Vargas, Universidade do Vale do Rio dos Sinos

Engenharia de Produção e Sistemas, Área de Concentração em Gerência da Produção, Linhas de Pesquisa em Planejamento e Gestão da Competitividade.

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Published

2017-03-15

How to Cite

Vargas, E. J. de, Baccin, B., & Sellitto, M. A. (2017). Analysis integrated for decision making: the effects of modeling in inventory management and the impact on profitability ROI indicator. Revista Produção Online, 17(1), 325–350. https://doi.org/10.14488/1676-1901.v17i1.2556

Issue

Vol. 17 No. 1 (2017)

Section

Papers

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