Studying Material Inventory Management for Sock Production Factory

Pattanapong Ariyasit*, Nattaphon Supawatcharaphorn**

Industrial Engineering Department,

Faculty of Engineering, Sripatum University

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(IM03)

Abstract

Studying Purposes of the inventory management system managed inventory in the raw materials warehouse of socks manufacturing and reduced the amount of wastes resulting from inventory management. That's the cost of production has led to revisions in the amount of wastes.

From data collection of the system management show low quality of raw materials in manufacturing and inventory management does not suitable for production system. Methodology of this study from the technical products segment ABC of cord material.

A selected group of raw materials from 3 items and the forecast demand for raw material in 1 period and pre-test data by Mean Square Error (MSE) analysis for the most economical size order (Economic Order Quantity) Reordering Point to the safety stock.

Inventory Cost occur at the level of service 80% 85% 90% and the study found that the total cost incurred on the education system, inventory office inventory is lower than the original. From the test results show that in real systems.

Keywords:

Material warehouse Forecasting Economical Order quantity Reordering point Safety stock Deterministic