THE POSSIBILITIES OF OPTIMIZATION OF THE STEEL COIL INVENTORY IN THE PROCESSING COMPANY

1 VLCKOVA Vladimira
Co-authors:
1 MACHAC Otakar
Institution:
1 University of Pardubice, Pardubice, Czech Republic, EU, vladimira.vlckova@upce.cz, otakar.machac@upce.cz
Conference:
25th Anniversary International Conference on Metallurgy and Materials, Hotel Voronez I, Brno, Czech Republic, EU, May 25th - 27th 2016
Proceedings:
Proceedings 25th Anniversary International Conference on Metallurgy and Materials
Pages:
2076-2081
ISBN:
978-80-87294-67-3
ISSN:
2694-9296
Published:
14th December 2016
Proceedings of the conference were published in Web of Science and Scopus.
Metrics:
72 views / 36 downloads
Abstract

The paper is dedicated to the problems of optimization of the inventory of steel coils in a processing company supplying the B2C market. It aims to describe and analyse the possibilities and barriers of inventory optimization with respect to the linkages with coil suppliers within the supply chain in metallurgy. The conducted targeted scientific literature review focussed on inventory optimization models resulted in selection and application of a modification of the standard Q – model, altered for the particular conditions of the solved problem, which is described and evaluated in the article.

Keywords: Inventory, supply chain, metallurgy, steel coil

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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