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Research into a fitting purchasing volume determination tool

Peters, R.N. (2019) Research into a fitting purchasing volume determination tool.

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Abstract:De Spiraal Advanced Springs B.V. and Tribelt Advanced Belts B.V. (further called: the company) manufacture their products out of metal wire and strip metal. De Spiraal produces technical springs while Tribelt produces metal conveyor belts. The competitive advantage of the company is to achieve short lead-times for their customers. Because of the long lead-times of the supplier, the company is forced to keep a certain amount of inventory. This amount of inventory should be determined by the demand. However, the demand for raw materials within the company is fluctuating. That’s why it is difficult to set the right inventory levels. Consequently, this leads to unnecessary high inventory as well as stock-outs. One of the probable reasons for these negative developments is the fact that the purchasing department does not have a clear dashboard to determine the purchasing volume.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/77420
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