Impact Factor

7.883 Call For Paper

Share on

Author(s):

MEGHA TM | Ms. SUMA R
Keywords:

Inventory Management, Cedicom Electronics, Economic Order Quantity (EOQ), ABC AANALYSIS, VED ANALYSIS), Demand Forecasting, Operational Efficiency, Cost Control, Electronics Industry, Procurement Strategy.
Abstract:
Efficient Inventory Management Is Pivotal For Maintaining Cost-effectiveness And Ensuring Customer Satisfaction. This Study Examines The Inventory Management Practices Of Cedicom Electronics, A Prominent Player In The Electronics Distribution Market. The Research Highlights How Cedicom Utilizes A Combination Of Traditional Inventory Control Methods And Cutting-edge Technology To Optimize Stock Levels, Reduce Operational Costs, And Improve Product Availability. Key Inventory Management Strategies Such As Demand Forecasting, Order Quantity Optimization, And Automated Replenishment Systems Are Analysed To Understand Their Impact On Operational Performance. Furthermore, The Study Evaluates The Role Of Inventory Visibility And Real-time Tracking Tools In Enhancing Decision-making Processes And Reducing Stockouts. The Paper Also Delves Into The Challenges Cedicom Faces In Managing Inventory, Particularly In Response To Fluctuating Demand, Product Obsolescence, And Supply Chain Disruptions.

Download Article