Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company

Nowadays many studies have stressed the diagnosing inventory systems. This article examined problems encountered on logistics in a Malaysia herbal medicine company. The diagnosis was conducted using the fish bone diagram for the whole supply chain process from the production, hub warehouse, freight...

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Main Authors: Fadilah, Siali, Liu, Yao, Cheng, Jack Kie
Format: Article
Language:English
Published: Scientific Research 2013
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/1/Inventory_Management_and_Logistics_Cost_Reduction-_A_Case_of_a_Malaysia_Herbal_Medicine_Company.pdf
id ump-6832
recordtype eprints
spelling ump-68322018-01-16T02:40:52Z http://umpir.ump.edu.my/id/eprint/6832/ Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company Fadilah, Siali Liu, Yao Cheng, Jack Kie T Technology (General) Nowadays many studies have stressed the diagnosing inventory systems. This article examined problems encountered on logistics in a Malaysia herbal medicine company. The diagnosis was conducted using the fish bone diagram for the whole supply chain process from the production, hub warehouse, freight forwarders, zone warehouse to customers. The derived results highlight the inventory level management as the root reason, which leads to a set of initial recommenda- tions, including: 1) install the computer-based software system to control inventory level which is to be integrated with the supply chain; and 2) meanwhile implement aggressive marketing approaches to minimize the rate of the returned products. Scientific Research 2013 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/6832/1/Inventory_Management_and_Logistics_Cost_Reduction-_A_Case_of_a_Malaysia_Herbal_Medicine_Company.pdf Fadilah, Siali and Liu, Yao and Cheng, Jack Kie (2013) Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company. Technology and Investment, 4 (3). pp. 204-212. http://dx.doi.org/10.4236/ti.2013.43024 DOI: 10.4236/ti.2013.43024
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic T Technology (General)
spellingShingle T Technology (General)
Fadilah, Siali
Liu, Yao
Cheng, Jack Kie
Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
description Nowadays many studies have stressed the diagnosing inventory systems. This article examined problems encountered on logistics in a Malaysia herbal medicine company. The diagnosis was conducted using the fish bone diagram for the whole supply chain process from the production, hub warehouse, freight forwarders, zone warehouse to customers. The derived results highlight the inventory level management as the root reason, which leads to a set of initial recommenda- tions, including: 1) install the computer-based software system to control inventory level which is to be integrated with the supply chain; and 2) meanwhile implement aggressive marketing approaches to minimize the rate of the returned products.
format Article
author Fadilah, Siali
Liu, Yao
Cheng, Jack Kie
author_facet Fadilah, Siali
Liu, Yao
Cheng, Jack Kie
author_sort Fadilah, Siali
title Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
title_short Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
title_full Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
title_fullStr Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
title_full_unstemmed Inventory Management and Logistics Cost Reduction: A Case of a Malaysia Herbal Medicine Company
title_sort inventory management and logistics cost reduction: a case of a malaysia herbal medicine company
publisher Scientific Research
publishDate 2013
url http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/
http://umpir.ump.edu.my/id/eprint/6832/1/Inventory_Management_and_Logistics_Cost_Reduction-_A_Case_of_a_Malaysia_Herbal_Medicine_Company.pdf
first_indexed 2023-09-18T22:02:58Z
last_indexed 2023-09-18T22:02:58Z
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