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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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 |
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Universiti Malaysia Pahang |
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language |
English |
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T Technology (General) |
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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 |
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2023-09-18T22:02:58Z |
last_indexed |
2023-09-18T22:02:58Z |
_version_ |
1777414520725045248 |