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Optimization of soft beverage inventory managementin practice for SMEs: A case study of JN Ltd. In China
Jönköping University, Jönköping International Business School, JIBS, Business Administration. (International Logistics and Supply Chain Management)
Jönköping University, Jönköping International Business School, JIBS, Business Administration. (International Logisitcs and Supply Chain Management)
2015 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

Introduction: Nowadays beverage companies must focus on maintaining healthy finishedgoods inventory stocks in order to be able to decrease inventory costs, meet customerrequirements and to obtain competitive advantage. However many beverage SMEdon’t have an accurate planning and forecasting to manufacturing inventories. Thereforethey often face the problem of optimization in inventory management due to several differentreasons. As a result, company loses its competitiveness. Thus, there is a need tocoordinate Inventory activities of beverage SMEs to improve inventories’ planning. The purpose of this study is to analyze how inventory management is organized in a small Chinese beverage company.

Frame of reference: This research is based on the theoretical framework relates with InventoryManagement (IM) and Retailer-managed inventory (RMI), vendor-managed inventory(VMI) and Collaborative Planning, Forecasting and Replenishment (CPFR).Empirical Data were collected through personal interviews and organization documents.

Methodology: The research strategy for this paper is a single case study. This strategy allows investigating topic in its real life context. The inductive approach is used for this research based on qualitative data. The major source of data collection was semi-structured interviews and the company's documents. For analyzing data categorization approach was applied.

Conclusion: The study found that inventory management theories presented in scientificliteratures are used in practice. To achieve better inventory management for beverageSMEs, the authors summarize four importance parameters based on literatures and findings.The authors also provide some suggestions based on the importance parameters inthe conclusion to optimize the case company’s inventory management.

Place, publisher, year, edition, pages
2015. , 52 p.
Keyword [en]
Supply chain management (SCM), Inventory management (IM), Retailer- managed inventory (RMI), Vendor-managed inventory (VMI), Collaborative Planning, Forecasting and Replenishment (CPFR), Small-medium enterprise (SME), Beverage industry, China
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-27350ISRN: JU-IHH-FÖA-2-20150147OAI: oai:DiVA.org:hj-27350DiVA: diva2:824017
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Available from: 2015-07-21 Created: 2015-06-19 Last updated: 2015-07-21Bibliographically approved

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CiteExportLink to record
Permanent link

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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf