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dc.contributor.author Vidanapathirana, GD
dc.contributor.author Jayaratne, P
dc.contributor.editor Gunaruwan, TL
dc.date.accessioned 2022-04-22T04:33:52Z
dc.date.available 2022-04-22T04:33:52Z
dc.date.issued 2016-06
dc.identifier.citation Vidanapathirana, G.D., & Jayaratne, P. (2018). Enhancing the efficiency of inventory management in FMCG industry [Extended Abstract]. In T.L. Gunaruwan (Ed.), Proceedings of 1st International Conference on Research for Transport and Logistics Industry 2016 (pp. 177-180). Sri Lanka Society of Transport and Logistics. https://slstl.lk/r4tli-2016/ en_US
dc.identifier.uri http://dl.lib.uom.lk/handle/123/17653
dc.description The decision on how much inventory to keep in hand can be identified as one of the key decisions to make in manufacturing, retail and many production industries in various businesses [1]. Basically, inventory is one of the most important items of current assets of an organisation, which permits smooth process of operation, production and sales process [2]. As such, proper management of inventory level is essential, since it leads to reduce the total inventory cost which constitutes a significantly high portion of the total logistics cost [3]. Inventory management is particularly important in the Fast Moving Consumer Goods (FMCG) sector, as the manager‟s target would be to reduce the logistics cost due to the shorter shelf life time and lower profit margins associated with the sector. According to the research, maintaining appropriate stock level refers to the proper management of the inventory of the company, and it can be identified as one of the most critical factors when it comes to FMCG industry. Hence this research will focus on how to enhance the efficiency of inventory management in FMCG industry. en_US
dc.language.iso en en_US
dc.publisher Sri Lanka Society for Transport and Logistics en_US
dc.relation.uri https://slstl.lk/r4tli-2016/ en_US
dc.subject Inventory management en_US
dc.subject Efficiency en_US
dc.subject Inventory management strategies en_US
dc.subject FMCG industry en_US
dc.subject Supply chain en_US
dc.title Enhancing the efficiency of inventory management in FMCG industry en_US
dc.type Conference-Extended-Abstract en_US
dc.identifier.faculty Engineering en_US
dc.identifier.department Department of Transport and Logistics Management en_US
dc.identifier.year 2016 en_US
dc.identifier.conference 1st International Conference on Research for Transport and Logistics Industry 2016 en_US
dc.identifier.place Colombo en_US
dc.identifier.pgnos pp. 177-180 en_US
dc.identifier.proceeding Proceedings of 1st Conference on Research for Transport and Logistics Industry - 2016 en_US


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