Publication Date
1-1-2012
Document Type
Dissertation/Thesis
First Advisor
McFadden, Kathleen L.
Degree Name
B.A. (Bachelor of Arts)
Legacy Department
Department of Operations Management and Information Systems
Abstract
A forklift company in Illinois has excessive inventory of steel parts. The excessive inventory ties up working capital and can reduce the customer service level. I obtained data from the company and analyzed the increase in inventory over the span of two years. Literature review of similar industrial practices and problems was evaluated to find practical inventory control methodologies. The four recommendations in this capstone project can reduce excessive inventory while contributing to the manufacturing company’s continuous improvement culture. The four recommendations are inexpensive, but require management sponsorship.
Recommended Citation
Nierhoff, Brandon, "Analyzing Excess Inventory of Steel Parts at a Forklift Company" (2012). Honors Capstones. 170.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/170
Extent
22 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
