Publication Date

1-1-2012

Document Type

Dissertation/Thesis

First Advisor

McFadden, Kathleen L.

Degree Name

B.A. (Bachelor of Arts)

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.

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

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