Cost-based analysis of strategy development for demand-driven warehousing systems

Authors

  • Péter Dobos University of Miskolc
  • Béla Illés University of Miskolc
  • Péter Tamás University of Miskolc

DOI:

https://doi.org/10.35925/j.multi.2020.4.6

Keywords:

Warehousing systems, demand control, planning

Abstract

The hectic nature of the market and the difficult and only short-term planning of end-user demand pose are an increasing risk to industrial actors and companies. Most industrial participants are adapting to the new market environment for sustainability, and this adaptation involves reallocations of available financial frameworks, reductions in expenditure reporting, austerity, and ultimately restructuring. Any method or procedure that helps to determine and plan the expected costs based on the available data is a significant help to the companies. The developed procedure can be applied to production companies to select a cost-optimized warehousing strategy, taking into account the value of the committed capital and investment opportunities included in the business plan. Providing predictability and predictability in terms of costs incurred.

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Published

2020-10-21