Developing and testing strategies to reduce inventory in the finished goods warehouse

The work is devoted to the problem of reducing the level of inventory in the finished goods warehouse of an industrial enterprise. This problem is urgent, because today there are no universal mathematical models or algorithms that can be applied to any enterprise without any changes. This problem belongs to the area of inventory management, but its specificity is that only own-produced products enter the warehouse. The theoretical part of the work gives an overview of methods of inventory management and organisation of production, in which most of the products belong to the category “for the warehouse”. The main content of the work is an experimental study of a dynamic inventory management method based on short-term commodity demand forecast analysis. Decisions on the size and timing of replenishment of the warehouse are made using a specially developed algorithm. The paper describes the stages of creation, verification and application of a simulation model, which is used to study the dynamics of stock in the warehouse during a year in a company that produces plastic profiles for window constructions. As a result of simulation experiments, an algorithm was found, using which the maximum stock level is the lowest and differs from competing variants by 20-50 percent.