Effects of Slow Moving Inventory in Industries: Insights of Other Researchers

K.Balaji, K.Balaji; Kumar, Vibhor

doi:10.7763/ijtef.2013.v4.294

Cited by 3 publications

(3 citation statements)

References 36 publications

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“…Several generic drugs at the South Tangerang General Hospital are included in the slow-moving category. The management of this category of drugs is very important because each drug item must be distributed immediately before its usage period expires (Balaji & Kumar, 2013).…”

Section: )mentioning

confidence: 99%

Analysis of the Effectiveness of Drug Management Systems in Tangerang Selatan General Hospital in 2021

Zaafira,

Yardi

2024

JFG

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Background: Pharmaceutical services are closely related to an optimal drug management system, where with optimal drug management, drug availability can be guaranteed, and patient demand can be fulfilled. Objectives: This study aimed to analized the effectiveness of the drug management system at the distribution stage at the Tangerang Selatan General Hospital in 2021. Material and Methods: The method used wasbased on a book by Satibi in the form of percentage of compatibility of drugs with drug stock cards, Turn Over Ratio (TOR), drug availability levels, percentage of expired and damaged drugs, and percentage of dead stock as measured usedstandards. Data taken prospectively for compatibility of drugs with drug stock cards, and retrospectively for other indicators by looking at generic drug stock cards in 2021. Results: The results showed that the drug compatibility indicators with drug stock cards and the level of availability of drugs were in accordance with the standards, while the Turn Over Ratio (TOR) and dead stock indicators did not meet the standard indicators. Conclusions: The drug management system at the South Tangerang City General Hospital can still be improved.

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Section: )mentioning

confidence: 99%

Analysis of the Effectiveness of Drug Management Systems in Tangerang Selatan General Hospital in 2021

Zaafira,

Yardi

2024

JFG

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“…Many kinds of literature cover numerous tactics regarding slow-moving products, such as optimal level, forecasting, and obsolescence. Balaji and Kumar [6] divided the slow-moving products into three categories for analysis: optimal inventory levels, forecasting, and different difficulties. Each problem is dealt with in the most effective way possible.…”

Section: The Slow-moving Productsmentioning

confidence: 99%

“…Balaji and Kumar [6] presented numerous researchers' perspectives on slow-moving inventories. Slow-moving objects make up a big percentage of firm items.…”

Section: Introductionmentioning

confidence: 99%

Product Pairing Selection for Promotion using Partitioning Method

Wan Nor Munirah Ariffin,

Raveena Subramaniam,

Erni Puspanantasari Putri

et al. 2023

ARASET

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Slow-moving product is harmful to the business. The slow-moving products take up space and tie up the company’s capital and leave the company with fewer funds to invest in its business. Several factors can cause this issue. There are several methods ranging from statistics to heuristic methods for a company to identify slow-moving inventory but all of them rely on data. In this paper, a partitioning technique from the graph network is proposed to partition the inventories or products into a few clusters. It can help the company to identify what group does the product belongs to and at the same time suggest to the company which product can be paired up or bundled up together to clear up aging and slow-moving products. The partition technique is proposed, and the algorithm is coded using the Visual C++ programming language. The simulation results show that the proposed method can partition the task graph onto smaller subgraphs. The subgraphs called cluster consists of the nodes or products with similar purchase volume (the strong connection between the two nodes). Implementing the partitioning technique could help the companies or managers select the appropriate product to be paired together when doing the promotion.

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