DIGITALIZATION OF THE INVENTORY OPTIMIZATION PROCESS Cover Image

DIGITALIZACIJA PROCESA OPTIMIZACIJE ZALIHA
DIGITALIZATION OF THE INVENTORY OPTIMIZATION PROCESS

Author(s): Venan Hadžiselimović
Subject(s): Business Economy / Management, Labor relations, ICT Information and Communications Technologies
Published by: Ekonomski fakultet - Univerzitet u Zenici
Keywords: Digitization; application; optimal stocks; Just in time; work organization;

Summary/Abstract: This text discussed how technological improvements in combination with a well-established organizational structure have an impact on reducing deviations from optimal supply. This text is based on the applied experiences of the HIFA OIL company implemented in 2023. Faced with a lack of skilled labor in operational positions in FMCG procurement, the company had to reorganize operations to try to reduce high costs caused by large deviations from optimal stocks. The reorganization was accompanied by technological improvements in the form of a new software solution, the task of which was to neutralize the poor quality of the operative workforce to the greatest extent possible. The text explains the advantages and disadvantages of the old and new organizational model of procurement, as well as the results achieved with the help of the new model and software application.

  • Issue Year: 5/2024
  • Issue No: 1
  • Page Range: 149-160
  • Page Count: 12
  • Language: Bosnian
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