Six Sigma Applied in Inventory Management

Biao Hu; Yun Tian

doi:10.4028/www.scientific.net/AEF.1.355

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HomeAdvanced Engineering ForumAdvanced Engineering Forum Vol. 1Six Sigma Applied in Inventory Management

Six Sigma Applied in Inventory Management

Abstract:

Inventory management is a kind of method used by manufacturing or service sector to manage and control various articles and other resources in the whole process of production and operation. This paper, aiming at the contradiction, brings forward the thought of combining Six Sigma Concept with inventory management. Using Six Sigma Tools, the root source of inventory overstock will be revealed and according process can be improved, thus to achieve the goal of inventory optimizing and customer satisfactory elevating. An actual example is demonstrated in the paper to verify the validity of the combination between inventory management and Six Sigma.

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Periodical:

Advanced Engineering Forum (Volume 1)

Pages:

355-359

DOI:

https://doi.org/10.4028/www.scientific.net/AEF.1.355

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Online since:

September 2011

Authors:

Biao Hu, Yun Tian

Keywords:

Inventory Management, Process Improvement, Six Sigma Management

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