Inventory analysis using the ABC approach: Applied research in Al-Zawraa State Company
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Abstract
Inventory is considered one of the important topics that have not been given enough attention by researchers and have not been adequately highlighted. Inventory derives this importance from its direct impact on the company in general and on production and operations management in particular, Therefore, it is necessary to search for modern methods and approaches that help in managing it efficiently. As the Al-Zawraa State Company was chosen as a field of research, and it is one of the formations of the Ministry of Industry and Minerals, and it is one of the distinguished companies in the local industry sector. While the goal of the research was to analyze the inventory according to the ABC method by classifying it into three categories according to the cost criterion for the purpose of controlling and controlling it better. The research community represents the stores of raw materials, which number 2500 items. The research sample consisted of selecting 353 articles, and to achieve the research objective, the ABC method was applied and all data and requirements necessary for its application were provided. The most important resources of this research were that the analysis of inventory according to the ABC curriculum and its classification to three categories according to the cost of the cost has facilitated the process of managing the depositors from the seizure of these categories and its abuse of the two ways. As well as the same as a suitable for each environment, with the same level of the same as a matter of the same as a matter. While the most prominent recommendations included the need to give great importance to inventory, and to adopt modern methods of controlling inventory, with the need to provide an integrated database on inventory and all the details related to it, and to update this data on an ongoing basis.
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