Steel shaft Inventory analysis and classification by ABC Analysis

Abstract

Inventory management is an important thing that management must consider in business operations. This research studies Inventory management by ABC Analysis. In order to reduce the cost of production of steel shaft to be minimal. The duration of the research is 3 months. After the adjustment of the Inventory Type A and B. The improvement results in costs that can be reduced by 16.47 percent from the average cost is 235,509 baht. Reducing average monthly expenses 38,801  baht