Forecasting techniques for inventory management: A case study of a CNC manufactory

บทคัดย่อ

This research studied the production of a CNC machine manufactory that faced problems in the
competitive market. In order to improve quality control and response to fluctuations in costomer’s demand, the company needed to develop an additional machine’s function. The fluctuations in customer’s demand caused inventory problems in raw material management, quantities, and lead-time for purchasing. The purpose of this research was to introduce a forecasting technique used to improve the efficiency in the purchase of raw materials. The ABC Analysis was used to prioritize raw materials. Next, 13 items of the raw materials in Group A
and Group B were forcasted and the economic order quantities (EOQ) were calculated. The result of this technique illustrated that the forecast was closed to the actual demand consumption.