Track: Undergraduate Student Paper Competition

Abstract

Businesses must respond rapidly to client demand, withstand competitive conditions, and preserve their existence in today's competitive climate. Stock management is one of the most important aspects of achieving these objectives. Businesses must first classify the raw materials or replacement parts that must be in stock before implementing balanced stock management. One of these classifying approaches is ABC analysis. The practice of reviewing inventory to determine how much stock to keep is known as ABC inventory analysis. This study is critical for effective inventory management in businesses. ABC analysis, one of the stock control methods, was used in this study in a carpet firm in Gaziantep, and the results were compared. In this study, ABC analysis, one of the stock control methods, was carried out in a carpet business operating in Gaziantep, and the differences between the current situation and the situation after ABC analysis were presented.

Keywords
ABC inventory analysis, multiple criteria for ABC, warehouse allocation.