scholarly journals Study on Inventory Management Optimization of Small and Medium-sized Retail Companies in the Context of New Retail

2021 ◽  
Vol 9 (5) ◽  
Author(s):  
Zhou Chuanpeng ◽  
Zhang Yi
Keyword(s):  
Inventory Management ◽  
Delivery Method ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Before And After ◽  
Innovation Ability ◽  
Management Optimization ◽  
Hierarchy Process ◽  
Weight Data

The emergence of "New Retail" produces a great impact on the inventory management of retail companies. Using ASY company as the study object, this paper calculates weights of factors affecting inventory management with the Analytic Hierarchy Process (AHP) method to obtain the weight data of each factor before and after the New Retail appears. On this basis, it analyzes how New Retail affects the inventory management of ASY company. Besides, it offers optimization strategies and effect feedback indicators for the following problems faced by this company: pay less attention to delivery method and management system; poor incentive polices for employees; lay less stress on FMCG; too many goods are distributed by manufacturers; heavy workload; increased impact generated by fund restrictions; little knowledge about New Retail; make little efforts to improve employees' learning and innovation ability.

scholarly journals Prioritizing the Factor Weights Affecting Tourism Performance by FAHP

10.5772/57141 ◽  
2013 ◽  
Vol 5 ◽  
pp. 51 ◽  
Author(s):  
Quang Hung Do ◽  
Jeng Fung Chen
Keyword(s):  
Tourism Industry ◽  
Decision Makers ◽  
Limited Resources ◽  
Decision Making Process ◽  
Key Factors ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
The Hierarchical Structure ◽  
Hierarchy Process

The allocation of limited resources to effectively promote tourism is one of the most important issues in the tourism industry, especially in tough economic times. This paper seeks to investigate the relative importance of the key factors affecting tourism performance by applying the fuzzy analytic hierarchy process (FAHP) method. Specifically, the paper identifies the factors and sub-factors of the hierarchical structure from the literature relating to tourism performance. The framework based on the AHP method is then proposed to determine the relative weights of the factors and sub-factors in contributing to tourism performance. An application case related to the Vietnamese context is used to illustrate the proposed framework. The results of this study consolidated the tourism theory and suggested recommendations and solutions for the Vietnamese tourism industry. The proposed framework could be used by a group of decision-makers to achieve a consensus, as well as deal with uncertainty in the decision-making process. The findings of the study may serve as a tool for assistance for planners in improving the efficiency of tourism performance.

Developing a Competitive Strategy for the Port of Qingdao: An Application of the Analytic Hierarchy Process to Ports in Bohai Bay

2011 ◽  
Vol 97-98 ◽  
pp. 659-663
Author(s):  
Yan Chang Lv ◽  
Kevin Cullinane ◽  
Ping Lu
Keyword(s):  
Analytic Hierarchy Process ◽  
Bohai Bay ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Strategic Measures ◽  
Container Handling ◽  
Main Factors ◽  
The Analytic Hierarchy Process ◽  
Hierarchy Process

Container handling in the ports of the Bohai Bay region is analyzed from the perspective of the competitiveness of the Port of Qingdao. The Analytic Hierarchy Process (AHP) method is applied to this problem based on the main factors affecting the competitiveness of container handling. The results of the analysis suggest that the Port of Qingdao possesses both current and potential future competitive advantage. The paper concludes with some strategic measures and suggestions for boosting the competitiveness of the Port of Qingdao.

Supplier Selection in Food Industry Using Analytic Hierarchy Process (AHP) Method

2021 ◽  
pp. 657-670
Author(s):  
Yusuf Ersoy
Keyword(s):  
Supply Chain ◽  
Food Production ◽  
Food Industry ◽  
Chain Process ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Agricultural Efficiency ◽  
Purchasing Department ◽  
Hierarchy Process

The human population has been growing rapidly in recent years. One of the most basic needs of people is food. Many countries around the world invest in the food industry. Climate change, population growth, urbanization, natural disasters, and agricultural efficiency are important factors affecting food production. Companies must constantly control their production, marketing, and supply chain process depending on the rapidly changing competitive conditions. Supply chain management is an important process for companies to be successful and ensure their continuity in the food industry, as in many industries. Analytical hierarchy process (AHP) method is widely used in supplier evaluation. In this study, it was aimed to determine the best supplier of food production company using the AHP method. In the study, three different suppliers were evaluated according to five different criteria by taking the opinions of four experts working in the purchasing department. As a result of the study, the best supplier has been selected.

Evaluation Key Risk Factors Affecting Cargo Damages on Export Operations for Container Carriers in Taiwan

2018 ◽  
Vol Vol 160 (A4) ◽  
Author(s):  
Wen-Jui Tseng ◽  
Ji-Feng Ding ◽  
Yi-Chun Chen
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Management Strategies ◽  
Relative Importance ◽  
Container Shipping ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Risk Management Strategies ◽  
Hierarchy Process

The main purpose of this article is to apply the Analytic Hierarchy Process (AHP) method to analyse key risk factors affecting cargo damages on export operations for container shipping carriers in Taiwan. Based on the literature and experts’ opinions, a hierarchical structure with three risk aspects and eleven risk factors was constructed. We then applied the AHP procedure and AHP experts’ questionnaires to evaluate the key risk factors. The empirical results showed that: (1) ‘Shipping proxy phase’ is the most important aspect affecting cargo damages on export operations for container shipping carriers in Taiwan. (2) In order of relative importance, the top four key risk factors are “shipper’s concealed items have not been reported,” “inappropriate cargo packaging,” “insecure fixation between the container and ship deck,” and “error in printed documents.” Furthermore, some recommendations concerning effective risk management strategies and advices are provided for container shipping carriers.

scholarly journals Risk assessment model in inventory management using the AHP method

2020 ◽  
Vol 27 (3) ◽  
Author(s):  
Andréa Carla Monteiro Sales ◽  
Luciana Gondim de Almeida Guimarães ◽  
Alípio Ramos Veiga Neto ◽  
Walid Abbas El-Aouar ◽  
Glauber Ruan Pereira
Keyword(s):  
Inventory Management ◽  
Material Handling ◽  
Assessment Model ◽  
Risk Assessment Model ◽  
Ahp Method ◽  
Metal Production ◽  
Analytic Hierarchy ◽  
Production Chain ◽  
Hierarchy Process ◽  
Consumption Demand

Abstract: Identification and hierarchy of risks in inventory management allow mapping and generating a plan of actions in order to control them, diminish them or even extinguish them. This research aims to identify and measure the degree of importance of the main problems encountered in the sector of a metal production chain. The method used to develop this research is the Analytic Hierarchy Process (AHP), in order to hierarchize and thus defines the best way to manage risks. The main results of this study reveal that each area of the organization presents a risk that stands out in the management of inventories, allowing the company to control its expenses better, aligning itself with the companies' strategy of producing at the lowest cost. Excess consumption (demand), supplier delay (supply), and stock divergence (material handling) were highlighted as the major risks in their categories. This study revealed that in the category of demand risks, excess consumption was identified as the most critical risk, in the supply category, the supplier delay was identified at the highest risk and finally in the material handling category, the risk divergence of inventory obtained the highest percentage in relation to the other problems.

scholarly journals APPLICATION OF ANALYTIC HIERARCHY PROCESS (AHP) METHOD TO OPTIMZE THE CHOICE OF A GLUTEN-FREE COOKIE FORMULA FORTIFIED WITH BANANA PEEL POWDER

2019 ◽  
Vol 11 (3) ◽  
pp. 355-367
Author(s):  
Mohammad Noshad ◽  
Sahar Asgharipour
Keyword(s):  
Analytic Hierarchy Process ◽  
Banana Peel ◽  
Gluten Free ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Banana Peel Powder ◽  
Hierarchy Process ◽  
Optimal Formula

When considering several factors affecting the quality of gluten-free cookies, choosing the optimal formula based on multi-criteria decision making is complex and not easy. Therefore, in this study the Analytic Hierarchy Process (AHP) method was used to optimize the best formula for a gluten-free cookie containing banana peel powder. For this purpose, physicochemical aspects such as texture, aroma, taste, color and porosity, fiber content, antioxidant activity, phenolic compounds, moisture content and ash content were evaluated to determine the optimal formula for a gluten-free cookie containing banana peel powder. The results showed that the optimal cookie contained 4% banana peel powder with a weight of 0.178. Moreover, the results showed that the rate of inconsistency was 0.77, and since it was less than 0.1 the results are reliable.

EVALUATING KEY RISK FACTORS AFFECTING CARGO DAMAGES ON EXPORT OPERATIONS FOR CONTAINER CARRIERS IN TAIWAN

2021 ◽  
Vol 160 (A4) ◽  
Author(s):  
Wen-Jui Tseng ◽  
Ji-Feng Ding ◽  
Yi-Chun Chen
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Management Strategies ◽  
Relative Importance ◽  
Container Shipping ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Factors Affecting ◽  
Risk Management Strategies ◽  
Hierarchy Process

The main purpose of this article is to apply the Analytic Hierarchy Process (AHP) method to analyse key risk factors affecting cargo damages on export operations for container shipping carriers in Taiwan. Based on the literature and experts’ opinions, a hierarchical structure with three risk aspects and eleven risk factors was constructed. We then applied the AHP procedure and AHP experts’ questionnaires to evaluate the key risk factors. The empirical results showed that: (1) ‘Shipping proxy phase’ is the most important aspect affecting cargo damages on export operations for container shipping carriers in Taiwan. (2) In order of relative importance, the top four key risk factors are “shipper’s concealed items have not been reported,” “inappropriate cargo packaging,” “insecure fixation between the container and ship deck,” and “error in printed documents.” Furthermore, some recommendations concerning effective risk management strategies and advices are provided for container shipping carriers.

DETERMINING THE DESALINATION UNIT COMPOSITION FOR COSTAL AREAS AND SMALL ISLANDS USE ANALYTIC HIERARCHY PROCESS

2017 ◽  
Vol 9 (1) ◽  
Author(s):  
Imam Setiadi ◽  
Dinda Rita K. Hartaja
Keyword(s):  
Analytic Hierarchy Process ◽  
Energy Demand ◽  
Pairwise Comparison ◽  
Small Islands ◽  
Ahp Method ◽  
Analytic Hierarchy ◽  
Comparison Research ◽  
Hierarchy Process ◽  
Selection Of

Selection of the appropriate composition desalination units can be done with a variety of method approaches, one of the method is the Analytic Hierarchy Process. In determining the desalination unit with AHP method to consider is setting a goal, an alternative criteria and pairwise comparison. Research for the determination of the exact composition of the desalination unit in order to achieve sustainable drinking water suppy in coastal areas and small islands has been conducted. The results of the study are as follows, the energy demand of 50.83%, operator costs of 26.64%, maintenance costs of 14.13% and chemical requirement 8.4%. For an alternative composition desalination unit of RO 10 m3 / day is the best alternative composition with value of 59.61%, the composition of the next alternative is RO 20 m3/ day of 30.40% and the last alternative of the desalination unit composition is RO 120 m3/ day of 09.99%.Key words : Desalination, Mukti Stage Flash Composition, AHP

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