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CHƯƠNG 4: QUẢN LÝ DỰ TRỮ

2 Nội dung
• Khái niệm.

• Mục dích của dự trừ


29/02/2024

•Các loại dự trừ

• Các loại chỉ phí dự trứ

• Thiết kế hệ thống hàng dự trừ

• Các mô hình quản lý hàng dự trừ:

- Mô hình đặt hàng kinh tế EOQ (Economic Order Quantity Model)


MSc. Le Thi Thanh Ngan

- Điểm tái đặt hàng

- Mức dự trữ an toàn


3

Khái niệm?
Quản lý hàng dự trữ là việc doanh nghiệp thiết lập một hệ
thống quản lý hàng dự trữ để theo dõi các loại hàng hóa dự
trữ và đưa ra các quyết định về số lượng, thời gian đặt hàng
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nhằm tối ưu hoa hiệu quả kinh doanh

Mục đích?
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4

Các loại hàng tồn kho:

Nguyên liệu
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Sản phẩm trong quá trình sản xuất

Thành phẩm

Bảo dưỡng, sửa chữa và vận hành


(MRO - Maintenance, Repair &
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Operating)
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Phân loại hàng tồn kho

Cycle stock (base stock)


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Safety stock (buffer stock)

Pipeline stock (in-transit stock)

Speculative stock
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Psychic stock
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CHECK YOUR KNOWLEDGE!

1. ____ refers to stocks of goods and materials that are maintained


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for many purposes, the most common being to satisfy normal


demand patterns.

A. logistics
B. supply chain management
C. inventory
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D.production
7

CHECK YOUR KNOWLEDGE!


2. ____ stock refers to inventory that is needed to
satisfy normal demand during the course of an order
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cycle.

A.base
B.speculative
C.pipeline
D.safety
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8

CHECK YOUR KNOWLEDGE!


3. ____ stock refers to inventory that is held in addition
to cycle stock to guard against uncertainty in demand
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and/or lead time.

A.base
B.pipeline
C.speculative
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D.buffer
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CHECK YOUR KNOWLEDGE!


4___ stock refers to inventory that is en route between
various nodes in a logistics system.
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A.base
B.safety
C.speculative
D.cycle
E.none of the above
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CHECK YOUR KNOWLEDGE!


5. ____ stock refers to inventory that is held for several reasons,
including seasonal demand, projected price increases, and
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potential shortages of product.


A.base
B.safety
C.pipeline
D.speculative
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11
Quản lý hàng tồn kho
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Timing Quantity

1.Inventory costs
2.Inventory planning
3.Uncertainty management
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Inventory management

Inventory costs
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Timing Quantity 1. Ordering costs (chi phí đặt


hàng)
2. Carrying costs (or Holding costs)-
chi phí giữ hàng
3. Carrying costs vs stock-out costs
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13

Carrying cost or Holding cost


 Cost of holding an item in inventory for a period of time
 Approximate percentage of the value of an item: 25% – 26%.
Carrying cost
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→ Vary from product to product


components

Obsolescence Inventory Storage Handling Insurance Interest


Taxes
costs shrinkage costs costs costs costs

Opportunity cost
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Specialized storage Costs for keeping


requirements result in “products” alive
higher costs
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Trade-off between Carrying and Ordering costs
Ordering cost for a year CO = no. of orders
per year × ordering cost per order
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= sum of expenses related to


servicing an order
Costs

Carrying cost for 1 order Ch= average


inventory × carrying costs per unit

average inventory = ½ order size


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Order quantity
Note: Assume that as many orders as inventories
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Trade-off between Carrying and
Ordering costs
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Ordering cost and Carrying cost


Suppose weekly demand is 100 units, order cost per order is £80,
the value of an item is £50 and carrying cost is 20% of the value of
an item.
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a)If we place one order per year for the product, how much will
the ordering cost and carrying cost be?
b)If we place one order per week, how much will those costs be?

Co for a year = number of orders per year × Co per order

Ch for 1 order = Average inventory × Ch per unit


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a) Ordering cost = £80 b) Ordering cost = £4160


Carrying cost = £26000 Carrying cost = £500
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Trade-off between
Carrying costs and Stockout costs
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Carrying Stockout
costs costs
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Inventory planning

When to order
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Re-order point
Timing Quantity How much to order
ABC analysis
Inventory flexibility
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When to order?
Fixed order quantity system Fixed time period system
(Continuous system) (Fixed order interval/ Periodic system)
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 Orders placed with a constant size in  Orders placed for variable amount at
different time period specific time intervals

+ Inventory level continuously monitored. + Proactive occasion.


– Costly. – Less direct control.
Reorder point – ROP ROP = (DD x RC) + SS
The level of inventory at which
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a replenishment is placed DD: average daily demand (units)


RC: length of the replenishment cycle (days)
SS: safety stock
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ROP = (DD x RC) + SS
ROP – Reorder point DD: average daily demand
RC: length of the replenishment cycle (days)
SS: safety stock
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Demand for chicken soup at a supermarket is always 900


packs a month. The shelves are restocked with chicken
soup after 4 days calculating from the moment an order
is sent. The manager always leaves an on-hand inventory
of at least 10 packs.
What is the reorder point?
What is the meaning of the result?
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Note: Assuming a month has 30 days


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How much to order?
Economic Order Quantity EOQ
Annual costs

EOQ model determines:


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 The point at which the sum of


carrying cost and ordering
cost are minimized
TC
 The point at which carrying
cost equal ordering cost
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Q* Order quantity
= EOQ
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Basic EOQ assumptions


1. A continuous, constant, and known rate of demand
2. A constant and known replenishment or lead time
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3. A constant purchase price that is independent of the


order quantity
4. All demand is satisfied
5. No inventory in transit
6. Only one item in inventory or no interaction between
inventory items
7. An infinite planning horizon
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8. Unlimited capital availability


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EOQ cost model
If Q units are ordered:
TC (Q ) = annual ordering cost + annual holding cost + annual
purchasing cost
Annual ordering cost = ordering cost per order × orders per year = Co × D/Q
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Annual holding cost = holding cost per unit × average inventory = Ch × Q/2

Annual purchasing cost = P × D


 D: the number of units demanded per year
𝑪𝟎 𝑫 𝑪𝒉 𝑸  Q: the quantity ordered each time the
⇒ 𝑻𝑪 = + + 𝑷𝑫
𝑸 𝟐 inventory level = 0

Then: 𝐶0 𝐷 𝐶ℎ 𝑄 2𝐶0 𝐷  Co: cost of placing 1 order


2
= ⇒ 𝑄 =
𝑄 2 𝐶ℎ  Ch: annual holding cost/unit
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 P: purchase cost/unit
𝟐𝑪𝟎 𝑫
⇒ 𝑬𝑶𝑸 = 𝑸∗ = Problem is to find Q* that minimizes the annual
𝑪𝒉
inventory total cost.
24 EOQ model - Practice
A building materials supplier obtains its bagged cement from a single supplier. Demand is
reasonably constant throughout the year and last year the company sold 2000 tons of this
product. It estimates the costs of placing an order at around £25 each time an order is placed
and the annual cost of holding inventory is 20% of the purchase cost. The company purchases
the cement at £60 per ton.
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a) How much should the company order at a time?


b) How many orders should be placed each year?
c) How much time will elapse between the placements of orders (what is the cycle length)?

➢ D: the number of units demanded 𝑪𝟎 𝑫 𝑪𝒉 𝑸


per year. 𝟐𝑪𝟎 𝑫 ⇒ 𝑻𝑪 = + + 𝑷𝑫
⇒ 𝑸∗ = 𝑸 𝟐
➢ Q: the quantity ordered each time 𝑪𝒉
the inventory level = 0.
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➢ Co: cost of placing 1 order. No. of orders per year = D/Q*


➢ Ch: annual holding cost/unit. Time between orders (Cycle) = Q*/D

➢ Pu: purchase cost/unit


Concepts and Tools of Inventory Management
(Continued)

ABC Inventory Control System


Determines which inventories should be counted & managed
more closely than others

▪ Groups inventory as A, B, & C Items


 A items are given the highest priority with larger safety stocks. A items
account for approximately 20% of the total items & about 80% of the total
inventory cost
 B items account for the other about 40% of total items & 15% of total
inventory cost.
 C items have the lowest value and hence lowest priority. They account
for the remaining 40% of total items & 5% of total inventory cost.
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ABC analysis? Why and how?
 The ABC analysis states that a
company should rate items from
A to C, based on:
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• Sales volume in money (high to low


Standards of evaluation

value
• Sales volume in units (high to low
quantity)
• Fastest-selling items (high to low
speed of selling)
• Item profitability (bring most to
least revenue)
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• Item importance (high to low


protective level)
• Fragileness level
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ABC analysis Flowers
50 $0.50
Sally who owns a grocery store is fairly profitable, but would like
to focus on the items that create more revenue.
Apples
Squashes
150
30
$0.10
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$0.25
Toothbrushes
100 $4.00

Magazines
200
$1.00
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Balloons
Stools
Paper towels 400
100
$15.00 200 $1.50 $1.00
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Stock out (or Shortage cost)


Customer agrees to wait for the item
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Customer chooses other products with the


same objectives
Possible
consequences The customer places an order for the item
that is out of stock and asks to have
the item delivered when it arrives.
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Customer cancels the order, buy products


from a competitor and maybe is no longer a
customer
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Trade-off between
Stockout and service level
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service
Stockout
level
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“ The more inventory a
company has, the less likely
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they will have what they need


30
Taiichi Ohno

Thank you for your effort.
MSc. Le Thi Thanh Ngan

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