Product-service system inventory control for Malaysian Palm Oil Industry: A case study utilizing IDEF0 modelling
Over the last several years, the palm oil industry has grown rapidly in Malaysia as it is among the main contributors to the country's economic devel-opment. The government strongly emphasises palm oil productivity in Malaysia in terms of quality and safety. The current inventory context offers...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer Singapore
2019
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/27821/1/full%20paper%20imec%20final-fakthurahman.pdf http://umpir.ump.edu.my/id/eprint/27821/ https://www.springerprofessional.de https://link.springer.com/chapter/10.1007%2F978-981-15-0950-6_24 |
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| Summary: | Over the last several years, the palm oil industry has grown rapidly in Malaysia as it is among the main contributors to the country's economic devel-opment. The government strongly emphasises palm oil productivity in Malaysia in terms of quality and safety. The current inventory context offers a more exten-sive set of uncertainties that the company needs to manage due to the enhanced scope and complexity of the product and service offering. The current method of determining inventory takes an annual physical inventory by comparing the ac-tual inventory with record levels. This method is a costly and time-consuming effort. This paper investigates Product-Service System (PSS) Inventory Control for different types of the section in the palm oil industry. In this work, an inte-grated and systematic methodology is presented for the assessment of inventory control. The methodology is represented as an IDEF0 activity model that rigor-ously defines the interconnections of information and activities with incorporat-ing product and service elements. This research will lead to the discovery of how PSS inventory control can integrate some of the elements involved in inventory control and consequently give a positive impact on all palm oil industry players |
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