Browsing by Author "Netsebrak Mitiku"
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Item “Modelling of Production and Inventory Control for Supply Chain Optimization, the case of Unilever manufacturing PLC”(Addis Ababa University, 2024-06) Netsebrak Mitiku; Mathewos Ensermu (PhD)The production process as complicated as it looks on its own with the technology advantages,efficiencies, performance measures, overheads, losses, … etc.etc., there are mu ltiple external factors (some external to the production facility but may be internal to the business unit) that hugelyimpact the competitiveness and sustainability of the overall business. In this paper, the overall discussion , interpretations, findings , conclusions as well as recommendations revolve aroundhow a business can serve and grow its market by optimizing forecasted demand with proper management of inventory targets as well as managing production wastes and cash losses withinthe production pro cess. In other words, “Service”, “Cash” and “Cost” shall be the essential measures of the whole process . Because these three if properly managed and optimized candictate how much of the demand shall be served with the capacity a company has, what level of inventory shall be held to give healthy cash flow as well as what level of wastes is manageable inorder to get a competitive and acceptable production cost, which combined dictate the profitability, competitiveness as well as existence of the company.