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Time series and ABC Curve - Business Strategies in the context of the Covid-19 Pandemic

The Covid-19 pandemic caused changes in the behavior of demand in some economic sectors, both in terms of the type of product and the quantity to be delivered. The causes associated with the need to keep stocks of any kind and in any company are random fluctuations in demands and waiting times, both variables have changed due to the pandemic. The general objective of this work is to analyze the current stock management system so that you can apply stock control tools and evaluate the possibility of forecasting demand in the main products of a supermarket. It is justified as the relevance of the present study, the management of inventories as competitive strategies for companies to be able to mitigate the impact of the economic crisis arising from the pandemic. This is a descriptive research based on the analysis of the inventory management of a supermarket in the city of Montes Claros-MG, in the period of 2020. A time series analysis was carried out and the ABC curve was elaborated. To improve the situation of the company's stock control, it was proposed to use management for stock control, secondly, to use software, correcting replenishment policies as competitive strategies during the Covid-19 health crisis.

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Time series and ABC Curve - Business Strategies in the context of the Covid-19 Pandemic

  • DOI: 10.22533/at.ed.2163192315089

  • Palavras-chave: Covid-19 pandemic. Supermarket. Inventory Management.

  • Keywords: Covid-19 pandemic. Supermarket. Inventory Management.

  • Abstract:

    The Covid-19 pandemic caused changes in the behavior of demand in some economic sectors, both in terms of the type of product and the quantity to be delivered. The causes associated with the need to keep stocks of any kind and in any company are random fluctuations in demands and waiting times, both variables have changed due to the pandemic. The general objective of this work is to analyze the current stock management system so that you can apply stock control tools and evaluate the possibility of forecasting demand in the main products of a supermarket. It is justified as the relevance of the present study, the management of inventories as competitive strategies for companies to be able to mitigate the impact of the economic crisis arising from the pandemic. This is a descriptive research based on the analysis of the inventory management of a supermarket in the city of Montes Claros-MG, in the period of 2020. A time series analysis was carried out and the ABC curve was elaborated. To improve the situation of the company's stock control, it was proposed to use management for stock control, secondly, to use software, correcting replenishment policies as competitive strategies during the Covid-19 health crisis.

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