Inventory Optimization Staretegies

  • Unique Paper ID: 196783
  • Volume: 12
  • Issue: 11
  • PageNo: 3429-3431
  • Abstract:
  • Modern manufacturing, especially in the textile and chemical industries in India, needs strong cost control to stay competitive in the global market. Inventory is often one of the biggest costs that a company can control. This study looks at how inventory is managed at Dodhia Industries Ltd., which is a well-known company in the textile and yarn sector. The main goal of the study is to find problems in stock management that cause either too much storage cost or shortages of materials. The research uses both primary data (collected from procurement and warehouse managers) and secondary data (such as financial records). The results show that using simple tools like the Economic Order Quantity (EOQ) method and ABC-VED analysis can help reduce storage costs and improve availability of materials. In the end, the study suggests a plan that includes real-time tracking and better data analysis to manage inventory more efficiently and improve the company’s working capital.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{196783,
        author = {Choudhary bipul sarojkumar and Chandan Kumar gupta and Harshita gaikwad},
        title = {Inventory Optimization Staretegies},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {11},
        pages = {3429-3431},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=196783},
        abstract = {Modern manufacturing, especially in the textile and chemical industries in India, needs strong cost control to stay competitive in the global market. Inventory is often one of the biggest costs that a company can control. This study looks at how inventory is managed at Dodhia Industries Ltd., which is a well-known company in the textile and yarn sector. The main goal of the study is to find problems in stock management that cause either too much storage cost or shortages of materials.
The research uses both primary data (collected from procurement and warehouse managers) and secondary data (such as financial records). The results show that using simple tools like the Economic Order Quantity (EOQ) method and ABC-VED analysis can help reduce storage costs and improve availability of materials. In the end, the study suggests a plan that includes real-time tracking and better data analysis to manage inventory more efficiently and improve the company’s working capital.},
        keywords = {Inventory Optimization, Dodhia Industries Ltd., Supply Chain Management, EOQ, ABC Analysis, Textile Industry, Working Capital, Logistics.},
        month = {April},
        }

Cite This Article

sarojkumar, C. B., & gupta, C. K., & gaikwad, H. (2026). Inventory Optimization Staretegies. International Journal of Innovative Research in Technology (IJIRT), 12(11), 3429–3431.

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