Raw material inventory management in cattle feed

1. Raw material inventory management in cattle feed 21

2. The firm faces the large problem within supply and demand. There is a large shortage of supply. It could easily understand from the month-wise report of current years demand and supply. To understand the raw material inventory management in a cattle feed plant. To identify the causes behind the inaccuracy in managing inventory. Forecasting demand and determining EOQ and Reorder point calculation for the current year to reduce inaccuracy. The cattle feed suppliers with an installed capacity of 300 MT production daily faces large problem in effective utilization of the available capacity resulting deficit of supply. Due to a shortage of supply, the firm produces the products outside the plant, causing the massive cost of additional expenses. The average daily production attained is only 200 to 250 MT per day. Methods The government policy of subsidized price of products and compulsoriness meets the demand of farmers at any cost. Shortage of best cattle feed in India affects the products' future market, the considerable difficulty of customer retention. The firm faces the large problem within supply and demand. There is a large supply shortage. It could be easily understood from the month wise report of current years demand and supply. Demand management is the supply chain management process that balances the customer requirements with the supply chain's capabilities. The importance of determining the appropriate level of raw material inventory helps for proper planning and control of factory operations and optimizes the overall process in this thesis. Causes of inaccuracy were related to not using adequate forecasting technique, no classification of raw materials based on its consumption, etc. A new forecasting methodology was designed to determine the optimum stock of raw materials to be maintained in the firm about the problems defined. Results and Discussion

3. One-third of energy and water consumption was from the animal feed manufacturers itself. The rest were from feed production and upstream raw material production. Land use in the system was mainly from maize and paddy field. Feed conversion ratio improvement should play an essential role in resource efficiency and reduce environmental impact in the whole supply chain. Energy intensity reduction, the best option in overall energy reduction, is the government's policy pushing to be implemented in all sectors. It can also easily be applied along with the other options. Therefore, it should be used to the different opportunities for improvement. Conclusion The monetary flow and physical material flow results can visually show the Thai livestock production supply chain's holistic view and allow the stakeholders to understand the supply chain system's economic structure of cattle feed manufacturers in Delhi, NCR. This can enable the decision-makers to analyze the interrelation effect and impact of changing one sector demand or changing resource efficiency to impact other sectors in the system.