FINAL YEAR PROJECT

REVIEW I
Agenda
PROJECT TITLE
 Introduction

While there had been tensions between Russia and

Ukraine, a former Soviet republic, for a long time, the
situation began getting out of control in early 2021. In
January last year, Ukrainian President Volodymyr
Zelenskyy urged US President Joe Biden to let Ukraine
join NATO.
This angered RUSSIA, which started sending
troops near its Ukraine border for "training
exercises" in spring last year and increased it
during autumn.

India has called for a diplomatic way out of

the current crisis between Russia and
Ukraine
HOW THIS AFFECTED SUPPY CHAIN ?

supply chains are once again being tested –

this time by the war in Ukraine. The conflict has
reinforced the imperative for organizations to
build resilience into their supply chains; many are
trying to reduce their dependency on Russia and
East Europe for raw materials.
FIVE KEY IMPACTS ON SUPPLY CHAINS
1) Global commodity prices are increasing
2) Organizations are looking for alternative
sources of supply
3) Stock shortages
4) Production and importation disruption
5) Risk management is no longer optional .
 HOW OR IS IMPLEMENTED HERE?

Operations research (OR) is an analytical method of

problem-solving and decision-making that is useful
in the management of organizations. In operations
research, problems are broken down into basic
components and then solved in defined steps by
mathematical analysis..
 Inventory control, also called stock
control, is the process of ensuring the right
amount of supply is available in an
organization. With the appropriate internal
and production controls, the practice ensures
the company can meet customer demand
and delivers financial elasticity.
TYPES OF INVENTORY
RAW MATERIALS
WORK IN PROCESS
ANTICIPATION INVENTORY
SAFETY INVENTORY
TRANSIT INVENTORY
BUFFER INVENTORY
CYCLE INVENTORY

DECOUPLING INVENTORY

THEORETICAL INVENTORY
Thank You