Inventory management model under unstable demand

The current situation of uncertainty of prospects and instability of the economic and geopolitical environment negatively affects economic and financial relations between economic entities, destabilizes demand, in the system of which inventory management acquires special meaning and significance. Formation of economically and financially effective strategies and models for inventory management that would objectively contribute to minimizing financial and commodity losses still remains a major problem. The aim of the article is to conduct a more in-depth study of the problems in inventory management under conditions of high demand instability and to develop a universal model for organizing an inventory management system that will allow calculating the optimal volume of inventory for the current or planned sales period and to minimize the costs of their formation and maintenance. The article develops and proposes for implementation a model of inventory management, which represents logically linked steps in the formation of information, the analysis of key indicators, on the basis of which the optimal volume of stocks for real demand is calculated either at the current moment or for the next period. The example of the enterprise demonstrates the sequence of analytical procedures on the basis of which the calculation of the optimal volume of stocks is carried out. The calculations proved that the developed model of stock management and calculation of the optimal volume of stocks is quite accessible and applicable in any company in conditions of unstable demand.