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Research Article

Year : 2017 | Volume: 1 | Issue: 3 | Pages: 18-21

Purchase and Price Optimization of Vertical Mobile AC

R Naveen Kumar1*, P Abhinay, L Kiran Kumar, K Yadaiah, K Sai Prasanna, K Rakesh2

doi:10.24951/sreyasijst.org/2017031003

Corresponding author

R Naveen Kumar*

Department of Mechanical Engineering, Sreyas Institute of Engineering and Technology, Hyderabad, 500068, India.

  • 1. Department of Mechanical Engineering, Sreyas Institute of Engineering and Technology, Hyderabad, 500068, India.

Received on: 1/6/2019

Revised on: 1/6/2019

Accepted on: 1/6/2019

Published on: 1/6/2019

  • Purchase and Price Optimization of Vertical Mobile AC, R Naveen Kumar, P Abhinay, L Kiran Kumar, K Yadaiah, K Sai Prasanna, K Rakesh., 1/6/2019, Sreyas Journals, 1(3), 18-21, http://dx.doi.org/10.18831/sreyasijst/12017031003.

    Published on: 1/6/2019

Abstract

Heat has always been a problem in countries like India, Pakistan and Sri Lanka. As these countries are located near the equator, the sun‟s light falls directly on them thereby keeping their temperature high. And India being a country having a tropical climate experiences immense heat with little difference in temperatures between summer and winter due to its proximity to the equator. It is hot and humid all year round, with an average temperature of 27°C. A proper air conditioner would be a good appliance to have during these times. When doing work or event, the place could become massy and uncomfortable for technicians or engineers. This work finds itself worthy in recognizing the functionalities of the purchasing department. ABC analysis was employed in reducing the cost of the portable vertical AC. The paper includes a short description about procurement, supply chain management, just-in-time, bills of materials and vendor rating. In manufacturing air-conditioning system, by doing these, we can find the best possible supplier of individual components at minimum cost so that we can reduce the final cost of the assembly.

Keywords

Air conditioner, Price optimization, Supply chain management, ABC analysis, Bills of materials, Vendor rating.