Optimization of Inventory Management System

中小企业是提高生产力、实现更具包容性增长和适应当今时代重大变革的关键。数字技术和全球价值链为中小企业创新和发展提供了新的机遇。然而，他们在数字化转型中落后，并受到市场失灵的不成比例的影响。获得某些能力、技术和创新对于激励企业家承担风险和实验至关重要，使中小企业能够成长。Belyea兄弟公司目前的服务集中在复杂的供暖和制冷项目，主要针对多伦多的住宅改造和维护市场。该组织是一家优质的利基服务提供商，专注于高质量组件的安装和安装工艺。现有的实践和库存管理技术限制了服务增强、对业务操作的再投资，并阻碍了增长。通过与亨伯学院的这个拟议的应用研究项目，Belyea兄弟公司旨在优化库存系统，根据获得的新技术改造运营流程，并开发一个全面的绩效衡量系统。

SMEs are key to strengthening productivity, delivering more inclusive growth and adapting to the major transformations of our time. Digital technologies and global value chains offer new opportunities for SMEs to innovate and grow. However, they are lagging behind in the digital transition and are disproportionately affected by market failures. Access to certain competencies, technology, and innovation is essential to incentivize risk-taking and experimentation by entrepreneurs enabling SME growth. Belyea Bros. current services are concentrated on complex heating and cooling projects targeted primarily at the residential retrofit and maintenance market in Toronto. The organization is a premium niche service provider that focuses on the installation of high-quality components and installation workmanship. Existing practices and inventory management techniques limit service enhancements, reinvestment into business operations, and hinder growth. Through this proposed applied research project with Humber College, Belyea Bros. aims to optimize the inventory system, to transform the operational process based on new technology acquired, and develop an encompassing performance measurement system.