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About Role of Inventory Management in Supply Chains
This document discusses the importance of effective inventory management in supply chain environments. It proposes a framework for inventory management in supply chains that involves analyzing the existing supply chain, classifying suppliers and products, evaluating current inventory costs, modifying or restructuring the existing chain based on those evaluations, evaluating the new inventory costs, and integrating continuous improvement practices if costs are reduced. The framework is intended to help optimize inventory levels across a supply chain to reduce costs while still meeting customer demand.
Detailed Information
| Author: | ['kalyanzamindar'] |
|---|---|
| Publication Year: | 2014 |
| Pages: | 10 |
| Language: | English |
| Format: | |
| Price: | FREE |
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