Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1014654 | Business Horizons | 2006 | 12 Pages |
Abstract
Practitioners and academics continue to note that there is no shortage of inventory in many, if not most, supply chains. Rather, the historical notion holds true: the right product is not in the right place at the right time to meet demand. In order to impact supply chain performance positively, it is necessary to re-address inventory's role and relevance with respect to the development, maintenance, and control of product flows. This paper suggests that examining such flows from a three-fold perspective can be beneficial to firms by providing a framework to assess efforts to achieve lowest total cost and expected customer service.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Robert Frankel,