Bibliographic Details
| Title: |
Inventory Optimization: Evolving from Fad to Necessity. |
| Authors: |
Willems, Sean1 willems@bu.edu |
| Source: |
Supply Chain Management Review. Mar/Apr2013, Vol. 17 Issue 2, p10-17. 7p. |
| Subjects: |
Industrial efficiency, Advanced planning & optimization, Supply chains, Inventory control, Buffer inventories |
| Abstract: |
The article discusses various factors that should be considered for making inventory optimization as an integral facet of supply chain planning. It mentions that by changing the method of measuring inventory, acknowledging the role of inventory optimization at every level of supply chain planning, and selecting a right initiative for inventory improvement lead to successful inventory optimization. It explains inventory form and function of various stocks including marketing, cycle, and safety. |
| Database: |
Engineering Source |