February 2014
Intermediate to advanced
1873 pages
56h 12m
English
book
Definitive Guides for Supply Chain Management Professionals (Collection)
by Robert Frankel, Scott B. Keller, Brian C. Keller, Gibson Brian J., Joe B. Hanna, C. Clifford Defee, Haozhe Chen, Tate Wendy, Nada Sanders
Content preview from Definitive Guides for Supply Chain Management Professionals (Collection)
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11. The Importance of Managing Inventory
Introduction
This chapter discusses the potential roles that inventory plays for suppliers, buyers, manufacturers, sellers, and carriers. Specific attention is placed on warehousing’s capability to help these supply chain members by managing inventory through the warehouse. Inventory cost factors are outlined, and the implications of good compared to poor management of inventory are explored. This chapter discusses common expectations of the warehouse and the processes employed that influence inventory availability and cost.
The Importance of Managing Inventory
Partnerships in the supply chain are of great importance for competing in today’s business environments. Warehouses are positioned strategically ...
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