O'Reilly logo

Supply Chain Management 2/e: Text and Cases, 2nd Edition by Janat Shah

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

4

Inventory Management

Learning Objectives

After reading this chapter, you will be able to answer the following questions:

  • Why do firms carry inventory? What are the various types of inventory carried by an organization?
  • What are the components of cost that are affected by inventory decisions?
  • How can a firm reduce inventory in the organization?
  • How do firms determine the optimum level of cycle stock in chain?
  • How do firms decide on the required level of safety stock in chain?

It is not easy to deal with customer dissatisfaction, especially if the customer in question is a 4-year-old boy. Picture this: A petulant toddler demanding the Spider-Man costume for an upcoming party. If he cannot be transformed into Spider-Man, he cannot attend ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required