Place of publication not identified: MCGRAW-HILL EDUCATION. DESIGNING AND MANAGING THE SUPPLY CHAIN: Concepts, strategies and case studies.

Computers & Operations Research,32(1), 1-14. Inventory lot-sizing with supplier selection. A multi-objective approach to simultaneous strategic and operational planning in supply chain design. An Acquisition Policy for a Single Item Multi-Supplier System. Configuring a manufacturing firms supply network with multiple suppliers. INFOR: Information Systems and Operational Research, 46(2), 129-135. Combining Acquisition Planning with Inventory Management under Uncertain Demand. This paper also provides a recommendation to the company and for further research. The study also proved that how we can reduce the finished good inventory level and reduce the vehicle in- vehicle out time along with the introduction of safety stock. The research found that company Y had a few inventory problems such as unorganized finish good inventory arrangement, high vehicle in-vehicle out time and no provision for safety stock. This paper presents a study and analysis for the steel bar manufacturing industry (Small Scale Industry) on finished good inventory and logistics management. Therefore, the task of inventory management is to find the quantities of inventories that will satisfy customer demand and help in avoiding overstocks. These inventories have holding costs and frozen fund that can be lost. Companies need to have inventories in warehouses in order to satisfy customer’s demand. Inventory management is a difficult problem area in supply chain management. Study And Analysis Of Finished Good Inventory & Logistic Managementĭemand forecasting methods, Inventory management, Safety stock, Queue length.

Square root law of inventory management