This work presents a comprehensive model of supply chain management. Experienced executives from 20 companies clearly define supply chain management, identifying those factors that contribute to its effective implementation. They provide practical guidelines on how companies can manage supply chains, addressing the role of all the traditional business functions in supply chain management and suggest how the adoption of a supply chain management approach can affect business strategy and corporate performance.

Inventory Management

Inventory management

Effective inventory management is a critical concern for firms in all industries and plays a major role in determining a firm's success. Consider, for example, the trade-offs experienced by a fashion goods retailer who is considering how many ski parkas to buy going into the winter sales season. On the one hand, a ...

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