On Supply Chain Inventory Management Strategy for Seasonal Products
Shao Zu-feng
Abstract
Shao Zu-feng
Abstract
Inventory management represents an important trend of the research on seasonal products.The classical newsvendor model perfectly reflects its decision making environment and has offered some basic research conclusions.But there is only one decision-maker in the classical newsvendor model.The paper introduces the operating mechanism of the supply chain of seasonal products and the theory of supply chain management.The major inventory management strategies are put forward and explained how the theories concerned are applied into super market.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Inventory management represents an important trend of the research on seasonal products.The classical newsvendor model perfectly reflects its decision making environment and has offered some basic research conclusions.But there is only one decision-maker in the classical newsvendor model.The paper introduces the operating mechanism of the supply chain of seasonal products and the theory of supply chain management.The major inventory management strategies are put forward and explained how the theories concerned are applied into super market.
Key concepts: Newsvendor model, Inventory management, Supply chain, Supply chain management, Decision maker, Inventory theory, Business, Industrial organization