Study on Joint Inventory Management in Supply Chain
Yujing Wang, Keming Zhang
Abstract
Open-access reader
Yujing Wang, Keming Zhang
Abstract
Open-access reader
Nowadays, the competition between enterprises has gradually transformed into the competition among supply chains, and the cost of inventory occupies a large proportion in the whole supply chain management.The traditional inventory control method is that enterprises should act as their own means and use their own strategies to manage the inventory and have a single inventory management method.This results in problems such as high overall inventory level of the supply chain.
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Nowadays, the competition between enterprises has gradually transformed into the competition among supply chains, and the cost of inventory occupies a large proportion in the whole supply chain management.The traditional inventory control method is that enterprises should act as their own means and use their own strategies to manage the inventory and have a single inventory management method.This results in problems such as high overall inventory level of the supply chain.
Key concepts: Supply chain, Inventory management, Joint (building), Supply chain management, Computer science, Business, Operations management, Engineering