Introduction

  • Sven Axsäter
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 26)

Abstract

For more or less all organizations in any sector of the economy, Supply Chain Management, i.e., the control of the material flow from suppliers to customers, is a crucial problem. The strategic importance of this area is today fully recognized by top management. The total investment in inventories is enormous, and the control of capital tied up in raw material, work-in-progress, and finished goods provides, in general, a very important potential for improvement. Scientific methods for inventory control can give a significant competitive advantage. This book deals with different inventory models that can be used when developing inventory control.

Keywords

Inventory System Forecast Error Inventory Model Inventory Management Inventory Control 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • Sven Axsäter

There are no affiliations available

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