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Supply Chain Inventory Management

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Abstract

The effective management of supply channel inventories is perhaps the most fundamental objective of supply chain management (SCM). Up to this point, the focus of SCM has concentrated on how channel strategies, partnerships, network designs, and operations management plans can provide today’s enterprise with the ability to leverage channel network resources to activate business processes and core competencies that merge infrastructure, share risk and cost, reduce design time to market, and exploit technology tools to anticipate and create new vistas for competitive leadership. Although these strategic topics have dominated the discussion, it must be remembered that SCM has an equally important operations side at the core of which resides the management of supply channel inventories.

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Notes

  1. Robert V. Delaney, Seventh Annual State of Logistics Report. St. Louis, MO: Cass Information Systems, 1996, Figure 15, Supporting Data I.

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  2. Helen L. Richardson, “Speed Replaces Inventory,” Transportation 0000 Distribution, 37, (4) (November 1996), 71.

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  3. This section has been adapted from David F. Ross, Distribution: Planning and Control. New York: Chapman 0000 Hall, 1996, pp. 216–219.

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  4. This example is drawn from Richard J. Schonberger, World Class Manufacturing: The Next Decade. New York: The Free Press, 1996, pp. 167–168.

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  5. Justin Martin, “Are You as Good as You Think You Are?” Fortune, 134 (6), (1996), 142–152.

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  6. See the discussion in Andre Martin, Infopartnering. Essex Junction, VT: omeno, 1994, pp. xv-xxiv.

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  9. Andre Martin, DRP: Distribution Requirements Planning, 2nd ed. Essex Junction, VT: Oliver Wight Limited Publications, Ltd., 1990, pp. 103–104.

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  10. See the discussion in Christopher Gopal and Harold Cypress, Integrated Distribution Management. Homewood, IL: Business One Irwin, 1993, pp. 109–113.

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  11. Martin, Infopartnering,p. 31.

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  12. Sarah H. Bergin, “Recognizing Excellence in Logistics Strategies,” Transportation & Distribution, 37 (10) (October 1996), 56.

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  13. See the discussion in Gopal and Cypress, pp. 124–125.

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  14. Leslie Hansen Harps, “Case Corp. Constructs Logistics Model of the Future,” Inbound Logistics, 16 (10) (October 1996), 25–32.

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  16. See the story in Martin, Infopartnering,pp. 56–65.

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  17. For a detailed analysis of the literature see Lisa M. Ellram and Thomas E. Hendrick, “Partnering Characteristics: A Dyadic Perspective,” Journal of Business Logistics, 16 (1) (1995), 41–43.

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  18. Ibid,pp. 41–64.

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  19. This first-hand overview of Quaker’s supplier management practices can be found in Rhonda R. Lummus, Supply Chain Management: Balancing the Supply Chain with Customer Demand. Falls Church, VA: APICS Educational 0000 Research Foundation, Inc., 1997, p. 21.

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© 1998 Springer Science+Business Media New York

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Ross, D.F. (1998). Supply Chain Inventory Management. In: Competing Through Supply Chain Management. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-4816-1_6

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  • DOI: https://doi.org/10.1007/978-1-4757-4816-1_6

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4419-4727-7

  • Online ISBN: 978-1-4757-4816-1

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