Investment in Inventory

  • Horst Albach

Abstract

In recent years inventories have become a focus of attention of management. This was partly due to the exorbitant interest rates on capital tied up in inventories, partly to the fact that the Kanban System seemed to provide Japanese firms with competitive advantages through inventory control. It may be a depressing experience to anyone who has worked in inventory management as an operations researcher that after so many years with stupendous advances in the theory of optimal inventory control (HOCHSTÄDTER, 1971) progress in practical inventory management should come not so much from the operations researcher within the company but rather through the competitive forces of the market place.

Keywords

Depression 

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References

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Copyright information

© Springer-Verlag Berlin Heidelberg 1984

Authors and Affiliations

  • Horst Albach
    • 1
  1. 1.Universität BonnBonnGermany

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