We find that raw materials inventories in the manufacturing sector in the 1970s and 1980s and 1990s were two to five times higher in developing countries than in the United States, despite the fact than in most developing countries real interest rates are at least twice as high. Given the high costs of capital in most developing countries, the impact of those high inventory levels on the cost o...

A systematic approach to the inventory control and classification may have a significant influence on company competitiveness. In practice, all inventories cannot be controlled with equal attention. In order to efficiently control the inventory items and to determine the suitable ordering policies for them, multiple criteria inventory classification is used. In this paper, a systematic and logi...

by Anna-Lena Sachs : Retail Analytics: Integrated Forecasting and Inventory Management for Perishable Products in Retailing (Lecture Notes in Economics and Mathematical Systems) ISBN : #3319133047 | Date : 2014-12-18 Description : PDF-668c6 | This book addresses the challenging task of demand forecasting and inventory management in retailing. It analyzes how information from point-of-sale scann...

The Journal of Transport and Supply Chain Management (JTSCM) seeks to disseminate research results support high level learning, teaching in the areas traffic transportation (operations, policy, planning), customer service, warehousing, inventory management, procurement, packaging, materials handling, reverse logistics, demand forecasting, distribution communications information technology.

The value of delayed differentiation (aka postponement) for a monopolist has been extensively studied in the Operations literature. We analyze the case of (imperfectly) competitive markets with demand uncertainty, wherein the choice of supply chain configuration (early/delayed differentiation) is endogenous to the competing firms. We characterize firms’ choices in equilibrium and analyze the ef...

The management ofinstruments, especially if centralized into one analytical environment, can demand commercial expertise as well as scientific knowledge. Considerable quantities of analytical data have to be acquired, manipulated, compiled and reported, in addition to such separate administrative functions as operational budgets, cost control, staff functions, external communications, materials...

The design of future radioactive ion beam (RIB) facilities requires the forecast of radio isotope inventory after irradiation. At CERN – ISOLDE, we developed a software that estimates the activity of irradiated materials as a function of time dedicated to radioactive waste management. This tool can also be used for licensing procedures, planning of irradiation experiments and the estimation of ...

Traditional inventory models focus on risk neutral decision makers, i.e., characterizing replenishment strategies that maximize expected total profit, or equivalently, minimize expected total cost over a planning horizon. In this paper, we propose a general framework for incorporating risk aversion in multi-period inventory models as well as multi-period models that coordinate inventory and pri...