Supply Chain Inventory Management
Published 1998 · Business
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.