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| Author: | Looman, A. Ruffini, F.A.J. Boer, L. de |
| Title: | Designing ordering and inventory management methodologies for purchased parts |
| Journal: | Journal of supply chain management
2002 : SPRING, VOL. 38:2, p. 22-29 |
| Index terms: | INVENTORY CONTROL MANUFACTURING INDUSTRY SUPPLY |
| Freeterms: | ORDERING |
| Language: | eng |
| Abstract: | This article presents a method for redesigning the ordering and inventory management methodologies for purchased parts in manufacturing firm. The method takes the perspective of the purchasing and logistics manager, defines clusters of purchased items, and subsequently assigns each cluster to a suitable way of ordering and inventory management. An application of the method, resulting in an 11 percent overall supply costs reduction proposal, is presented. |
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