Inventory carrying costs comprise a number of different cost components and generally represent one of the highest costs in the physical distribution system. This, combined with the fact that inventory levels are influenced by the configuration of the logistics system, demonstrates the need for...

Inventory carrying costs represent one of the highest costs of distribution. Although they are a necessary input to the design of logistical systems, such costs are ignored by many companies and when they are used usually represent estimates or industry benchmarks. The authors present a...

For more than two decades, industrial leaders in many countries, especially the trading nations such as the United States and Canada, have recognised the significant contribution that physical distribution can make toward the total corporate mission. In many companies formal departments have...