Inventory management augments business operations by effective flow of goods and services. It adds to profitability, competitive ability, service optimization, market diversification, etc. This article investigates the role of inventory management in fostering small firms’ growth. The...

Bei dem ifo Konjunkturtest Verarbeitendes Gewerbe werden auch Aspekte der Lagerhaltung und des Auftragsbestands abgefragt. Der Artikel wirft einen Blick auf diese Variablen und den Zusammenhang zwischen diesen. Es zeigt sich, dass auf oberster aggregierter Ebene das Fertigwarenlager und der...

<em>Managing Supply Chain and Logistics: Competitive Strategy for a Sustainable Future</em> explores practical ways of investing in a sustainable future through real-world cases which demonstrate various supply chain management strategies and tactics. By applying viable value creation strategies,...

The basic financial purpose of a firm is to maximize its value. An inventory management system should also contribute to realization of this basic aim. Many current asset management models currently found in financial management literature were constructed with the assumption of book profit...

Banks are important institutions that finance economies by collecting deposits and lending those deposits as creditors. Today, most of the businesses that need funding sources primarily apply to the banks for receiving loan. Loans provided by banks are classified according to the nature of the...

In this paper, we examine two information-based supply-chain efforts that are often linked to Vendor-Managed Inventory (VMI) programs. Specifically, we consider a supplier serving multiple retailers located in a close proximity. The first effort uses information on the retailers' inventory...

We analyze the problem of determining inventory and pricing decisions in a two-period retail setting when an opportunity to refine information about uncertain demand is available. The model extends the newsvendor problem with pricing by allowing for multiple suppliers, the pooling of procurement...

Retailers must constantly strive for excellence in operations; extremely narrow profit margins leave little room for waste and inefficiency. This article reports a retailer's challenge to balance transportation, shelf space, and inventory costs. A retailer sells multiple products with stochastic...

Croston's method and its modifications are the most commonly used methods in sporadic demand of product stock management systems. This method eliminates the drawbacks of classical exponential smoothing and secures sufficient stock levels during order lead time period. The disadvantage of...

Management decisions regarding the resource allocation in the automotive aftermarket in-volves a good understanding of it. This includes a better understanding of the participants in this market, the supply chains, specificities products and demand for these products. A useful instrument to...