RESEARCH BRIEF: Inventory management in supply chain

Li Liang, Doctoral student. Email lli91@vt.edu Inventory management is an indispensable part in the supply chain management, since it covers the aspect of logistics, operations, marketing, finance, and information systems (Sprague, Sardy, 2009). For example, in the aspect of finances, the inventory management may associate with item, carry, ordering, stock out, and capacity associated costs ( … Continue reading RESEARCH BRIEF: Inventory management in supply chain