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Introduction

  • Sven AxsäterEmail author
Chapter
  • 4.3k Downloads
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 225)

Abstract

For more or less all organizations in any sector of the economy, Supply Chain Management, i.e., the control of the material flow from suppliers of raw material to final customers is a crucial problem. Today the strategic importance of this area is fully recognized by top management. The total investment in inventories is enormous, and the control of capital tied up in raw material, work-in-progress, and finished goods offers a very important potential for improvement. Scientific methods for inventory control can give a significant competitive advantage. This book deals with a wide range of different inventory models that can be used when developing inventory control systems.

Keywords

Supply Chain Management Inventory Model Setup Cost Inventory Control Safety Stock 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer International Publishing Switzerland 2015

Authors and Affiliations

  1. 1.Department of Industrial Management & LogisticsLund UniversityLundSweden

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