Relationship Between Effective Supply Chain Management & Inventory Management Towards Productivity Improvement In Industries
Published: 2010
Author(s) Name: Dr.A.G. Matani, Mahendra S. Tripathi
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Abstract
Inventory is any asset held for future use or sale. These assets may be physical goods, used in
operations and includes ram materials, parts, sub assemblies, supplier tools, equipments or maintenance
and spare parts. In some service organizations, inventories are not physical goods which customers take
with them, but provide capacity available for service customers, Inventories can also be intangibles,
e.g., many organizations maintain inventories of intellectual assets and best practice knowledge bases.
This paper discusses impact of efficient and effective SCM towards improved inventory management
in industries towards productivity enhancement.
Key words : Materials Management, Supply Chain Solution Software, Supply Chain Operations
Reference ( SCOR) Model , Responsive Supply Chains
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