Generic organizational choices for logistics in decentralized organizations: implications for inventory management

Article Abstract:

A case study of inventory management in a big decentralized industrial firm highlights the problem of maximizing the advantages brought about by direct supervision from corporate headquarters while attending to the independent logistical needs of the firm. Each decentralized firm has its own set of customers, markets, products and marketing strategies. Synergy and conflict management strategies would play an important part in ensuring that inventory management in such a situation is carried out effectively.

Logistics, Business logistics, Decentralization (Management)

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A note on the convexity of the objective function for a simple common component inventory problem

Article Abstract:

The existence of convex objective function was validated for common component inventory problem's continuous demand distributions. Closed-form expression for the objective function was derived for demand distributions such as exponential and Erlang distributions. On the other hand, failure to derive closed-form expression for the objective function was noted when dealing with demand distributions such as normal distributions.

Analysis, Convex domains

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Import related inventory management in Indian economy

Article Abstract:

Analysis of inventory management of imports in India covering the periods 1986-1987 and 1990-1991 highlights the importance that the scheme plays in the optimization of value added. It is also shown that inventory management is an important element in the success of structural reform in the Indian economy and elsewhere. It is a better policy option than mere deficit reduction.

Management, Economic aspects, India, Imports

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