Restructuring the bill of material for productivity: a strategic evaluation of product configuration

Article Abstract:

One big advantage of a restructured bill of material as against one that is traditionally structured is its flexibility in terms of business planning and other applications. It makes the firm more productive and competitive and reduces inventory management costs because of a significant change in inventory turnarounds. Quality, however, may suffer because of the complexity of the restructuring process. This last observation is, nonetheless, inconclusive.

Inventory Control

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Strategic inventory management of renewable energy resources: aluminum as an energy storage medium and market commodity

Article Abstract:

An innovative system of energy storage and transportation using aluminum is described. The system addresses the energy storage problems of renewable sources. These sources first produce electrolytic aluminum, which is stored and transported. The material can then be burned by using catalysts, and this produces power at the time and place it is needed. The power is produced by using modified combustors in conventional thrmoelectric power stations.

Research, Usage, Alternative energy sources, Renewable energy, Aluminum, Aluminum (Metal), Energy storage

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The inventory investment decision and firm value: a conceptual framework

Article Abstract:

A conceptual framework for assisting middle and upper management make inventory investment decisions is presented. In the approach, the decisions are not made solely on the basis of single parameters and cost minimization models but takes the problem as a group of problems to be solved using multiple tools within a multiparameter context. The approach allows the manager to make optimal decisions regarding inventory investment.

Decision-making, Decision making

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