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Determining inventory service support levels in multi-national companies.

Taylor, G Don, Love, Doug M, Weaver, Miles W and Stone, James (2008) Determining inventory service support levels in multi-national companies. International Journal of Production Economics, 116 (1). pp. 1-11. ISSN 0925-5273

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    Abstract/Description

    Multi-national manufacturing companies are often faced with very difficult decisions regarding where and how to cost effectively manufacture products in a global setting. Clearly, theymust utilize efficient and responsive manufacturing strategies to reach low cost solutions, but they must also consider the impact of manufacturing and transportation solutions upon their ability to support sales. One important sales consideration is determining how much work in process, in-transit stock, and finished goods to have on hand to support sales at a desired service level. This paper addresses this important consideration through a comprehensive scenario-based simulation approach, including sensitivity analysis on key study parameters. Results indicate that the inventory needs vary considerably for differentmanufacturing and deliverymethods in ways that may not be obvious when using common evaluative tools.

    Item Type: Article
    Print ISSN: 0925-5273
    Uncontrolled Keywords: Service level; Product sourcing; Global manufacturing;
    University Divisions/Research Centres: The Business School > School of Management
    Dewey Decimal Subjects: 600 Technology > 650 Management & public relations > 658 General management
    Library of Congress Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
    Item ID: 5573
    Depositing User: Dr Miles Weaver
    Date Deposited: 31 Jul 2012 15:13
    Last Modified: 14 Feb 2013 14:34
    URI: http://researchrepository.napier.ac.uk/id/eprint/5573

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