Inventory management-The big picture

Inventory management-The big picture

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Article ID: iaor19931681
Country: United States
Volume: 32
Start Page Number: 29
End Page Number: 31
Publication Date: Nov 1991
Journal: Production and Inventory Management Journal
Authors:
Keywords: production: JIT
Abstract:

As firms implement JIT, they have to reckon with the fact that the nature and level of inventories and the associated costs are determined by a whole host of operations-related factors. This article highlights these issues by providing a broader interpretation of the familiar river-flow anology. It also discusses the use of a cause-effect diagram to help understand the various factors and their interrelationships.

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