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A Case Study of Supply Chain Management in a Manufacturing Company in China
- Source :
- Nang Yan Business Journal, Vol 6, Iss 1, Pp 1-20 (2018)
- Publication Year :
- 2018
- Publisher :
- Sciendo, 2018.
-
Abstract
- How to manage inventory is becoming an increasingly crucial issue for most manufacturing companies. R&D, the pseudonymous case study considered here, is a foreign direct investment (FDI) company engaged in producing electronic components. As the prices of raw materials and operation costs increased, R&D was challenged to maintain a smooth relationship among several factors: level of inventory, customer satisfaction and production efficiency. This paper first discusses the key factors that affect R&D’s inventory level. It then combines recent supply chain management theories and quantitative data into a framework for identifying how R&D might determine optimal ordering policies and strategies to reduce overall costs, while at the same time satisfying customers in terms of service.
- Subjects :
- 021103 operations research
Supply chain management
HF5001-6182
business.industry
inventory management
0211 other engineering and technologies
02 engineering and technology
Foreign direct investment
Production efficiency
vmi
o14
case study
Safety stock
Terms of service
020204 information systems
Manufacturing
0202 electrical engineering, electronic engineering, information engineering
Customer satisfaction
Business
l84
safety stock
China
Industrial organization
Subjects
Details
- Language :
- English
- ISSN :
- 23074450
- Volume :
- 6
- Issue :
- 1
- Database :
- OpenAIRE
- Journal :
- Nang Yan Business Journal
- Accession number :
- edsair.doi.dedup.....58d041eabf227bb52cb88382393735b4