Research Output

Determining inventory service support levels in multi-national companies.

  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.

  • Type:

    Article

  • Date:

    30 November 2007

  • Publication Status:

    Published

  • Publisher

    Elsevier

  • DOI:

    10.1016/j.ijpe.2008.05.020

  • ISSN:

    0925-5273

  • Library of Congress:

    HD28 Management. Industrial Management

  • Dewey Decimal Classification:

    658 General management

  • Funders:

    Aston Business School

Citation

Taylor, G. D., Love, D. M., Weaver, M. W. & Stone, J. (2007). Determining inventory service support levels in multi-national companies. International Journal of Production Economics. 116, 1-11. doi:10.1016/j.ijpe.2008.05.020. ISSN 0925-5273

Authors

Keywords

Service level; Product sourcing; Global manufacturing;

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