Manufacturing: Maximizing service, minimizing inventory

Manufacturing: Maximizing service, minimizing inventory

Professor Joseph Thomas of Cornell's Johnson School of Management has developed a new inventory strategy: 1. Stock high-demand products, but give them low production priority. 2. Do not stock products for which demand is unpredictable, but give these nonstock items high production priority.

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Bibliographische Detailangaben
Veröffentlicht in:Harvard business review 1994-03, Vol.72 (2), p.13
1. Verfasser: Perkins, Anne G
Format: Magazinearticle
Sprache:eng
Schlagworte:
Demand analysis
Inventory management
Manufacturing
Strategy
Supply & demand
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Zusammenfassung:Professor Joseph Thomas of Cornell's Johnson School of Management has developed a new inventory strategy: 1. Stock high-demand products, but give them low production priority. 2. Do not stock products for which demand is unpredictable, but give these nonstock items high production priority.
ISSN:0017-8012