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Management of inventory under market fluctuations the case of a Canadian high tech company

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  • Plaza, Malgorzata
  • David, Iulian
  • Shirazi, Farid

Abstract

The study develops a hybrid inventory management model, which can be used to synchronize the supply of critical purchased components with the output rate of the end product manufactured to the level production strategy. The model combines the demand driven delivery of a “pull” strategy with forecasting techniques used by “push” systems. It consists of a “Pull Signal” (PS) and two cost effectiveness formulas (CEFs).

Suggested Citation

  • Plaza, Malgorzata & David, Iulian & Shirazi, Farid, 2018. "Management of inventory under market fluctuations the case of a Canadian high tech company," International Journal of Production Economics, Elsevier, vol. 205(C), pages 215-227.
    • Handle: RePEc:eee:proeco:v:205:y:2018:i:c:p:215-227
    DOI: 10.1016/j.ijpe.2018.09.007
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    References listed on IDEAS

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    Cited by:

    1. Hao, Jun & Li, Jianping & Wu, Dengsheng & Sun, Xiaolei, 2020. "Portfolio optimisation of material purchase considering supply risk – A multi-objective programming model," International Journal of Production Economics, Elsevier, vol. 230(C).
    2. Singh, Ashutosh & Bag, Surajit & Choi, Tsan-Ming & Munjal, Surender, 2024. "Managing risk concerns with ordered backlogs in the semiconductor industry: An empirical study," International Journal of Production Economics, Elsevier, vol. 275(C).

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