IDEAS home Printed from https://ideas.repec.org/a/vrs/logitl/v8y2017i2p1-11n1.html
   My bibliography  Save this article

Evaluation of the Role of Inventory Management in Logistics Chain of an Organisation

Author

Listed:
  • Oluwaseyi Joseph Afolabi

    (Bells University of Technology, Department of Management Technology, Ota, Nigeria)

  • Onifade Morakinyo Kehinde

    (Bells University of Technology, Department of Management Technology, Ota, Nigeria)

  • Odeyinka Olumide F.

    (Bells University of Technology, Department of Management Technology, Ota, Nigeria)

Abstract

The operation of inventory management determines the efficiency of storage of products. The progress in techniques and management principles improves the moving load, delivery speed, service quality, operation costs, the usage of facilities and energy saving. Inventory management takes a crucial part in the manipulation of logistics. Reviewing the current condition, a strong system needs a clear frame of logistics and a proper inventory implements and techniques to link the producing procedures. The objective of the paper is to define the role of inventory management in logistics for the reference of further improvement. The research was undertaken to assist logistics managers, researchers and inventory planners to define and comprehend the basic views of logistics and its various applications and the relationships between logistics and inventory.

Suggested Citation

  • Oluwaseyi Joseph Afolabi & Onifade Morakinyo Kehinde & Odeyinka Olumide F., 2017. "Evaluation of the Role of Inventory Management in Logistics Chain of an Organisation," LOGI – Scientific Journal on Transport and Logistics, Sciendo, vol. 8(2), pages 1-11, November.
    • Handle: RePEc:vrs:logitl:v:8:y:2017:i:2:p:1-11:n:1
    DOI: 10.1515/logi-2017-0011
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/logi-2017-0011
    Download Restriction: no
    File URL: https://libkey.io/10.1515/logi-2017-0011?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sandra Perks & Jason Delport, 2023. "Inventory Forecasting and Control Decisions for Effective Inventory Management in the South African Automotive Component Manufacturing Industry: Pre COVID-19 and Lockdown Period," Eurasian Journal of Business and Management, Eurasian Publications, vol. 11(1), pages 17-31.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:logitl:v:8:y:2017:i:2:p:1-11:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.