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Advances in Inventory Control

In: Logistics Engineering

Author

Listed:
  • M. Rameswari

Abstract

Inventory control is an important part in logistics, which could manage the inventory by making revenue to keep continuous moving on to strengthen logistics and inventory management activities. The desired results and ensure measurable targets are set to drive the right decisions across the organization. The objective of the proposed model is to take into account the distributed block chain ledger system in industry. Block chain technology on inventory management will become a good traceability system. The impact of such digitization will be a very effective and efficient process that facilitates transactions for all industry people in the network.

Suggested Citation

  • M. Rameswari, 2022. "Advances in Inventory Control," Chapters, in: Samson Jerold Samuel Chelladurai & Suresh Mayilswamy & S. Gnanasekaran & Ramakrishnan Thirumalaisamy (ed.), Logistics Engineering, IntechOpen.
    • Handle: RePEc:ito:pchaps:256488
    DOI: 10.5772/intechopen.104387
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    More about this item

    Keywords

    inventory; cost of inventories; production inventory; backorder inventory; inventory management; block chain technology;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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