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Inventory Management in a Corporation Context

Author

Listed:
  • Juha Lukkarinen

    (University of Oulu, Industrial Engineering and Management, Finland)

  • Jukka Majava

    (University of Oulu, Industrial Engineering and Management, Finland)

Abstract

Inventories and inventory management are integral parts of companies' supply chain and logistics activities. This study focuses on the elements of efficient inventory management. The study analyses how the corporation environment affects inventory management and the potential challenges in this type of context. The study is based on literature findings. Based on the study's results, the importance of reliable inventory data, documented inventory management practices and unified inventory management organisation are vital for ensuring a corporation-level efficiency. The study findings can be used as a reference for inventory management development projects in corporations.

Suggested Citation

  • Juha Lukkarinen & Jukka Majava, 2020. "Inventory Management in a Corporation Context," Expanding Horizons: Business, Management and Technology for Better Society,, ToKnowPress.
    • Handle: RePEc:tkp:mklp20:123-129
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    Cited by:

    1. Juha Lukkarinen & Jukka Majava, 2020. "Supplies Inventory Management in a Corporation Context: A Case Study," International Journal of Management, Knowledge and Learning, International School for Social and Business Studies, Celje, Slovenia, vol. 9(2), pages 169-184.

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