INTRODUCTION The importance of efficiency in the supply chain of perishable products, such as the blood products used in transfusion services, cannot be overstated. Many problems can occur, such as the outdating of products, inventory management issues, patient misidentification, and mistransfusion. The purpose of this article was to identify the benefits and barriers associated with radiofrequ...

One of the most important aspects affecting the performance of a supply chain is the management of inventories. Managing inventory in complex supply chains is typically difficult, and may have a significant impact on the customer service level and system-wide costs. The main challenge of inventory management is that almost every inventory problem involves multiple and conflicting objectives tha...

This article provides a decision tool to assist small business managers in their search for an appropriate inventory management system. In the article, a functional taxonomy that would match various small business sectors with certain operational consideration points is proposed. This taxonomy is basically a two-dimensional decision matrix that can equip these managers with various perspectives...

Supply chain management includes four major elements, namely manufacturers, suppliers, distributors and retailers. Inventory control plays a very important role in each of these four modules in the supply chain. There are many uncertain factors that will influence the accuracy of forecasting. Therefore, we need to investigate the uncertainties during the inventory control for these four differe...

Introduction: The growth of small business is fast and their impact on the economy is becoming bigger. How to manage the inventory effectively and efficiently often is a challenge for these small businesses. The study took place at HEM-SOL FORSALJNINGS AB, a company involved in gym sports equipment wholesale. For HEM-SOL two inventory problems, stock-out and overstock occur frequently. The comp...

It is an instinct requirement of the enterprise management to lower the cost so that the enterprise can optimize the asset efficiency. To enhance competition ability and enlarge the market share, enterprises must have a good inventory management system. In this paper, two solutions of inventory management based on bill of material (BOM) have been discussed. One is the accurate quantity and time...