The Effect of Inventory Management on the operational Performance of Warehousing Firms
Keywords:
Inventory, ManagementAbstract
The modern supply chain cannot function without the presence of warehouses. The present trend indicates that market instability is on the rise, product range expansion is taking place, and lead times are becoming shorter; all of these factors have an impact on the duties that are required to be carried out by a warehouse.. Since a variety of activities are carried out at this location, the infrastructure, personnel, and tools needed to facilitate these activities, as well as maintain a secure and comfortable working environment, must be tailored specifically to each of these functions. The fact that warehouse operations are likely the most costly component of the supply chain means that warehouse managers are under intense pressure to boost efficiency and accuracy, save costs and inventory, and enhance customer service.
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