JEO: Conference Papers
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- PublicationSupply Chain Management Problems: A ReviewSupply chain management (SCM) deals with flowmanagement of funding, information, and material. It hasbeen attended to in last decade or so more than ever sinceit can reduce total cost of the entire system whileincreasing customer satisfaction level. There arenumerous issues in SCM, yet, in this paper, just only four,namely, Inventory management, Facility location,Information technology, and Sourcing, are discussed. Theobjective of Inventory management is to determineappropriate policies and strategies to answer the questionof how much and when to order. Information plays asignificant role to link each activity in supply chain towork continuously and effectively so as to enhanceperformance of the system. Facility location aims atinvestigating appropriate location to set facilities in orderto reduce inventory and transportation cost for the wholesupply chain. Sourcing, the major concern of this paper, isa strategy for making decisions either making in-house oroutsource some activities. One of all activities ofsourcing is the process of selection of appropriatesuppliers. This paper aims to review the literatureregarding the four aspects in supply chain and discusses insome details the topic of sourcing.
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