A Case Study of Supply Chain Management in a Manufacturing Company in China

Luo Renfei (), Huang Jiedan (), Lee Jimmy () and Pun Philip ()
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Luo Renfei: University of Macau, Macau
Huang Jiedan: University of Macau, Macau
Lee Jimmy: University of Macau, Macau
Pun Philip: University of Macau, Macau

Nang Yan Business Journal, 2018, vol. 6, issue 1, 1-20

Abstract: How to manage inventory is becoming an increasingly crucial issue for most manufacturing companies. R&D, the pseudonymous case study considered here, is a foreign direct investment (FDI) company engaged in producing electronic components. As the prices of raw materials and operation costs increased, R&D was challenged to maintain a smooth relationship among several factors: level of inventory, customer satisfaction and production efficiency. This paper first discusses the key factors that affect R&D’s inventory level. It then combines recent supply chain management theories and quantitative data into a framework for identifying how R&D might determine optimal ordering policies and strategies to reduce overall costs, while at the same time satisfying customers in terms of service.

Keywords: Inventory management; safety stock; case study; VMI (search for similar items in EconPapers)
JEL-codes: L84 O14 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:nybujo:v:6:y:2018:i:1:p:1-20:n:1

DOI: 10.2478/nybj-2018-0001

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