Advances in Inventory Control

M. Rameswari

A chapter in Logistics Engineering from IntechOpen

Abstract: Inventory control is an important part in logistics, which could manage the inventory by making revenue to keep continuous moving on to strengthen logistics and inventory management activities. The desired results and ensure measurable targets are set to drive the right decisions across the organization. The objective of the proposed model is to take into account the distributed block chain ledger system in industry. Block chain technology on inventory management will become a good traceability system. The impact of such digitization will be a very effective and efficient process that facilitates transactions for all industry people in the network.

Keywords: inventory; cost of inventories; production inventory; backorder inventory; inventory management; block chain technology (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:256488

DOI: 10.5772/intechopen.104387

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