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Volume & Issue no: Volume 4, Issue 1, January - February 2015

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Title:
Evaluation of Inventory Cost in Supply Chain using Case Based Reasoning
Author Name:
Manjot Kaur, Tejpal Sharma
Abstract:
Abstract Supply Chain Management is a set of synchronized decision & activities, utilized to effectively integrate suppliers, manufacturers, transporters, warehouses, retailers & customers so that the right product or service is distributed at the right quantities, to the proper locations& at the appropriate time, in order to minimize system wide costs while satisfying customer service level requirements. Under the mode of supply chain Inventory is the biggest obstacle. The Inventory not only influences the cost of single enterprise but also resist the cost of whole supple chain. The SCM is required to improve the performance. In this paper, the casebased reasoning approach to support the sourcing decisions Keywords: Supply chain, sourcing, sourcing decisions, case-based reasoning, Supply chain management system, inventory cost, simulation based optimization.
Cite this article:
Manjot Kaur, Tejpal Sharma , " Evaluation of Inventory Cost in Supply Chain using Case Based Reasoning" , International Journal of Emerging Trends & Technology in Computer Science (IJETTCS) , Volume 4, Issue 1, January - February 2015 , pp. 198-204 , ISSN 2278-6856.
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International Journal of Emerging Trends & Technology in Computer Science (IJETTCS)
ISSN 2278-6856
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