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.
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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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