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Integrative purchasing and inventory control at sawnwood retailer - case study
University of Skövde, School of Technology and Society.ORCID iD: 0000-0002-0382-1387
University of Skövde, The Virtual Systems Research Centre. University of Skövde, School of Technology and Society.ORCID iD: 0000-0002-8305-4412
University of Skövde. Lappeenranta University of Technology, Kouvola Research Unit, Kouvola, Finland.
2011 (English)In: International Journal of procurement management, ISSN 1753-8432, E-ISSN 1753-8440, Vol. 4, no 2, 139-155 p.Article in journal (Refereed) Published
Abstract [en]

Purchasing order methods and inventory control are vital elements in fulfilling customer orders and building internal performance; this is particularly the case in retailing operations. In this manuscript, we develop different scenarios for various order methods for a wood retailer, where the performance of the different methods is evaluated through simulation, whereupon the fit between environments and methods is compared. Our results indicate that only simple environments follow analytical cost and service level calculations, while increasing complexity increases the synchronisation need between forecasts and reordering methods. In our research we also compare different ordering methods, and find that while the reorder point method is the most robust solution from the retailer’s perspective, it could lead to distortion within entire wood supply chain.

Place, publisher, year, edition, pages
InderScience Publishers, 2011. Vol. 4, no 2, 139-155 p.
Keyword [en]
purchasing order methods, inventory control, simulation, wood retailing, case study
National Category
Engineering and Technology
Research subject
Technology
Identifiers
URN: urn:nbn:se:his:diva-4874DOI: 10.1504/IJPM.2011.038896Scopus ID: 2-s2.0-84878776432OAI: oai:DiVA.org:his-4874DiVA: diva2:414700
Available from: 2011-05-04 Created: 2011-05-04 Last updated: 2016-12-29Bibliographically approved

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Hedenstierna, PhilipHilletofth, Per
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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf