Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Adapting the Analytical Hierarchy Process to Identify Inventory Risk

Adapting the Analytical Hierarchy Process to Identify Inventory Risk The telecommunications industry is characterized by short product life cycles, driven by rapid market development and sometimes by new technologies emerging from internal and external research and design activities. These innovations cause product changes ranging from cosmetic, such as repackaging an existing product, to fundamental, such as introducing a completely new concept. The challenge for telecommunications manufacturers is to have the correct inventory in place for product launch and subsequent consumer demand. However, there are some categories of components that can cause serious inventory management problems and risk. We use the Analytical Hierarchy Process AHP in a specific telecommunications case study, and propose new strategies to manage high risk categories of stock. We identify ways of containing those risks through product design strategies, adapting MRP systems, better supplier control and a closer liaison between marketing and manufacturing activities to better anticipate change. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The International Journal of Logistics Management Emerald Publishing

Adapting the Analytical Hierarchy Process to Identify Inventory Risk

Loading next page...
 
/lp/emerald-publishing/adapting-the-analytical-hierarchy-process-to-identify-inventory-risk-zvAmO7WKY4

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0957-4093
DOI
10.1108/95740930480000354
Publisher site
See Article on Publisher Site

Abstract

The telecommunications industry is characterized by short product life cycles, driven by rapid market development and sometimes by new technologies emerging from internal and external research and design activities. These innovations cause product changes ranging from cosmetic, such as repackaging an existing product, to fundamental, such as introducing a completely new concept. The challenge for telecommunications manufacturers is to have the correct inventory in place for product launch and subsequent consumer demand. However, there are some categories of components that can cause serious inventory management problems and risk. We use the Analytical Hierarchy Process AHP in a specific telecommunications case study, and propose new strategies to manage high risk categories of stock. We identify ways of containing those risks through product design strategies, adapting MRP systems, better supplier control and a closer liaison between marketing and manufacturing activities to better anticipate change.

Journal

The International Journal of Logistics ManagementEmerald Publishing

Published: Jul 1, 2004

There are no references for this article.