Welcome to Francis Academic Press

Academic Journal of Business & Management, 2024, 6(3); doi: 10.25236/AJBM.2024.060334.

Research on Supply Chain Inventory Management Strategies of Manufacturing Enterprises in the Context of Digitization

Author(s)

Yan Jiang

Corresponding Author:
Yan Jiang
Affiliation(s)

School of Economics and Management, Guangxi Normal University, Guilin, Guangxi, China

Abstract

Under the background of digitalization, enterprises have many development opportunities and also face great challenges. The use of digital technology can improve enterprise production efficiency, optimize supply chain management, improve customer satisfaction and so on. In view of this, this paper discusses the supply chain inventory management of manufacturing enterprises against the background of digitalization. Firstly, it combs through the current research status of supply chain inventory management in manufacturing enterprises; secondly, it explores the problems of inventory management in manufacturing enterprises under the background of digitalization; finally, it puts forward the optimization suggestions of supply chain inventory management in manufacturing enterprises under the background of digitalization, which can help to improve the competitiveness and sustainable development of enterprises.

Keywords

Manufacturing industry, Supply chain inventory management, Digitalization background

Cite This Paper

Yan Jiang. Research on Supply Chain Inventory Management Strategies of Manufacturing Enterprises in the Context of Digitization. Academic Journal of Business & Management (2024) Vol. 6, Issue 3: 268-273. https://doi.org/10.25236/AJBM.2024.060334.

References

[1] Zhao Zhengjia, He Zhihua (2018). An Empirical Study on Supply Chain Inventory Management and Its Relationship with Performance in Automotive Industry Enterprises. Industrial Engineering and Management, 23(02), 98-106.

[2] Guajardo, M., Rönnqvist, M., Halvorsen, A. M. , & Kallevik, S. I. (2015). Inventory management of spare parts in an energy company. Journal of the Operational Research Society, 66(2), 331–341.

[3] Jaksic, M. M. , & Fransoo, J. J.  (2015). Optimal inventory management with supply backordering. Elsevier.

[4] Praveen, U. , Farnaz, G. , & Hatim, G. (2019). Inventory management and cost reduction of supply chain processes using AI based time-series forecasting and ANN modeling. Procedia Manufacturing, 38, 256–263. 

[5] Seuring, S. , Aman, S. , Hettiarachchi, B. D. , De, L. F. A. , Schilling, L. , & Sudusinghe, J. I. (2022). Reflecting on Theory Development in Sustainable Supply Chain Management. Cleaner Logistics and Supply Chain.

[6] Zhong Dingchen, Yang Qing (2021). Research on Supply Chain Inventory Management Optimization Based on System Dynamics--Taking Meibang Garment as an Example. China Circulation Economy, (018), 3-6.

[7] Wang Bo (2008). Research on Safety Stock Optimization Method. Modern Business Trade Industry, (05), 223-224.

[8] Zhao Min (2020). A Review of Research on Enterprise Inventory Management in Supply Chain Environment. Marketing Circles, (33), 75-77.

[9] Wu De (2021). Research on Procurement and Inventory Management Based on Supply Chain Management Environment. Trade Fair Economy, (15), 58-60.

[10] Zhao Zelin (2020). Inventory Control in a Supply Chain Management Environment. Business Culture, (32), 12-13.