A manufacturing supply chain business model and its implementation in a plastics manufacturing company

Ka Fu Chu, Chi Fai Cheung

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

1 Citation (Scopus)

Abstract

Effective inventory management strategies and their efficient implementation are recognized as important elements in a manufacturer's business model. The targets are reduction of the level and value of inventory maintained, high speed in transforming them to orders delivered to customers and flexibility in dealing with demand changes. This paper proposes a business model for inventory management in a Hong Kong plastic products manufacturing company with production facilities located in the mainland. It shows how E-business technology applications have opened up the horizon for realization of such a business model. A supply chain strategy based on mutual trust and inventory information visibility is essential in the implementation of such a business model. The model has been found to be valid and feasible. The benefits attainable to parties in the supply chain are evaluated. It is proposed that the model can also be applied successfully for similar benefits in other companies.
Original languageEnglish
Title of host publicationAdvances in Materials Manufacturing Science and Technology II - Selected Papers from the 12th International Manufacturing Conference in China
Pages1096-1099
Number of pages4
Publication statusPublished - 1 Dec 2006
Event12th International Manufacturing Conference in China, IMCC2006 - Xi'an, China
Duration: 21 Sep 200623 Sep 2006

Publication series

NameMaterials Science Forum
Volume532-533
ISSN (Print)0255-5476

Conference

Conference12th International Manufacturing Conference in China, IMCC2006
CountryChina
CityXi'an
Period21/09/0623/09/06

Keywords

  • Interactive supply chain
  • Inventory information visibility
  • Inventory management strategy
  • Manufacturing supply chain business model
  • Supplier managed inventory

ASJC Scopus subject areas

  • Materials Science(all)
  • Condensed Matter Physics
  • Mechanics of Materials
  • Mechanical Engineering

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