An online decision support system for inventory management

G. T S Ho, Ka Man Lee, H. C W Lau, A. W H Ip

Research output: Journal article publicationJournal articleAcademic researchpeer-review

3 Citations (Scopus)

Abstract

Due to increasing popularity of using the Internet to perform businesses, enterprises are now facing tremendous pressure from competitors all over the world. In order to survive in the competitive marketplace, companies must be able to deliver their products at the righ time, to the right place, and with the right price. Research studies have shown that decision support system can help enhancing the competitiveness of an enterprise. In general, decision support system technologies and applications are widely used by enterprises to support individual decision-makers, workgroups and virtual partners. This paper proposes a decision support system, which possesses certain intelligent features to support the inventory management. To validate the feasibility of the proposed system, a prototype system has been developed and installed in a local jewellery factory to support the inventory control, thereby helping the factory to maintain an optimal inventory level to match the market demand.
Original languageEnglish
Pages (from-to)351-365
Number of pages15
JournalInternational Journal of Product Development
Volume4
Issue number3-4
DOIs
Publication statusPublished - 12 Apr 2007

Keywords

  • Inventory management
  • Online analytical processing
  • Online decision support system

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics
  • Strategy and Management
  • Management of Technology and Innovation

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