本科毕业论文外文文献与译文文献、资料题目:Zero Inventory Approach文献、资料来源:The IUP Journal of Supp l y ChainManagement文献、资料发表(出版)日期:2024.06院 (部):管理工程学院专 业:工业工程班 级:工业 112姓 名:金丰学 号:2024021527指导老师:孔海花翻译日期:2024.06.14外文文献:Zero Inventory ApproachManaging optimal inventory in the supply chain is critical for an enterprise. The ability to increaseinventory turns and the use of best inventory practices willreduce inventory costs across the supply chain.Moving towards zero inventory will result in effective inventory management in the business process.Inventory Optimization Solutions can be implemented easily using inventory optimization software.With Radio Frequency Identification (RFID) technology, inventory can be updated in real time withoutproduct movement, scanning or human involvement. Companies have to adopt best practices to optimizeoperational processes and lower their cost structure through inventory strategies.IntroductionWith supply chain planning and latest software, companies are managing theirinventory in the best possible manner, keeping inventory holdings to the minimumwithout sacrificing the customer service needs. The zero inventory concept has beenaround since the 1980s. It tries to reduce inventory to a minimum and enhances profitmargins by reducing the need for warehousing and expenses related to it.The concept of a supply chain is to have items flowing from one stage of supply to thenext, both within the business and outside, in a seamless fashion. Any stock in thesystem is caused by either delay between the processes (demand, distribution, transfer,recordingand production)orby thevariation intheflow. Eliminating/reducing stockcan be achieved by: linking processes, making the sa...