A proportionately increased small and equal batch delivery under consignment stock agreement for a single vendor, multiple buyers supply chain system
Consignment stocks agreement had been very useful in inventory control. The benefit ranges from improved cash flow, reduced risk level, savings on investment, reduced ownership cost, low inventory carrying cost and regular restocking to mention few. Also, small batch delivery is an effective strateg...
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Main Authors: | Kehinde Adegbola, Abdulrakib Abdulrahman |
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Format: | Article |
Language: | English |
Published: |
Ayandegan Institute of Higher Education,
2023-12-01
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Series: | International Journal of Research in Industrial Engineering |
Subjects: | |
Online Access: | https://www.riejournal.com/article_184193_2f1ea24f350e662ae29bd05cd2eaefd7.pdf |
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