{"id":462,"date":"2016-07-13T13:06:11","date_gmt":"2016-07-13T18:06:11","guid":{"rendered":"http:\/\/blogs.uww.edu\/prasad\/?page_id=462"},"modified":"2016-07-13T13:06:27","modified_gmt":"2016-07-13T18:06:27","slug":"international-purchasing-inventory-management-and-logistics-research","status":"publish","type":"page","link":"https:\/\/blogs.uww.edu\/prasad\/teaching\/independent-study\/international-purchasing-inventory-management-and-logistics-research\/","title":{"rendered":"International purchasing, inventory management and logistics research"},"content":{"rendered":"

Sunil Babbar and Sameer Prasad<\/p>\n

International Journal of Physical Distribution and Logistics Management<\/h2>\n

1998, Vol. 28, No. 6, 403-433<\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 International Environment<\/p>\n

    \n
  1. a) Era of unprecedented growth due to<\/li>\n
  2. i) Lowering of trade barriers<\/li>\n
  3. ii) Liberalization of economies<\/li>\n
  4. b) Increase in global transactions increases importance of<\/li>\n
  5. i) International purchasing<\/li>\n
  6. ii) Inventory management<\/li>\n<\/ol>\n

    iii)\u00a0\u00a0\u00a0\u00a0 Logistics<\/p>\n

      \n
    1. c) Firms must align purchasing, inventory management and distribution systems with their environment<\/li>\n<\/ol>\n

      2)\u00a0\u00a0\u00a0\u00a0\u00a0 Sources of information and research<\/p>\n

        \n
      1. a) Primary Operations Management journals<\/li>\n
      2. i) Decision Sciences<\/li>\n
      3. ii) International Journal of Operations and Production Management<\/li>\n<\/ol>\n

        iii)\u00a0\u00a0\u00a0\u00a0 International Journal of Physical Distribution and Materials Management<\/p>\n

          \n
        1. iv) International Journal of Production Economics<\/li>\n
        2. v) International Journal of Production Research<\/li>\n
        3. vi) International Journal of Purchasing and Materials Manafement<\/li>\n<\/ol>\n

          vii)\u00a0\u00a0 Journal of Operations Management<\/p>\n

          viii)\u00a0 Logistics and Transportation Review<\/p>\n

            \n
          1. ix) Management Science<\/li>\n
          2. x) Omega<\/li>\n
          3. xi) Production and Operations Management<\/li>\n
          4. b) Management Journals<\/li>\n
          5. i) Academy of Management Executive<\/li>\n
          6. ii) Academy of Management Journal<\/li>\n<\/ol>\n

            iii)\u00a0\u00a0\u00a0\u00a0 Academy of Management Review<\/p>\n

              \n
            1. iv) Administrative Science Quarterly<\/li>\n
            2. v) California Management Review<\/li>\n
            3. vi) Columbia Journal of World Business<\/li>\n<\/ol>\n

              vii)\u00a0\u00a0 Harvard Business Review<\/p>\n

              viii)\u00a0 Journal of International Business Studies<\/p>\n

                \n
              1. ix) Journal of Management<\/li>\n
              2. x) Sloan Management Review<\/li>\n
              3. xi) Strategic Management Journal<\/li>\n<\/ol>\n

                3)\u00a0\u00a0\u00a0\u00a0\u00a0 Points of Interest<\/p>\n

                  \n
                1. a) International purchasing<\/li>\n
                2. i) Two most prevalent reasons to source internationally (Birou and Fawcett, 1993)<\/li>\n<\/ol>\n

                  (1)\u00a0\u00a0 Lower price<\/p>\n

                  (2)\u00a0\u00a0 Availability of products not available domestically<\/p>\n

                    \n
                  1. b) International inventory management<\/li>\n
                  2. i) Main difficulties in JIT implementation (Clarke and Mia, 1993)<\/li>\n<\/ol>\n

                    (1)\u00a0\u00a0 Supplier or customer inflexibility<\/p>\n

                    (2)\u00a0\u00a0 Staff resistance to change<\/p>\n

                    (3)\u00a0\u00a0 Difficulty with or unexpected costs in the reorganization of production facilities<\/p>\n

                    (4)\u00a0\u00a0 Prohibitive capital requirements<\/p>\n

                      \n
                    1. ii) Internationally, where there is poor infrastructure, inventory is used as a buffer for the associated uncertainty<\/li>\n
                    2. c) International Logistics Research<\/li>\n
                    3. i) Problems<\/li>\n<\/ol>\n

                      (1)\u00a0\u00a0 Lack of integrated approach<\/p>\n

                      (2)\u00a0\u00a0 Failure to recognize logistics importance<\/p>\n

                      (3)\u00a0\u00a0 Not considering the big picture when making location decisions<\/p>\n

                        \n
                      1. ii) Firms must<\/li>\n<\/ol>\n

                        (1)\u00a0\u00a0 Consider service before cost<\/p>\n

                        (2)\u00a0\u00a0 Consider outsourcing to international freight forwarders<\/p>\n

                        (a)\u00a0\u00a0\u00a0 May be a service improvement<\/p>\n

                        (b)\u00a0\u00a0 May reduce overall cost<\/p>\n

                        4)\u00a0\u00a0\u00a0\u00a0\u00a0 Conclusion and Key points<\/p>\n

                          \n
                        1. a) Few firms have well defined strategies for international purchasing, inventory management and logistics<\/li>\n
                        2. b) International sourcing began as a reactive approach to cost reduction, it is now considered a proactive approach to attaining competitive advantage<\/li>\n
                        3. c) Physical distribution is important but is still subordinate to other areas<\/li>\n
                        4. d) When involved in international transactions it is important to plan carefully and wisely<\/li>\n<\/ol>\n

                           <\/p>\n","protected":false},"excerpt":{"rendered":"

                          Sunil Babbar and Sameer Prasad International Journal of Physical Distribution and Logistics Management 1998, Vol. 28, No. 6, 403-433 1)\u00a0\u00a0\u00a0\u00a0\u00a0 International Environment a) Era of unprecedented growth due to i) Lowering of trade barriers ii) Liberalization of economies b) Increase in global transactions increases importance of i) International purchasing ii) Inventory management iii)\u00a0\u00a0\u00a0\u00a0 Logistics c) […]<\/p>\n","protected":false},"author":3916,"featured_media":0,"parent":118,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-462","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/users\/3916"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/comments?post=462"}],"version-history":[{"count":1,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/462\/revisions"}],"predecessor-version":[{"id":464,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/462\/revisions\/464"}],"up":[{"embeddable":true,"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/pages\/118"}],"wp:attachment":[{"href":"https:\/\/blogs.uww.edu\/prasad\/wp-json\/wp\/v2\/media?parent=462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}