Abstract ▼ AI-Helper

The Electronic Materials Industry as a high-tech industry is the most suspectible to demand in SCM. Therefore, there are frequent changes in demand by short period of delivery and urgent order according to rapidly changing market situation in the industry. As the industry has various characteristics...

The Electronic Materials Industry as a high-tech industry is the most suspectible to demand in SCM. Therefore, there are frequent changes in demand by short period of delivery and urgent order according to rapidly changing market situation in the industry. As the industry has various characteristics of many electronic manufactures, product compatibility is very low. So, specific products are delivered considering the characteristics of the manufactures. It naturally causes difficulties in inventory management. If inventory level is low, products will be easily out of stock due to the problem of product compatibility. On the other way, if inventory level is high, it can be malignant inventory in the long term, having a bad influence on corporate profits. Nevertheless, inventory management and production plan in the industry is carried out by demand and supply in a short period of time, showing an insufficient process in general. The purpose of the study is to suggest and verify appropriate policies optimizing inventory level and improving the process to boost customers' business and lower inventory cost in SCM. I believe that the methods suggested in the study has proposed the direction for optimal inventory management when many companies introduce and operate SCM.

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