Inventory management, economic order quantity, economic batch size, just-in-time and strategy

This article examines the relationship between a company's inventory policies and their broader strategic objectives. Rather than accepting that one fonn of inventory policy - such as Just-in- Time - is universally superior and so should feature in every company's strategy, the article uses fonnulaic definitions of different inventory policies to investigate inventory arrangements at a case study company. The article concludes by calling for an analysis of actual inventory requirement and arrangements prior to finalising strategy.