For what it’s worth: Strategic planning using assets and inventory

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

For anyone not involved in strategic planning for a manufacturing firm, they will probably know that the logistical problems are legendary. Just think about a firm manufacturing one product. They have to respond to fluctuating demand, seasonal demand, coordinate myriads of suppliers, understand quality issues, fulfilment, manage costs and after all of that hope that costs are less than revenues. When you factor in larger firms with multiple product lines, then you start to understand why logistics and production management are some of the key competencies of any manufacturing firm, and are a matter of life and death to them.

Originality/value

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2018), "For what it’s worth: Strategic planning using assets and inventory", Strategic Direction, Vol. 34 No. 9, pp. 10-12. https://doi.org/10.1108/SD-05-2018-0121