Access

You are not currently logged in.

Access your personal account or get JSTOR access through your library or other institution:

login

Log in to your personal account or through your institution.

ASP, the Art and Science of Practice: Recoupling Inventory Control Research and Practice: Guidelines for Achieving Synergy

Vikram Tiwari and Srinagesh Gavirneni
Interfaces
Vol. 37, No. 2 (Mar. - Apr., 2007), pp. 176-186
Published by: INFORMS
Stable URL: http://www.jstor.org/stable/20141478
Page Count: 11
  • Download ($30.00)
  • Cite this Item
ASP, the Art and Science of Practice: Recoupling Inventory Control Research and Practice: Guidelines for Achieving Synergy
Preview not available

Abstract

With the widening disconnect between inventory-control research and practice, people debate the value of incremental theory building. While practitioners make decisions in a complex and uncoordinated environment, researchers often adopt a simplistic environment for the sake of rigorous analysis. The stakeholders' mismatched objectives and motivations may cause this lack of synergy. Controlling and reducing this disconnect would benefit both practitioners and researchers. The existing empirical analysis of companies' business improvements based on academic inventory-management theories is inconclusive. Even so, some businesses have successfully implemented inventory theory; however, in most cases, they have greatly modified the inventory models developed by academics. The additional effort required testifies to the gap between inventory-control research and practice. As most businesses do not benefit directly from published research, increasing researchers' collaboration with organizations that transform inventory-control research into implementable real-world solutions is one way of reducing the disconnect.

Page Thumbnails

  • Thumbnail: Page 
176
    176
  • Thumbnail: Page 
177
    177
  • Thumbnail: Page 
178
    178
  • Thumbnail: Page 
179
    179
  • Thumbnail: Page 
180
    180
  • Thumbnail: Page 
181
    181
  • Thumbnail: Page 
182
    182
  • Thumbnail: Page 
183
    183
  • Thumbnail: Page 
184
    184
  • Thumbnail: Page 
185
    185
  • Thumbnail: Page 
186
    186