Inventory effect on SCM (Supply Chain Management): A comprehensive Project

SCM (Supply Chain Management) addresses the management of materials and information across the entire chain from suppliers to producers, distributors, retailers, and customers. About Supply Chain Management (SCM) generally speaking, research on Supply Chain Management has been primarily focused on three major issues. Behavior of information flow; issue deals with inventory management; issue is orientated to planning and operations management. In this project inventory management is discussed and the phases of classifying inventory; identify cost factors; assess cost components; calculate EOQ; giving suggestion and effect of inventory on SCM (Supply Chain Management) are explained.