The implementation process of any information system is a challenging task which becomes even more difficult when the system to be implemented is complex and requires significant organisational change, such as Manufacturing Resource Planning (MRP II). The study reported here was conducted to...

Down with inventory! Do away with inventory! So cry the advocates of the Just‐in‐Time doctrine—a doctrine that holds that inventory by nature is idle and wasteful and by reason is an encumbrance on the operations and finances of an organization. Their denouncements of both intentional and...

Should an organization modify its ordering policies when a supplier announces an impending price increase for an item? Announced price increases are a common economic phenomenon. This article develops the optimal stock replenishment strategies in response to a price change. It is shown that the...

Generic product offerings in a boundaryless competitive environment do not support economic viability. Time‐based dimensions of a product are becoming an increasingly important component in assessing strategic advantage. A generalized framework is provided for analyzing product environments...