Integrated Stock Management in the Supply Chain

The actual continuity of the formation of an integrated approach to stock management in the supply chain, including apportioning stocks, production and supply in order to synchronize movements and flows, is due to the fact that this approach can provide effective product promotion in the continuous and systematic chain of gradual cost increment with purchasing goods and services at required time, in proper quantity and in due form. As the key components of the integrated approach to stock management are the systems of stock management at different management levels, which let reach a rational stock level and logistical costs saving. The given approach will furnish the product flows integration, whether in product chain of enterprises, which are technologically connected or self-dependent among industrial enterprises, which aren't connected through the manufacturing composite lead time. It creates different variants of working of the logistical systems. For the choice of the most optimal variants of working of the logistical systems it is suggested to use a criterion function of the profit-maximization by each enterprise taking into account production income, cost of manufacturing and transaction costs.