The purpose of this study is to design a mechanism for evaluating business activities with focus on the inventory system through supply chain approach and to implement it in the energy industry. It is necessary to identify the main business purposes through supply chain approach for achieving purpose of the study. In order to design the rational mechanism for evaluating business activities, the characteristics of the markets in which the energy industry is working should be recognized. Also supply chain strategies, their relations with the related measures and supply chain goals, and operationalizing the purposes through a four-step process have been described. Finally, a model has been described that facilitates the continuous improvement process of inventory system through measuring efficiency and effectiveness indexes.
Copyright: © 2018 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode
