Friday, December 14, 2018
'Local Literature\r'
'A signifi behindt amount of writings is available on take stock systems. A majority of the findings are derived from experiences in the US, Japan and Western Europe. Some inventory systems however, can be affected by variations in local anesthetic conditions such(prenominal) as fundament, customs, duties, and regulations. Hence, it is essential to view such systems in an international context. To frame this research, we will view the literature on operations in NIC countries followed by an analysis of local conditions in Thailand. A be of articles are available that examine the inventory setups in Singapore, Hong Kong, and Korea (Amsden, 1989).\r\nFor example, Cheng (1988) and Hum and Ng (1995) examine the workings of simply In Time (JIT) systems in Hong Kong and Singapore, respectively. Other studies link up to inventory management include facility lieu decisions (Sisodia, 1992; Nambiar, fielders, and Van Wassenhove, L. N, 1989; Mathews, 1997) and distributed systems. These studies indicate that Thailand is not as change as the other NIC countries such as Singapore, and infrastructure shortcomings play an important role. Next, we will examine the literature on the quality of infrastructure in Thailand.\r\n root affects both the productivity and effectiveness of manufacturing companies. It has a work out impact on the distribution of raw materials, parts, and absolute goods to customers. The few studies focused on Thailand have primarily addressed infrastructural problems in Thailand (Chalamwong, Chalongphob and Wattanalee, 1994; Chalamwong, 1993). In identifying the infrastructure-related problems, Yukio (1990) calls for the Thai brass to pay closer attention to transportation systems in their effort to attract more Japanese and conflicting investment.\r\nSibunruang (1986) in any case points to infrastructural constraints having a bearing on the teaching of the Thai economy. The present government, however, does realizes the importance of infra structure for the countrys boilers suit economy. In its efforts to improve infrastructure, the Thai government has privatized telecom service and has started seeking help from private local and foreign companies to cope with the road shortage. The government has also approved a number of projects for the construction of highways in and around Bangkok. Furthermore, the airports in Thailand are now bust managed.\r\nAlthough infrastructure remains a problem, there is a substantial pool of investors looking to open break in Thailand. Information on production and inventory management practices in Thailand can help managers breach understand and identify approaches that might be suitable for their companies operations in that country. As noted earlier, no research on inventory management in Thailand has been undertaken and reported in the literature. The next section presents the methodological analysis used in examining the types of inventory systems employed by foreign companies i n Thailand.\r\n'
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