Inventory Management Explained
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Inventory Management Explained
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Author : David J. Piasecki
language : en
Publisher: Ops Publishing
Release Date : 2009-01-01
Inventory Management Explained written by David J. Piasecki and has been published by Ops Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Inventory control categories.
Inventory Management isn't easy. If it were, more companies would be good at it. But being competent at managing your inventory isn't all that difficult either. Inventory Management Explained helps readers build a solid understanding of the key planning aspects of inventory management. It does this by clearly explaining what inventory management is, but then goes well beyond typical inventory management books by tearing apart the calculations and logic we use in inventory management and exposing the hidden (or not so hidden) flaws and limitations. It then builds on this by showing readers how they can use their understanding of inventory management and their specific business needs to modify these calculations or develop their own calculations to more effectively manage their inventory. The emphasis on practical solutions means readers can actually use what they've learned.For those new to inventory management, the author includes highly detailed explanations and numerous examples. Instead of archaic mathematical syntax, the author explains the calculations in plain English and uses Excel formulas and spreadsheet examples for many of them.For the experienced practitioner, the author provides insights and a level of detail they likely have not previously experienced. Overall, Inventory Management Explained does actually explain inventory management, and in doing so, exposes the good, the bad, and the ugly aspects of it. But more importantly, it leaves the readers knowing enough to be able to start making smart decisions about how they manage their inventory.
Inventory Management Principles And Practices
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Author : P. Narayan
language : en
Publisher: Excel Books India
Release Date : 2009
Inventory Management Principles And Practices written by P. Narayan and has been published by Excel Books India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Inventory categories.
The book Inventory Management Principles and Practices explains all the fundamental principles of Inventory Management. It starts with a definition of Inventory, why it is needed as well as not needed, what is its impact on a business, how do we classify them for ease of control and what are the various techniques of inventory control. Inventory is an outcome of procurement. So obviously, while studying inventories, the logic behind its procurement should be studied. Hence, chapters on Manufacturing Resources Planning have been added. Just-in-time principles and TQM are some more methods of achieving world-class manufacturing, so they have also been included here. In the present scenario, all activities are being computerized. So lessons on e-commerce as well as all the latest technologies that are affecting Inventory Management have been included. Chapters have been included on methods to handle specific classes of inventories such as spare parts inventory, finished goods inventory, work-in-process inventory, surplus, obsolete and non-moving inventory, etc. Logistics and supply chain management defines the path which a material takes in it s life through a company. So it was essential to include a chapter on it also. Keeping in mind the syllabus prescribed in the various universities on this subject, the chapters have been designed accordingly. A chapter has also been included on some motivational thoughts outlining some principles, which would help us to become successful in life. The principles outlined here are universal, applicable to any situation, organization or country.
Inventory Management
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Author : John W. Toomey
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-06-30
Inventory Management written by John W. Toomey and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-30 with Business & Economics categories.
This work, directed at management and employees responsible for controlling inventories, explains inventory management as it relates to the entire supply chain (customer demand, distribution and product transformation processes). Each chapter concludes with a case study and suggested solution.
Best Practice In Inventory Management
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Author : Tony Wild
language : en
Publisher: Routledge
Release Date : 2007-06-01
Best Practice In Inventory Management written by Tony Wild and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-06-01 with Business & Economics categories.
Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice. The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations. The text is based on best theory and practice, which has been gradually developed by the inventory management profession over the years. It covers the inventory control aspects included in the courses for the DPIM, COM, DLM, CPIM and other professional and academic qualifications. Readers develop their understanding of stock control by seeing the techniques explained logically and learn how inventory structuring, individual item control, forecasting and co-ordination provide the base for logistics management. This new edition has been up-dated throughout and the final chapter, The Future - Inventory and Logistics, has been re-written to reflect the developing applications of technology and changes in focus.
Inventory Management Controlling In A Fluctuating Demand Environment
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Author : R. S. Saxena
language : en
Publisher: Global India Publications
Release Date : 2009-12
Inventory Management Controlling In A Fluctuating Demand Environment written by R. S. Saxena and has been published by Global India Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12 with Business logistics categories.
This book is for the inventory control practitioner.WIth the techniques described many people have been able to manage their stock of inventory so that their customers are happier and so are the accountants. The reduction of inventory value, the avoidance of unnecessary work and the improvement of customer service can be accomplished at the sam time through simple application of the techniques discussed. Inventory practitioners should be able to use this book to understand the best approaches and then to apply them to their own circumstances. Simple application of the methods is most succesful, while modifications usually result in less effective outcomes.
Best Practice In Inventory Management
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Author : Tony Wild
language : en
Publisher:
Release Date : 2017-09
Best Practice In Inventory Management written by Tony Wild and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09 with Inventory control categories.
Revised edition of the author's Best practice in inventory management, [2002]
Inventory Management Of Purchased Materials
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Author : Howard L. Timms
language : en
Publisher:
Release Date : 1958
Inventory Management Of Purchased Materials written by Howard L. Timms and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Inventories categories.
The Definitive Guide To Inventory Management
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Author : CSCMP
language : en
Publisher: Pearson Education
Release Date : 2014-03-19
The Definitive Guide To Inventory Management written by CSCMP and has been published by Pearson Education this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-19 with Business & Economics categories.
Master and apply both the technical and behavioral skills you need to succeed in any inventory management role or function! Now, there’s an authoritative and comprehensive guide to best-practice inventory management in any organization. Authored by world-class experts in collaboration with the Council of Supply Chain Management Professionals (CSCMP), this text illuminates planning, organizing, controlling, directing, motivating and coordinating all the activities used to efficiently control product flow. The Definitive Guide to Inventory Management covers long-term strategic decisions; mid-term tactical decisions; and even short-term operational decisions. Topics discussed include: Basic inventory management goals, roles, concepts, purposes, and terminology Key inventory management elements, processes, and interactions Principles/strategies for establishing efficient and effective inventory flows Using technology in inventory planning and management New approaches to inventory reduction: postponement, vendor-managed inventories, cross-docking, and quick response systems Trade-offs between inventory and transportation costs, including carrying costs Requirements and challenges of global inventory management Best practices, metrics, and frameworks for assessing inventory management performance
Inventory Management Essentials Handbook
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Author : Joseph Lanton Adjei Mensah McIps
language : en
Publisher: Independently Published
Release Date : 2024-02-15
Inventory Management Essentials Handbook written by Joseph Lanton Adjei Mensah McIps and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-15 with Business & Economics categories.
This book provides an in-depth understanding of inventory management by considering the various developments during industrial revolutions. As the current industrial revolution strives to reach industrial 5.0, there have been many approaches to improving inventory management. With the world's advancement in technology, which is gradually leading to the introduction of artificial intelligent (AI) all phase of life, requires that inventory manager understands the broad concept of the industrial revolution and their implication on inventory management: This requires a broad understanding of the Internet of Things (IoT), bitcoin, the concept of blockchain, and their impact on future management. In managing inventory, the understanding of quality is fundamental as this helps personnel within the circles of inventory management to appreciate the need to apply simple quality management principles such as Kaizen, Six Sigma, and Total Quality Management. The book simplifies these approaches by combining these approaches to make them easy to apply in the real world on inventory management, and for that matter, supply chain. The bullwhip phenomenon and its impact on inventory, resulting in poor supply chain performance, is well explained, emphasizing on how to resolve this effect. The focus of this book is to improve the planning capabilities of supply chain managers in inventory management, in order to improve their ability to deal with supply chain risk.
Production And Inventory Management
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Author :
language : en
Publisher:
Release Date : 1985
Production And Inventory Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Inventories categories.