Essentials of Inventory Management

Essentials of Inventory Management PDF Author: Max Muller
Publisher: AMACOM Div American Mgmt Assn
ISBN: 0814416551
Category : Business & Economics
Languages : en
Pages : 272

Book Description
Does inventory management sometimes feel like a waste of time? Learn how to maximize your inventory management process to use it as a tool for making important business decisions.

Inventory Control

Inventory Control PDF Author: Sven Axsäter
Publisher: Springer
ISBN: 3319157299
Category : Business & Economics
Languages : en
Pages : 271

Book Description
This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning. It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation. The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts. As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.

Optimal Inventory Control and Management Techniques

Optimal Inventory Control and Management Techniques PDF Author: Mittal, Mandeep
Publisher: IGI Global
ISBN: 1466698896
Category : Business & Economics
Languages : en
Pages : 424

Book Description
Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. Optimal Inventory Control and Management Techniques explores emergent research in stock management and product control within organizations. Featuring diverse perspectives on the implementation of various optimization techniques, genetic algorithms, and datamining concepts, as well as research on big data applications for inventory management, this publication is a comprehensive reference source for practitioners, educators, and researchers in the fields of logistics, operations management, and retail management.

Inventory Management-principles and Practices.

Inventory Management-principles and Practices. PDF Author: P. Narayan
Publisher: Excel Books India
ISBN: 9788174465917
Category : Inventory
Languages : en
Pages : 248

Book Description
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 and Production Management in Supply Chains

Inventory and Production Management in Supply Chains PDF Author: Edward A. Silver
Publisher: CRC Press
ISBN: 1466558628
Category : Business & Economics
Languages : en
Pages : 810

Book Description
Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

Inventory Control and Management

Inventory Control and Management PDF Author: C. Donald J. Waters
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 412

Book Description
"Assuming no prior knowledge of the subject area, this book provides students of management, operations management, management science and production - as well as practitioners- with an indispensable guide to inventory control." --Book Jacket.

Best Practice in Inventory Management

Best Practice in Inventory Management PDF Author: Tony Wild
Publisher: Routledge
ISBN: 135186534X
Category : Business & Economics
Languages : en
Pages : 389

Book Description
Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple "number crunching" and mathematical modelling. This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.

Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques

Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques PDF Author: Shah, Nita H.
Publisher: IGI Global
ISBN: 1522532331
Category : Business & Economics
Languages : en
Pages : 672

Book Description
Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.

Warehouse Management and Inventory Control

Warehouse Management and Inventory Control PDF Author: Philip M. Price
Publisher:
ISBN: 9781934231043
Category :
Languages : en
Pages : 278

Book Description
Warehouse Management and Inventory Control is a fun, accessible, and comprehensive first look at the world of warehouses and inventory that can easily be used as a textbook in the college, community college, and high school setting. It is written in an engaging, fun, and accessible style and every chapter includes interesting case studies or exercises. It is also a useful reference for those in the business world new to warehouse management and inventory control. The chapters of Warehouse Management and Inventory Control are: The Role of Warehousing in Logistics and Supply Chain Management * Inbound Processes in Warehouse Management * Internal Processes: Putaway * Internal Processes: Materials Handling * Internal Processes: The Unit Load * Internal Processes: Inventory Management and Control Systems * Outbound Processes: Inventory Issue * Outbound Processes: Distribution * Safety and Security in Warehouse and Inventory Management * Information Technology Systems * Customer Service and the Warehouse * The Rapidly Changing Future of Warehouse Management. A Warehouse Management and Inventory Control Teaching Pack will also soon be available from the publisher that includes answers to the book's exercises, activities and games, homework assignments, test questions for each chapter, and suggestions and resources for adapting the materials for online instruction. With the Warehouse Management and Inventory Control Teaching Pack, an entire semester of content is at your fingertips!

Demand Forecasting and Inventory Control

Demand Forecasting and Inventory Control PDF Author: Colin Lewis
Publisher: Routledge
ISBN: 113634683X
Category : Business & Economics
Languages : en
Pages : 172

Book Description
This practical book covers the forecasting- and inventory control methods used in commercial, retail and manufacturing companies. Colin Lewis explains the theory and practice of current demand forecasting methods, the links between forecasts produced as a result of analysing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly used inventory control systems. The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.
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