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.
Author: Max Muller Publisher: HarperCollins Leadership ISBN: 1400212383 Category : Business & Economics Languages : en Pages : 272
Book Description
Inventory management is about more than counting what you’ve got. It’s about understanding business realities and making decisions that balance current demand with future needs. Author Max Muller teaches readers how to do this while keeping overhead and operating costs at a minimum by maximizing productivity in key areas--from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Novice and veteran managers alike will gain ultra-practical tips and tricks on topics including forecasting and replenishment strategies, retail vs manufacturing inventories, materials requirements planning, formulas for calculating quantities and schedules, and supply chain risk management. Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing “Why Inventory Systems Fail and How to Fix Them,” the second edition of Essentials of Inventory Management is perfect for both instructional and on-the-job use. Inventory management is complex, but it can be simplified. With up-to-date insights to maximize productivity, identify and solve issues quickly, forecast and replenish, incorporate automation, and much more, this nontechnical yet thorough guide will teach you how to manage inventory as a physical reality--and maximize its monetary value.
Author: James Andrews Publisher: ISBN: 9781639872121 Category : Languages : en Pages : 0
Book Description
Inventory management falls under the umbrella of supply chain management. It is concerned with the evaluation and maintenance of stock. Any item that is about to go out of stock must be restocked to cater to the customer demand. It also involves strategizing where to stock which item in the warehouse and also the maintenance of the warehouse so that no item in the stock suffers any damage. This textbook provides an in-depth understanding of the role and duties of an inventory manager along with a step-by-step explanation of how to carry out such tasks. It will prove as a valuable source of reference to students across the globe.
Author: Antony Wild Publisher: Wiley-Interscience ISBN: Category : Business & Economics Languages : en Pages : 248
Book Description
A groundbreaking, up-to-date look at the Best Practice in Inventory Management "This book is aimed to show how good inventory control can be used in practice. It is a result of working continuously on inventory control with a large number of companies over many years. It contains the distilled techniques which have been tried out and proved to work. . . . [It] is a driver's manual of inventory controllers. It will cover the working of the engine (how inventory control techniques work), how to use the controls (what the techniques do and how to manage them), and how to get the best out of the vehicle (how to optimize inventory). Understand the text and it will show the way to guaranteed improved inventory control, reduced stock levels, and higher availability."—from the Preface "The development of inventory management is a dynamic activity, with new approaches being made, techniques being refined, and new challenges being met. . . . It is imperative that [these] challenges are met, since continuing competitiveness is based on ever-improving customer service and ever-reducing inventory costs."—from the text As a vital function of an organization's operational structure, effective inventory management is key to improving a company's customer service, cash flow, and ultimately, its profitability margin. While it may sound simple, it is, in fact, far more complex than most managers perceive, requiring very specific knowledge and understanding. It is based upon a framework of unique tools and techniques essential to achieving complete success. Best Practice in Inventory Management gives you these essentials, with in-depth coverage of the latest practices in the field. The book delivers a wealth of solid solutions for lowering inventory overhead, bettering customer relations, and increasing productivity and performance. An ideal reference for APICS certification candidates, as well as participants in training programs, this authoritative resource outlines basic techniques, describes how and where to apply them, and explains how to ensure their effective implementation. The techniques are placed within the context of stores operations, which can be applied in a variety of situations, from manufacturing and distribution to warehousing, consumable stores, and spares and service. Best Practice in Inventory Management follows a logical progression, beginning with targets and moving forward through inventory structuring, individual item control, and coordination. In the process, it probes cutting-edge strategies, including Pareto analysis, Just in Time (JIT), and Material Requirements Planning (MRP), and offers a rational approach to the risks of stockouts. Aided by a host of new applications, practical methods, and real-world examples, you'll learn to implement a variety of processes vital to inventory structure and control. From effective stock monitoring to forecasting, setting, and assessing stock level guidelines, this book outlines the crucial steps in having suitable product available at an acceptable price and within a reasonable timescale.
Author: Joseph Mensah Publisher: ISBN: Category : Languages : en Pages : 401
Book Description
FOREWORD The global supply chain was severally hit by the Covid-19 in 2020. As a result, Institutions and organisations had to develop innovate in ways to be able to stay in business. This is where I believe knowledge meets opportunity in the mist of crisis. Dr. Joseph L. A. Mensah has made good use of his vast knowledge and understanding of supply chain management and operations by providing a framework for the study of materials planning methods in supply chains. This new book takes a comprehensive look at materials planning strategies and warehousing. In organisations, materials planning and warehousing form an important part of the supply chain. The book offers several theories, ideas, and concepts that are key to understanding supply chain within an organization. The book teaches about the roles and responsibilities within the supply chain and the rationale behind them along with the various planning strategies and tools available to ensure successful flow of inventory from the supplier to the end-user. This edition of the book deepens the reader's understanding of materials planning strategies and warehousing. This edition of the book is exceptional mainly for the new features that have been added by the author. These features I believe will help address the key global issues about supply chain management in organisations. Examples of the features are the total quality management within the supply chain (Chapter 7), forecasting in supply chain management (Chapter 9), e-supply chain (Chapter 12) and warehousing and safety (Chapter 14). The inclusion of these topics to this edition provides additional knowledge on the flow of information and materials throughout an organization how its external customers are affected. The author brilliantly interconnects these topics in a way that contributes effectively to the supply chain. The book is lengthier in this edition, and most of the content is totally new or rewritten with comprehensive examples and computer-based methods. Another useful feature is the 'questions and case studies". In this new feature, the book provides questions and realistic case studies at the end of each chapter as a way to strengthen the reader's understanding of the various major topics. The book is a useful tool for teaching and learning tool. It gives readers a complete grasp of inventory management and while assisting students and industry players to understand the techniques for ensuring good inventory maintenance. The content of this book can serve as a dependable approach for attaining successful stock management since all inventory techniques and warehouse setups that offer a suitable environment for inventory management are covered in this book. Everyone in supply chain management and operations needs a copy of this book as it offers quick responses and a workable approach to specific problem areas and provides sets of ideas from which a better understanding of the relevance and importance of these problem areas and decision-making techniques can be built. Apostle Professor Kwabena Agyapong-Koduah
Author: Christopher Grob Publisher: Springer ISBN: 3658233753 Category : Business & Economics Languages : en Pages : 140
Book Description
Inventory Management in Multi-Echelon Networks presents methods to plan inventory in distribution networks. By holistically looking at the supply chain, it shows how safety stocks across all echelons can be optimized if inventory of all levels is taken into consideration. The gap between the existence of advanced inventory planning methods and their low penetration in the industry was the motivation for this book. Christopher Grob develops essential algorithms that companies can use for network inventory planning and highlights achievable implementation benefits. The work of the author was inspired by the needs of an after sales supply chain of a large automotive company. This company supplies customers all over the world with spare parts and operates a distribution network with more than 100 warehouses. This supply chain faces two particular challenges: demand is highly uncertain and customers expect a high service level. About the Author Christopher Grob works in after sales supply chain management at a major German automotive company. He is responsible for the functional development of inventory planning systems for the spare parts business. He is an expert in the field of inventory management.
Author: Dennis H. Tootelian Publisher: Pharmaceutical Press ISBN: 0857110187 Category : Business & Economics Languages : en Pages : 461
Book Description
"Essentials of Pharmacy Management is an accessible introduction to management in an increasingly business-oriented environment. It provides a jump-start to leadership roles and career advancement. This textbook provides pharmacy students with an understanding of business processes used, and how those processes impact their practice of pharmacy in providing patient care. The material provides those who aspire to become managers in healthcare organizations with a foundation of how to manage in an environment that is focused on "the business of healthcare." For pharmacists who prefer not to move into management positions, the book explains how and why business decisions are made relative to practice."--Publisher.
Author: Max Muller
Author: R. Bhargava
Author: Max Muller
Author: James Andrews
Author: Antony Wild
Author: Richard E. Ward
Author: Joseph Mensah
Author: Christopher Grob
Author: Dennis H. Tootelian
Author: Marie A. Chisholm-Burns