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Author: Phillip Slater Publisher: Industrial Press Inc. ISBN: 9780831134013 Category : Business & Economics Languages : en Pages : 276
Book Description
Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary. Introduction to Smart Inventory Solutions The Mechanics of Inventory Management The Financial Impact of Inventory People and Processes. Policies & Procedures Issues, Myths and a Few Home Truths The Spare Parts Storeroom The 7 Actions for Inventory Reduction Inventory Process Optimization Executions: Taking Action to Achieve Results Case Studies Where to From Here? Bibliography Appendix A: Materials and Inventory Management Glossary Appendix B: Data Collection Questions Index
Author: Phillip Slater Publisher: Industrial Press Inc. ISBN: 9780831134013 Category : Business & Economics Languages : en Pages : 276
Book Description
Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary. Introduction to Smart Inventory Solutions The Mechanics of Inventory Management The Financial Impact of Inventory People and Processes. Policies & Procedures Issues, Myths and a Few Home Truths The Spare Parts Storeroom The 7 Actions for Inventory Reduction Inventory Process Optimization Executions: Taking Action to Achieve Results Case Studies Where to From Here? Bibliography Appendix A: Materials and Inventory Management Glossary Appendix B: Data Collection Questions Index
Author: Phillip Slater Publisher: ISBN: 9780831133214 Category : Engineering Languages : en Pages : 0
Book Description
"Smart Inventory Solutions shows you, step-by-step, the process to follow, the mistakes to avoid, and a sure-fire approach that minimizes your workload. In fact, you'll learn how to generate better results from your reduced inventory. This approach is ideal for all 'bought in' inventories such as parts and components, finished goods, OEM spares, MRO inventory, engineering spares and industrial supplies. You'll learn an approach that has been reviewed and adopted by companies such as: a major aluminium miner and processor; a major packaging company; a Korean equipment manufacturer; a steel blast furnace and steel works; an industrial valve and fitting distributor; an international bearing manufacturer and distributor; a pump manufacturer; a consumer plastics company; a scientific instruments developer; a laboratory instrument importer; an industrial chemicals processor; an international beverage company; an international toy manufacturer; and an auto parts distributor." - back cover.
Author: Phillip Slater Publisher: ISBN: 9780831102326 Category : Business & Economics Languages : en Pages : 275
Book Description
Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that.
Author: Phillip Slater Publisher: ISBN: 9780831136086 Category : Technology & Engineering Languages : en Pages : 0
Book Description
Overview No previous works have focused on the topic of inventory reduction and optimization to the extent that this one does. Spare Parts Inventory Management: A Complete Guide to Sparesology(tm) by Philip Slater covers the whole part's life cycle, from initial purchase to final disposal, and addresses issues throughout, including maintenance, repair, and overhaul (MRO). The author, Phillip Slater, was described in a recent podcast as "truly one of the leaders in the MRO information segment." Sparesology is a term coined by Slater to describe the discipline of optimizing the physical, financial, and human resource management processes of spare parts inventory management. Sparesology is much more than just inventory optimization. It involves an understanding of the complete "ecosystem," within which the spare parts inventory is managed, and seeks to ensure that all of the factors influencing this management work together to achieve an organization's goals.
Author: Joel Levitt Publisher: Industrial Press Inc. ISBN: 9780831133894 Category : Business & Economics Languages : en Pages : 464
Book Description
Now thoroughly updated to include advances in technology and thinking, this comprehensive and easy-to-understand resource provides a short review of all the major discussions going on in the management of the maintenance function.
Author: City of London College of Economics Publisher: City of London College of Economics ISBN: Category : Education Languages : en Pages : 1061
Book Description
Overview Do you want to become a Logistics and/or Inventory Manager? Content - Benchmarking Logistics Performance - Distribution - International Logistics - Controlling Logistics Costs - Logistics Management and Strategy - Software and Technology - Warehouse Management - Inventory Reduction Strategies: Insights from the Pros - Inventory Reduction Strategies: IOMA Readers Report – What Works - Inventory Reduction Strategies: Case Studies of Success - Technology/Computers/Software - Purchasing/Supplier Issues/Vendor Managed Inventory - Audits and Physical Inventory/Accuracy - Benchmarks - New Inventory Management Products, Services, and Ideas - Best Inventory Management Tips - E-Purchasing/E-Supply Chain etc. Duration 6 months Assessment The assessment will take place on the basis of one assignment at the end of the course. Tell us when you feel ready to take the exam and we’ll send you the assignment questions. Study material The study material will be provided in separate files by email / download link.
Author: Institute of Management and Administration (IOMA) Publisher: John Wiley & Sons ISBN: 047120935X Category : Business & Economics Languages : en Pages : 1059
Book Description
Practical, easy-to-implement advice on the most successful logistics management techniques being used today--from selecting the best carriers, setting logistics performance goals, and planning logistics strategies, to streamlining shipping and receiving and slashing logistics costs, and negotiating and managing third party logistics service providers.
Author: Eugene C. Moncrief Publisher: ISBN: 9780831132286 Category : Business & Economics Languages : en Pages : 0
Book Description
Covering stocking theory and practice, this compilation of the best techniques and practices for optimizing MRO inventory offers numerous case studies showing the best--and the not-so-best--ways to improve plant inventory performance. Based on practical solutions to everyday inventory problems, it uses simple but useful metrics for setting and monitoring goals.
Author: Evan L. Porteus Publisher: Stanford University Press ISBN: 9780804743990 Category : Business & Economics Languages : en Pages : 330
Book Description
This book has a dual purpose?serving as an advanced textbook designed to prepare doctoral students to do research on the mathematical foundations of inventory theory, and as a reference work for those already engaged in such research. All chapters conclude with exercises that either solidify or extend the concepts introduced.
Author: Dr. Indira Prakash, Aroon Prakash & Hareen Prakash Publisher: Blue Diamond Publishing ISBN: Category : Languages : en Pages : 214
Book Description
This book will help individuals and organizations, institutions who are highly committed, tenacious and resilient self-starter and are able to quickly understand a client’s needs to enable and organize resources to satisfy the requirements in a easy and prompt way. On a personal level, this book is open to any situations that is challenging and which tests abilities with work colleagues. The reader could develop a reputation as being a fast learner, who is independent, organized still a computer savvy. While doing my Ph.D. on the subject of Inventory Management, I had to run from post to pillar to get reference books on the Inventory Management at the front desk of any book shop. Online shopping of books on the subject matter were so dearer while the activities covered under the basic thumb rule of this topic was very indispensable for any organization or for any group of people to do any activity having some purpose to achieve. While going through the learning phase of my updating of knowledge, I felt a very hard necessity to bring upon some simple way of explaining the hardest subject, which though we do but does not know the importance and reasoning of why and what of our duties and responsibilities. Through this book, I share with you my take on “INVENTORY MANAGEMENT” is not only a cup of tea of any big Multi National Industry but also is a need for a House wife. There is nothing like Inventory is ‘GOOD’ or ‘BAD’. Keeping Inventory is a commitment for uninterrupted activity, while it can be “GOOD’ when it fulfill your work flow continuity, while it can be “BAD’, when it requires you to go “of” and work to get it rid. To express the hardcore of “INVENTORY MANAGEMENT”, ONE HAS TO ROMANCE WITH INVENTORY. So, having an INVENTORY STOCK CAN BE DIVIDED AS FOLLOWS
Author: Phillip Slater
Author: Phillip Slater
Author: Phillip Slater
Author: Phillip Slater
Author: Phillip Slater
Author: Joel Levitt
Author: City of London College of Economics
Author: Institute of Management and Administration (IOMA)
Author: Eugene C. Moncrief
Author: Evan L. Porteus
Author: Dr. Indira Prakash, Aroon Prakash & Hareen Prakash