Essentials of Inventory Management

Front Cover
AMACOM Div American Mgmt Assn, Apr 25, 2011 - Business & Economics - 272 pages
0 Reviews
Timeless stock keeping fundamentals meet up to the minute technologies to optimize efficiency and drive profits! Inventory management is about more than counting what youve got. Its about understanding business realities and making decisions that balance current demand with future needs¨while keeping overhead and operating costs to a minimum. Now in its Second Edition, Essentials of Inventory Management gives inventory professionals the information they need to maximize productivity in key areas, from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Perfect for novice and veteran managers alike, this ultra practical book covers topics such as: Forecasting and replenishment strategies Differences between retail and manufacturing inventories Materials requirements planning and just in time inventory systems Simple formulas for calculating quantities and schedules Management of inventory as a physical reality and a monetary value 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, this nontechnical yet thorough guide is perfect for both instructional and on the job use.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Chapter 1 Inventory as Both a Tangible and an Intangible Object
1
Chapter 2 Inventory as Money
17
Chapter 3 Physical Location and Control of Inventory
49
Chapter 4 Automatic Identification
93
Chapter 5 Planning and Replenishment Concepts
125
Chapter 6 Why Inventory Systems Fail and How to Fix Them
157
Chapter 7 Basics of Supply Chain Risk Management
213
Bibliography
241
Index
247
Copyright

Other editions - View all

Common terms and phrases

About the author (2011)

MAX MULLER has been an executive for a wide range of product distributors. His seminars throughout the United States, Canada, and the United Kingdom have drawn more than 100,000 attendees. His books include The Manager’s Guide to HR (978-0-8144-1076-9).

Bibliographic information