Integrated Inventory Management
Integrated inventory management is a compelling approach that is driving many of the organizational changes in manufacturing today. This comprehensive manual covers the practical issues that must be dealt with when managing inventory. Author Paul Bernard, a systems manager for over 20 years and an active member of APICS, establishes the need for an inventory strategy that is integral to the business. Writing for practitioners, he provides a method for streamlining and connecting all aspects of inventory management, explaining how to implement projects, programs, and initiatives more effectively. Where other books on the subject address every aspect of inventory management as a stand-alone topic, Bernard describes each component in relation to all other aspects of the process, making inventory management more understandable from a practical perspective. Using his integral strategy concept, Bernard covers the translation of theory to practice throughout the book, with a heavy emphasis on tables, figures, and the unique inclusion of computer screens for illustration. Integrated Inventory Management is a thorough reference that offers even the most experienced professional a wealth of new information on the topic.
* Applicable to APICS' CIRM and CPIM certification questions.
* Provides actual company examples to illustrate the integral strategy.
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Having the Integral Strategy Choice
Establish a Business Case for Changing the Status Quo
Integral Strategy Development Methodology
12 other sections not shown
100 percent actual usage aisle Alpha Factor areas of integration AS/RS automated automatic average bar code bid spec bill of material calculated carrier carrying cost company's containerization count accuracy customer service level cycle counting Days Supply demand deviation dunnage Economic Order Quantity ensure environment equipment ergonomic example Figure forecast function handling host identifies implementation improvement inaccuracy independent-demand integral strategy inventory accuracy inventory level inventory management inventory strategy inventory system inventory turns issues K-Factor Kanban layout manufacturing Material Requirements Planning maximum Mean Absolute Deviation methodologies month operator order quantity ordering costs packing slip pallet performance period personnel planner planning production purchase rack receipt replenishment retrieval safety stock service schedule simple number specific standard stock balance stock service percent stock-out storage location supplier Table target tion transaction unit load ventory workstation