Inventory Management with Alternative Delivery Times

Inventory Management with Alternative Delivery Times

Author: Xiaoying Liang

Publisher: Springer

Published: 2016-11-24

Total Pages: 110

ISBN-13: 3319486357

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This book develops a modeling framework to analyze the problem of inventory management with alternative delivery times. The general context considered here is that a seller replenishes its inventory in fixed intervals and, between replenishments, allocates the limited inventory to satisfy customers who are both price and delivery-time sensitive. On the demand side, customers have heterogeneous delivery-time requirements and choose either spot or late delivery. This theoretical modeling captures the essence of real-world business practices such as the delivery time market segmentation strategy adopted by automobile dealerships in China and many other similar examples. The book focuses on the seller’s optimal inventory replenishment and demand fulfillment policies, and our results provide managerial insights into the merits of flexible delivery-time options. Similar applications such as the group-buying mechanism are also examined. The main mathematical tool used in theoretical analysis is dynamic programming. This book is written for students, researchers, and practitioners in the areas of operations management and industrial engineering who are interested in understanding the rationale of flexible delivery times and designing successful applications.


Neutrosophic Sets and Systems, Vol. 44, 2021. Special issue: Impact of neutrosophy in solving the Latin American's social problems

Neutrosophic Sets and Systems, Vol. 44, 2021. Special issue: Impact of neutrosophy in solving the Latin American's social problems

Author: Florentin Smarandache

Publisher: Infinite Study

Published:

Total Pages: 475

ISBN-13:

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This special issue reflects the impact of neutrosophic theory in Latin America, especially after creating the Latin American Association of Neutrosophic Sciences. Among the areas of publication most addressed in the region are found in the interrelation of social sciences and neutrosophy, presenting outstanding results in these research areas. The main objective of this special issue is to divulge the impact publication related to the Neutrosophic theory and explore new areas of research and application in the region. The SI reflects the influence of the neutrosophic publications in Latin America by opening new research areas mainly related to Neutrosophic Statistics, Plithogeny, and NeutroAlgebra. Furthermore, it is worth mentioning the incorporation of authors from new countries in the region, such as Paraguay, Uruguay, and Panama, to have authors in total from 15 countries, 12 of them from the Latin American region.


Strategic Supply Chain Management in Process Industries

Strategic Supply Chain Management in Process Industries

Author: Reinhard Hübner

Publisher: Springer Science & Business Media

Published: 2007-06-13

Total Pages: 250

ISBN-13: 3540721827

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Practitioners in process industry have to increasingly adapt their global production networks to changes in the competitive environment. A majority of the supply network design models proposed by academia do not sufficiently capture the questions that have to be resolved. This book provides the necessary operations research decision support tools. It builds on an example of the specialty chemicals industry.


Exploring Supply Chain Management in the Creative Industries

Exploring Supply Chain Management in the Creative Industries

Author:

Publisher: Emerald Group Publishing

Published: 2005

Total Pages: 77

ISBN-13: 1845448138

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SCM is a rapidly emerging paradigm that is transforming the organisation of business operations as firms seek ever new and innovative ways of finding the elusive mantra of competitive advantage. Little work to date has been undertaken on the creative sector. This e-book hopes to address this, by offering some interesting and informative exploratory work in different areas of the sector. One aim was to offer some insights and lessons that could be drawn on by the wider business community.


Best Practice in Inventory Management

Best Practice in Inventory Management

Author: Tony Wild

Publisher: Routledge

Published: 2007-06-01

Total Pages: 278

ISBN-13: 1136426353

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Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice. The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations. The text is based on best theory and practice, which has been gradually developed by the inventory management profession over the years. It covers the inventory control aspects included in the courses for the DPIM, COM, DLM, CPIM and other professional and academic qualifications. Readers develop their understanding of stock control by seeing the techniques explained logically and learn how inventory structuring, individual item control, forecasting and co-ordination provide the base for logistics management. This new edition has been up-dated throughout and the final chapter, The Future - Inventory and Logistics, has been re-written to reflect the developing applications of technology and changes in focus.


Best Practice in Inventory Management

Best Practice in Inventory Management

Author: Antony Wild

Publisher: Routledge

Published: 2002

Total Pages: 278

ISBN-13: 0750654589

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Covering both the principles and practice of stock control, Antony Wild's guide presents practical ideas for businesses that need to improve their control and reduce their excessive inventories.


Operations and Process Management

Operations and Process Management

Author: Nigel Slack

Publisher: Pearson UK

Published: 2018-02-13

Total Pages: 542

ISBN-13: 1292176180

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Written by best-selling authors in their field, the fifth edition of Operations and Process Management inspires a critical and applied mastery of the core principles and process which are fundamental to successfully managing business operations. Approaching the subject from a managerial perspective, this innovative text provides clear and concise coverage of the nature, principles, and practice of operations and process management.


Green and Lean Management

Green and Lean Management

Author: Carolina Machado

Publisher: Springer

Published: 2016-10-12

Total Pages: 233

ISBN-13: 3319449095

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This book focusses on the challenges and changes organizational management faces in an era when the need to develop environmentally aware processes meets high levels of competition. It covers the synergetic effects, how re-use, recycling, waste reduction, and other sustainable production strategies can add value, low costs and time of production. Sustainable business behavior is not only an environmental perspective on management, but more and more contains an organizational perspective. Taking into account these issues, green and lean management appears as the way managers can drive their employees to continuously improve the management processes that add value to the organization and costumers. This book provides information on principles, strategies, models, and applications of green and lean management, and at the same time communicates the latest research activity relating to this scientific field world-wide.


Using Microsoft Dynamics AX

Using Microsoft Dynamics AX

Author: Andreas Luszczak

Publisher: Springer

Published: 2016-07-28

Total Pages: 453

ISBN-13: 3658136227

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This book provides precise descriptions and instructions which enable users, students and consultants to understand Microsoft Dynamics AX rapidly. Microsoft offers Dynamics AX as its premium ERP solution, supporting large and mid-sized organizations with a complete business management solution which is easy to use. Going through a simple but comprehensive case study, this book provides the required knowledge to handle all basic business processes in Dynamics AX. Exercises are there to train the processes and functionality, also making this book a good choice for self-study.