Inventory Management
Inventory Management

Author: John W. Toomey

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 227

ISBN-13: 1461543630

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The goal of Inventory Management will be to explain the dynamics of inventory management's principles, concepts, and techniques as they relate to the entire supply chain (customer demand, distribution, and product transformation processes). The interrelationships of all functions will be defined. The book concentrates on understanding the many ramifications of inventory management. In today's competitive business environment, inventory management has proven to be most critical, and this book is directed to the management of inventory to assist in better understanding the body of knowledge required to operate in a competitive world. Almost all functions such as sales, engineering, and accounting have an impact and are impacted by inventory management. The book will assist in the training of students as well as APICS CPIM (Certified in Production and Inventory Management) candidates. As such it will not only be a textbook, but also a desk reference for those employees responsible for controlling inventories, and thereby assist in reducing cost, improving customer service, and maximizing capacity. Each chapter concludes with a case study and suggested solution. The case studies tell the story of a growing company, Smith Industries, and the related inventory management problems it had to address. The problems addressed relate to the subject matter of the chapter.

Optimal Inventory Control and Management Techniques
Optimal Inventory Control and Management Techniques

Author: Mittal, Mandeep

Publisher: IGI Global

Published: 2016-03-29

Total Pages: 424

ISBN-13: 1466698896

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Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. Optimal Inventory Control and Management Techniques explores emergent research in stock management and product control within organizations. Featuring diverse perspectives on the implementation of various optimization techniques, genetic algorithms, and datamining concepts, as well as research on big data applications for inventory management, this publication is a comprehensive reference source for practitioners, educators, and researchers in the fields of logistics, operations management, and retail management.

Inventory Management
Inventory Management

Author: Geoff Relph

Publisher: Kogan Page Publishers

Published: 2015-07-03

Total Pages: 280

ISBN-13: 074947369X

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Effective inventory management can increase revenue, reduce costs, and improve cash flows. Endorsed by Institute of Operations Management and CILT, Inventory Management shows managers how to take control of their inventory system and ensure operations run smoothly. Looking beyond the complexity and theory of inventory management, Geoff Relph and Catherine Milner focus on the most important decisions managers need to make when managing inventory. They examine how inventory management should work, how to control it, and how to balance it, through their use of revolutionary k-curve methodology. They include case studies from various industries, looking at inventory management in diverse areas such as supermarkets and aerospace. Online resources include an appendix of figures, a chapter breakdown of figures and a bonus chapter about the supporting materials.

Inventory Management-principles and Practices.
Inventory Management-principles and Practices.

Author: P. Narayan

Publisher: Excel Books India

Published: 2009

Total Pages: 248

ISBN-13: 9788174465917

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The book Inventory Management Principles and Practices explains all the fundamental principles of Inventory Management. It starts with a definition of Inventory, why it is needed as well as not needed, what is its impact on a business, how do we classify them for ease of control and what are the various techniques of inventory control. Inventory is an outcome of procurement. So obviously, while studying inventories, the logic behind its procurement should be studied. Hence, chapters on Manufacturing Resources Planning have been added. Just-in-time principles and TQM are some more methods of achieving world-class manufacturing, so they have also been included here. In the present scenario, all activities are being computerized. So lessons on e-commerce as well as all the latest technologies that are affecting Inventory Management have been included. Chapters have been included on methods to handle specific classes of inventories such as spare parts inventory, finished goods inventory, work-in-process inventory, surplus, obsolete and non-moving inventory, etc. Logistics and supply chain management defines the path which a material takes in it s life through a company. So it was essential to include a chapter on it also. Keeping in mind the syllabus prescribed in the various universities on this subject, the chapters have been designed accordingly. A chapter has also been included on some motivational thoughts outlining some principles, which would help us to become successful in life. The principles outlined here are universal, applicable to any situation, organization or country.

Production and Inventory Control
Production and Inventory Control

Author: George W. Plossl

Publisher: Englewood Cliffs, N.J. : Prentice-Hall

Published: 1967

Total Pages: 458

ISBN-13:

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Management textbook on production planning and input output control, with particular reference to practices in the USA - covers forecasting, supply and demand factors, costs, the time factor, operational research and the use of EDP therein, etc., and includes a number of case studies and bibliographys.

Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques
Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques

Author: Shah, Nita H.

Publisher: IGI Global

Published: 2017-12-22

Total Pages: 672

ISBN-13: 1522532331

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Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.

Inventory and Production Management in Supply Chains
Inventory and Production Management in Supply Chains

Author: Edward A. Silver

Publisher: CRC Press

Published: 2016-12-19

Total Pages: 810

ISBN-13: 1466558628

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Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

INVENTORY MANAGEMENT
INVENTORY MANAGEMENT

Author: D. CHANDRA BOSE

Publisher: PHI Learning Pvt. Ltd.

Published: 2006-01-01

Total Pages: 168

ISBN-13: 9788120328532

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Inventory control is vitally important to almost any type of industry, whether product or service-oriented. Investments in raw materials, spare parts, work-in-progress and finished products are all critical costs of operations which if not controlled can lead to high capital costs, high operating costs, and decreased production efficiency. This book focuses on the problems of materials control in small-scale manufactur-ing industries. It explains how to optimize the available resources with a view to reducing material costs and achieving improved capital turnover. It also analyzes a few selected industries and critically reviews their performance in the area of inventory control. The book is designed as a text on inventory management for postgraduate students pursuing courses in commerce, management, and business studies. It is also suitable for all those studying for professional qualifications such as CA, ICWA, and CS.

Inventory Management
Inventory Management

Author: John W. Toomey

Publisher: Springer Science & Business Media

Published: 2000-06-30

Total Pages: 244

ISBN-13: 9780792383246

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This work, directed at management and employees responsible for controlling inventories, explains inventory management as it relates to the entire supply chain (customer demand, distribution and product transformation processes). Each chapter concludes with a case study and suggested solution.

Learn Our Efficient Inventory Management Techniques
Learn Our Efficient Inventory Management Techniques

Author: Ramesh Venkatachalam

Publisher: Blue Rose Publishers

Published: 2024-04-29

Total Pages: 27

ISBN-13:

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A stock or store of products is what is referred to as inventory. In order to satisfy customer expectations, these commodities are stored close to the business location. In most cases, the store needs to maintain finished goods inventory in order to fulfil client demand. Various causes, such as satisfying seasonal demand, addressing physical needs, serving a functional purpose, etc., lead to the holding of inventories.