Inventory Management Volume 2
Inventory Management Volume 2

Author: Pete Kornafel

Publisher: AuthorHouse

Published: 2020-10-04

Total Pages: 177

ISBN-13: 1728370965

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Inventory Management Vol. 2 updates some topics in Pete Kornafel’s Inventory Management and Purchasing book published in 2004. The original book is still in print, and much of it is still “best practice” for forecasting and purchasing inventory for hard goods distributors. This Vol. 2 book includes new material on SKU level forecasting with the addition of external data, a big new section on store assortment planning, some “best practice” techniques for managing special situations such as multiple sources, hub-spoke store networks, promotions, category management and supply chain collaboration. All the content is of my own design with what I feel is “best practice” in each of these areas. And this Vol. 2 has some observations about the future of the automotive aftermarket in the U.S. This includes the impact of the Covid-19 pandemic in the (hopefully) short term, and some longer-term factors that will, over time, profoundly change the aftermarket.

Essentials of Inventory Management
Essentials of Inventory Management

Author: Max Muller

Publisher: AMACOM Div American Mgmt Assn

Published: 2011

Total Pages: 272

ISBN-13: 0814416551

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Does inventory management sometimes feel like a waste of time? Learn how to maximize your inventory management process to use it as a tool for making important business decisions.

The Definitive Guide to Inventory Management
The Definitive Guide to Inventory Management

Author: Matthew A. Waller

Publisher: Pearson Education

Published: 2014

Total Pages: 208

ISBN-13: 0133448827

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Inventory management is a critical component of supply chain management, addressing how much inventory should be carried across the supply chain, where to carry it, and how much safety stock is required to meet the organization's cost and customer service objectives. Now, there's an authoritative and comprehensive guide to best-practice inventory management in any organization. Authored by world-class experts in collaboration with the Council of Supply Chain Management Professionals (CSCMP), this text gives students and practitioners a thorough understanding of each leading approach to managing supply chain inventories, and the variables that drive decisions about inventory levels. It discusses the fundamental need for inventory, how product value affects inventory decisions, how to determine inventory levels, how the number of inventory locations affects inventory levels, and new approaches to reducing inventory. Coverage includes: Basic inventory management goals, roles, concepts, purposes, and terminology, including periodic inventory, perpetual inventory, safety stock, cycle count, ABC analysis, carrying and stockout costs, and more Key inventory management elements, processes, and interactions Principles/strategies for establishing efficient and effective inventory flows The critical role of technology in inventory planning and management New approaches to reducing inventory including postponement, vendor-managed inventories, cross-docking, and quick response systems Understanding essential trade-offs between inventory and transportation costs, including the impact of carrying costs Requirements and challenges of global inventory management Best practices for assessing inventory management performance using standard metrics and frameworks

Production & Inventory Management
Production & Inventory Management

Author: Donald W. Fogarty

Publisher: Cengage Learning

Published: 1991

Total Pages: 890

ISBN-13:

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This book provides an excellent source for professionals preparing for professional certification examinations. This new edition has been significantly reorganizsed to reflect more closely the organisation of professional certification exams. Discussion follows the step-by-step decision-making process, including topics such as: establishment of management objectives, long-, medium-, and short-range planning, execution, and control. It also features increased emphasis on tactical and technological considerations.

Best Practice in Inventory Management
Best Practice in Inventory Management

Author: Tony Wild

Publisher: Routledge

Published: 2017-11-02

Total Pages: 389

ISBN-13: 135186534X

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Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple "number crunching" and mathematical modelling. This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.

Inventory Management Explained
Inventory Management Explained

Author: David J. Piasecki

Publisher: Ops Publishing

Published: 2009-01-01

Total Pages: 341

ISBN-13: 9780972763110

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Inventory Management isn't easy. If it were, more companies would be good at it. But being competent at managing your inventory isn't all that difficult either. Inventory Management Explained helps readers build a solid understanding of the key planning aspects of inventory management. It does this by clearly explaining what inventory management is, but then goes well beyond typical inventory management books by tearing apart the calculations and logic we use in inventory management and exposing the hidden (or not so hidden) flaws and limitations. It then builds on this by showing readers how they can use their understanding of inventory management and their specific business needs to modify these calculations or develop their own calculations to more effectively manage their inventory. The emphasis on practical solutions means readers can actually use what they've learned.For those new to inventory management, the author includes highly detailed explanations and numerous examples. Instead of archaic mathematical syntax, the author explains the calculations in plain English and uses Excel formulas and spreadsheet examples for many of them.For the experienced practitioner, the author provides insights and a level of detail they likely have not previously experienced. Overall, Inventory Management Explained does actually explain inventory management, and in doing so, exposes the good, the bad, and the ugly aspects of it. But more importantly, it leaves the readers knowing enough to be able to start making smart decisions about how they manage their inventory.

Inventory Analytics
Inventory Analytics

Author: Roberto Rossi

Publisher: Open Book Publishers

Published: 2021-05-24

Total Pages: 184

ISBN-13: 180064177X

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Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for deterministic inventory control. It further discusses predictive analytics techniques for demand forecasting in inventory control and also examines prescriptive analytics models for stochastic inventory control. Inventory Analytics is the first book of its kind to adopt a practicable, Python-driven approach to illustrating theories and concepts via computational examples, with each model covered in the book accompanied by its Python code. Originating as a collection of self-contained lectures, Inventory Analytics will be an indispensable resource for practitioners, researchers, teachers, and students alike.

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.

Planning Production and Inventories in the Extended Enterprise
Planning Production and Inventories in the Extended Enterprise

Author: Karl G Kempf

Publisher: Springer Science & Business Media

Published: 2011-03-23

Total Pages: 592

ISBN-13: 1441981918

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In two volumes, Planning Production and Inventories in the Extended Enterprise: A State of the Art Handbook examines production planning across the extended enterprise against a backdrop of important gaps between theory and practice. The early chapters describe the multifaceted nature of production planning problems and reveal many of the core complexities. The middle chapters describe recent research on theoretical techniques to manage these complexities. Accounts of production planning system currently in use in various industries are included in the later chapters. Throughout the two volumes there are suggestions on promising directions for future work focused on closing the gaps. Included in Volume 1 are papers on the Historical Foundations of Manufacturing Planning and Control; Advanced Planning and Scheduling Systems; Sustainable Product Development and Manufacturing; Uncertainty and Production Planning; Demand Forecasting; Production Capacity; Data in Production and Supply Chain Planning; Financial Uncertainty in SC Models; Field Based Research in Production Control; Collaborative SCM; Sequencing and Coordination in Outsourcing and Subcontracting Operations; Inventory Management; Pricing, Variety and Inventory Decisions for Substitutable Items; Perishable and Aging Inventories; Optimization Models of Production Planning Problems; Aggregate Modeling of Manufacturing Systems; Robust Stability Analysis of Decentralized Supply Chains; Simulation in Production Planning; and Simulation-Optimization in Support of Tactical and Strategic Enterprise Decisions. Included in Volume 2 are papers on Workload and Lead-Time Considerations under Uncertainty; Production Planning and Scheduling; Production Planning Effects on Dynamic Behavior of A Simple Supply Chain; Supply and Demand in Assemble-to-Order Supply Chains; Quantitative Risk Assessment in Supply Chains; A Practical Multi-Echelon Inventory Model with Semiconductor Application; Supplier Managed Inventory for Custom Items with Long Lead Times; Decentralized Supply Chain Formation; A Cooperative Game Approach to Procurement Network Formation; Flexible SC Contracts with Options; Build-to-Order Meets Global Sourcing for the Auto Industry; Practical Modeling in Automotive Production; Discrete Event Simulation Models; Diagnosing and Tuning a Statistical Forecasting System; Enterprise-Wide SC Planning in Semiconductor and Package Operations; Production Planning in Plastics; SC Execution Using Predictive Control; Production Scheduling in The Pharmaceutical Industry; Computerized Scheduling for Continuous Casting in Steelmaking; and Multi-Model Production Planning and Scheduling in an Industrial Environment.