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Essentials of Inventory Management

Amazon.com Price: $22.44 (as of 12/05/2019 17:21 PST- Details)

Categories: Books, Business and Money, Industrial, Management, Management and Leadership, Processes and Infrastructure, Production and Operations, Purchasing and Buying, Subjects

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Description

Timeless stock-keeping fundamentals meet up-to-the minute technologies to optimize efficiency and drive profits! Inventory management is about more than counting what you’ve were given. It’s about working out business realities and making decisions that balance current demand with long run needs—even as keeping overhead and operating costs to a minimum. Now in its Second Edition, Essentials of Inventory Management gives inventory professionals the tips they want to maximize productivity in key areas, from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Best possible 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 making plans 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, at hand tools, and a revised and expanded chapter analyzing “Why Inventory Systems Fail and The way to Fix Them,” this nontechnical yet thorough guide is Best possible for both instructional and on-the-job use.

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