Improving Inventory Control For Slow Moving Spare Parts

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Improving Inventory Control For Slow Moving Spare Parts

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Author : Jie Zhu
language : en
Publisher:
Release Date : 2003

Improving Inventory Control For Slow Moving Spare Parts written by Jie Zhu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.

Smart Inventory Solutions

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Author : Phillip Slater
language : en
Publisher: Industrial Press Inc.
Release Date : 2010

Smart Inventory Solutions written by Phillip Slater and has been published by Industrial Press Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.

Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! Features The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary.

Inventory Control System Of Slow Moving Spare Parts

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Author :
language : en
Publisher:
Release Date : 1979

Inventory Control System Of Slow Moving Spare Parts written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with categories.

Best Practice In Inventory Management

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Author : Antony Wild
language : en
Publisher: Wiley-Interscience
Release Date : 1997

Best Practice In Inventory Management written by Antony Wild and has been published by Wiley-Interscience this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.

A groundbreaking, up-to-date look at the Best Practice in Inventory Management "This book is aimed to show how good inventory control can be used in practice. It is a result of working continuously on inventory control with a large number of companies over many years. It contains the distilled techniques which have been tried out and proved to work. . . . [It] is a driver's manual of inventory controllers. It will cover the working of the engine (how inventory control techniques work), how to use the controls (what the techniques do and how to manage them), and how to get the best out of the vehicle (how to optimize inventory). Understand the text and it will show the way to guaranteed improved inventory control, reduced stock levels, and higher availability."—from the Preface "The development of inventory management is a dynamic activity, with new approaches being made, techniques being refined, and new challenges being met. . . . It is imperative that [these] challenges are met, since continuing competitiveness is based on ever-improving customer service and ever-reducing inventory costs."—from the text As a vital function of an organization's operational structure, effective inventory management is key to improving a company's customer service, cash flow, and ultimately, its profitability margin. While it may sound simple, it is, in fact, far more complex than most managers perceive, requiring very specific knowledge and understanding. It is based upon a framework of unique tools and techniques essential to achieving complete success. Best Practice in Inventory Management gives you these essentials, with in-depth coverage of the latest practices in the field. The book delivers a wealth of solid solutions for lowering inventory overhead, bettering customer relations, and increasing productivity and performance. An ideal reference for APICS certification candidates, as well as participants in training programs, this authoritative resource outlines basic techniques, describes how and where to apply them, and explains how to ensure their effective implementation. The techniques are placed within the context of stores operations, which can be applied in a variety of situations, from manufacturing and distribution to warehousing, consumable stores, and spares and service. Best Practice in Inventory Management follows a logical progression, beginning with targets and moving forward through inventory structuring, individual item control, and coordination. In the process, it probes cutting-edge strategies, including Pareto analysis, Just in Time (JIT), and Material Requirements Planning (MRP), and offers a rational approach to the risks of stockouts. Aided by a host of new applications, practical methods, and real-world examples, you'll learn to implement a variety of processes vital to inventory structure and control. From effective stock monitoring to forecasting, setting, and assessing stock level guidelines, this book outlines the crucial steps in having suitable product available at an acceptable price and within a reasonable timescale.

Periodic Review Inventory Control Model For Slow Moving Spare Parts

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Author : Muhammad A. Razi
language : en
Publisher:
Release Date : 1999

Periodic Review Inventory Control Model For Slow Moving Spare Parts written by Muhammad A. Razi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Inventory control categories.

Improving Spare Parts Inventory Management

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Author : Yi Linn Teo
language : en
Publisher:
Release Date : 2013

Improving Spare Parts Inventory Management written by Yi Linn Teo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with Inventory control categories.

A Maintenance Inventory Control Model For Slow Moving Critical Spare Parts

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Author : Susan Thornton Wilson
language : en
Publisher:
Release Date : 1986

A Maintenance Inventory Control Model For Slow Moving Critical Spare Parts written by Susan Thornton Wilson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Inventory control categories.

Abstract.

Handbook Of Research On Promoting Business Process Improvement Through Inventory Control Techniques

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Author : Shah, Nita H.
language : en
Publisher: IGI Global
Release Date : 2017-12-22

Handbook Of Research On Promoting Business Process Improvement Through Inventory Control Techniques written by Shah, Nita H. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-22 with Business & Economics categories.

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.

Amtrak S Inventory And Property Controls Need Strengthening

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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1979

Amtrak S Inventory And Property Controls Need Strengthening written by United States. General Accounting Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1979 with Railroads categories.

Inventory Management Controlling In A Fluctuating Demand Environment

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Author : R. S. Saxena
language : en
Publisher: Global India Publications
Release Date : 2009-12

Inventory Management Controlling In A Fluctuating Demand Environment written by R. S. Saxena and has been published by Global India Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12 with Business logistics categories.

This book is for the inventory control practitioner.WIth the techniques described many people have been able to manage their stock of inventory so that their customers are happier and so are the accountants. The reduction of inventory value, the avoidance of unnecessary work and the improvement of customer service can be accomplished at the sam time through simple application of the techniques discussed. Inventory practitioners should be able to use this book to understand the best approaches and then to apply them to their own circumstances. Simple application of the methods is most succesful, while modifications usually result in less effective outcomes.