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Improving Inventory Record Accuracy

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Improving Inventory Record Accuracy

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Author : Tony Wild
language : en
Publisher: Routledge
Release Date : 2012-11-12

Improving Inventory Record Accuracy written by Tony Wild and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-12 with Business & Economics categories.

Record accuracy has become the focus of attention for many businesses because customers have higher expectations of the right item being delivered on time, and competitive pressures do not allow for extra stockholding. Businesses now have the opportunity to become much more effective given the correct information, the development of better communication and integration of systems. For inventory management, the pressure for most companies is to become more efficient and hold less inventory. The accuracy of data has gradually been emerging in importance. The systems only work if the data is correct and with the introduction of integrated data, there are wide ranging repercussions for businesses that draw conclusions and make decisions based on inaccurate records. Where there is a lot of data, there is the opportunity for many and large errors. This is often the case with inventory: many items, large varieties of different items, and fast changing inventory. Measuring how much there is becomes a challenge in many businesses such as consumer retailing and manufacturing processes where inventory changes so rapidly. With large warehouses there is also the risk of inaccurate recording so that items are not there or not in the right place. Improving Inventory Record Accuracy initially discusses how to quantify the problem, set sensible targets for improvement and how to make the case for doing something to improve accuracy. The book then discusses why inventory records do go wrong and how to rectify the major causes of error. Finally the book illustrates the techniques with which everyone can make their records very accurate. This is a practical book that solves a practical problem and shows the ways to improve record accuracy. Tony Wild has amassed many techniques over the years, has tried them out in practice and he presents them here in an accessible style for professional managers in logistics and stock control, retail/wholesale distribution. The book is also intended for use by students on Institute of Operations Management Certificate, DPIM, CPIM and DLM courses.

Improving Inventory Record Accuracy

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Author : Antony Wild
language : en
Publisher: Routledge
Release Date : 2004

Improving Inventory Record Accuracy written by Antony Wild and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.

Measuring how much there is becomes a challenge in many businesses such as consumer retailing and manufacturing processes where inventory changes so rapidly. With large warehouses there is also the risk of inaccurate recording so that items are not there or not in the right place. Improving Inventory Record Accuracy initially discusses how to quantify the problem, set sensible targets for improvement and how to make the case for doing something to improve accuracy. The book then discusses why inventory records do go wrong and how to rectify the major causes of error. Finally the book illustrates the techniques with which everyone can make their records very accurate. This is a practical book that solves a practical problem and shows the ways to improve record accuracy.-

Inventory Record Accuracy

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Author : Roger B. Brooks
language : en
Publisher: John Wiley & Sons
Release Date : 2008-03-31

Inventory Record Accuracy written by Roger B. Brooks and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-03-31 with Business & Economics categories.

Praise for INVENTORY RECORD ACCURACY "This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems." -Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation "Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy." -John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems "Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach." -Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc. "Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers." -Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia

Inventory Record Accuracy

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Author : Roger B. Brooks
language : en
Publisher: John Wiley & Sons
Release Date : 2007-07-27

Improved Inventory Management Could Provide Substantial Economies For The Army

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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1975

Improved Inventory Management Could Provide Substantial Economies For The Army 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 1975 with Inventories categories.

Military Supply Systems 1969

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Author : United States. Congress. House. Government Operations
language : en
Publisher:
Release Date : 1970

Military Supply Systems 1969 written by United States. Congress. House. Government Operations and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with categories.

Managing Logistics Systems

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Author : John M. Longshore
language : en
Publisher: Routledge
Release Date : 2022-06-09

Managing Logistics Systems written by John M. Longshore and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-06-09 with Business & Economics categories.

This textbook introduces logistics from a broad perspective to include all activities throughout the product and service life cycle pertaining to supply chain and logistics management, the physical supply and distribution of products, and the corresponding maintenance and support. It recognizes the mutual interdependence of the major functional areas of the organization including marketing, production, and finance. The emphasis throughout the text is on logistics in the context of a total business system design process. It views the business as a "system", managing logistics within that system, and thus transforming their Supply Chain. Pedagogy to aid learning is incorporated throughout every chapter, with chapter objectives, case studies, and concept checks. This text is intended for both upper-level undergraduate and lower-level graduate students in both Business and Engineering on logistics and supply chain tracks. It can also serve as a reference for practitioners actively engaged in day-to-day management of logistics and supply chain activities. Supplementary online resources include an instructors’ manual, chapter-by-chapter PowerPoint slides, glossary, and a test bank of exam questions.

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.

Military Supply Systems 1969

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Author : United States. Congress. House. Committee on Government Operations. Military Operations Subcommittee
language : en
Publisher:
Release Date : 1970

Military Supply Systems 1969 written by United States. Congress. House. Committee on Government Operations. Military Operations Subcommittee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1970 with Logistics categories.

Inventory Management

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Author : United States. General Accounting Office
language : en
Publisher:
Release Date : 1988

Inventory Management 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 1988 with Inventory control categories.

Improving Inventory Record Accuracy

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