Inventory Planning With Innovation
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Inventory Planning With Innovation
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Author : Sanjay Sharma
language : en
Publisher: CRC Press
Release Date : 2021-03-24
Inventory Planning With Innovation written by Sanjay Sharma and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-24 with Technology & Engineering categories.
Inventory Planning with Innovation: A Cost Focus discusses inventory planning concepts with major emphasis on innovation to reduce cost in a single volume. Provides an understanding of innovation efforts and linking it with inventory planning in reducing cost. Offers various factors influencing innovation efforts, knowledge of investment or expenditure that might be estimated before starting the innovation efforts, purchase inventory, and the manufacturing inventory. Covers important concepts including innovation efforts, strategic period, procurement inventory, total cost estimation, production inventory, related total cost planning, multiple products, multiple items procurements, and multiple items manufacture. This reference is primarily written for senior undergraduate, graduate students, and professionals in the field of industrial engineering, production engineering, and manufacturing science.
Scm Innovation For Business Globalization Based On Coupling Point Inventory Planning
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Author : Koshichiro Mitsukuni
language : en
Publisher:
Release Date : 2006
Scm Innovation For Business Globalization Based On Coupling Point Inventory Planning written by Koshichiro Mitsukuni and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
Inventory Classification Innovation
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Author : Russell Broeckelmann
language : en
Publisher: CRC Press
Release Date : 1998-10-28
Inventory Classification Innovation written by Russell Broeckelmann and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-10-28 with Business & Economics categories.
All Inventory is not created equal. Inventory classification is the backbone of distribution profitability. Important inventory management criteria such as customer service level, margin, days supply and EOQ can not be applied across the board by vendor or product category. Therefore, different types of items must be managed differently. Inventory Classification Innovation: Paving the Way for Electronic Commerce and Vendor Managed Inventory takes a quantum leap forward and explores inventory classification techniques used successfully in large multi-branch distribution for over 25 years. In his book Broeckelmann develops the innovative concepts of Type and Stock Code classifications. Type classification is based on the fundamental characteristics of an SKU - Cost and Demand. The author details a proven method of segmenting inventory by cost and demand to recognize the difference in SKUs; thereby allowing appropriate classification and the ability to treat different SKUs differently. Type allows implementation of the important inventory management criteria to classes of items that are homogeneous, independent of vendor or product category. Stock Code deals with the quantitative/subjective differences of how a product could be purchased and distributed in a multi-branch environment. Stock Code ignores vendor and product categories and allows purchasing and distribution based on item fundamentals such as 'required inventory' and 'central warehouse stock only', etc. Timing is critical. Don't rely on ineffective ABC methods, or worse try to reinvent the wheel for e-commerce. This book presents a new and unique method for inventory management and pricing matrix development to meet the needs of the virtual marketplace. You will find the techniques to start thinking beyond the one-size-fits-all approach of the ABC Inventory Method, and begin using the innovative Type & Stock Method. Inventory Classification Innovation truly paves the way for electronic commerce and Vendor Managed Inventory.
Inventory Management
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Author : Mohamad Y. Jaber
language : en
Publisher: CRC Press
Release Date : 2009-08-11
Inventory Management written by Mohamad Y. Jaber and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-11 with Business & Economics categories.
As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to depe
Distribution
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Author : David F. Ross
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Distribution written by David F. Ross and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Technology & Engineering categories.
It has been said that every generation of historians seeks to rewrite what a previous generation had established as the standard interpretations of the motives and circumstances shaping the fabric of historical events. It is not that the facts of history have changed. No one will dispute that the battle of Waterloo occurred on June 11, 1815 or that the allied invasion of Europe began on June 6, 1944. What each new age of historians are attempting to do is to reinterpret the motives of men and the force of circumstance impacting the direction of past events based on the factual, social, intellectual, and cultural milieu of their own generation. By examining the facts of history from a new perspective, today's historians hope to reveal some new truth that will not only illuminate the course of history but also validate contempo rary values and societal ideals. Although it is true that tackling the task of developing a new text on logistics and distribution channel management focuses less on schools of philosophical and social analysis and more on the calculus of managing sales campaigns, inventory replenishment, and income statements, the goal of the management scientist, like the historian, is to merge the facts and figures of the discipline with today's organizational, cultural, and economic realities. Hopefully, the result will be a new synthesis, where a whole new perspective will break forth, exposing new directions and opportunities.
Journal Of Operations Management
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Author :
language : en
Publisher:
Release Date : 1980
Journal Of Operations Management written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with categories.
Manufacturing Planning And Inventory Control
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Author : Matt Drake
language : en
Publisher:
Release Date : 2014-03-15
Manufacturing Planning And Inventory Control written by Matt Drake and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-15 with Business & Economics categories.
In recent years both business and consumer customers have increased their demands on suppliers with respect to the desire for customized products and services and shorter lead times. Suppliers must find a way to satisfy these increasing demands in a cost effective way. The main challenge is to ensure supply availability while keeping inventory costs low. Many firms have been able to maintain their competitive position in the global marketplace by streamlining their manufacturing processes and employing innovative inventory control strategies to minimize inventory investment. The success of these strategies requires internal coordination between the firm's functional areas as well as external coordination with major customers and component suppliers. This book will introduce readers at all levels of experience to cutting-edge methods and strategies for manufacturing planning and inventory control through the discussion of current research and case study vignettes from companies in every corner of the world. The book also adheres to the APICS Body of Knowledge, which makes it a valuable resource for those participating in the Certified in Production and Inventory Management (CPIM) or Certified Supply Chain Professional (CSCP) programs.
Supply Chain Management And Logistics
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Author : Zhe Liang
language : en
Publisher: CRC Press
Release Date : 2018-10-08
Supply Chain Management And Logistics written by Zhe Liang and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-08 with Business & Economics categories.
Designed by practitioners for practitioners, Supply Chain Management and Logistics: Innovative Strategies and Practical Solutions provides a wide-spectrum resource on many different aspects involved in supply chain management, including contemporary applications. With contributions from leading experts from all over the world, the book includes innovative strategies and practical solutions that address problems encountered by enterprise in management of supply chain and logistics. It details general techniques and specific approaches to a broad range of important, inspiring, and unanswered questions in the field. The book is organized around four major research themes in supply chain management: 1) supply chain strategy and coordination, 2) supply chain network optimization, 3) inventory management in supply chain, and 4) financial decisions in supply chain. The sequence of these themes helps transition from an enterprise-wide framework to network design to operational management to financial aspects of the supply chain. Each individual theme also addresses the answer to a challenging question as to how to go about applying quantitative tools to real-life operations, resulting in practical solutions. As the world moves toward more competitive and open markets, effective supply chain management is of critical importance to the success or failure of an enterprise. Despite a large amount of research achieved in the past decades on the supply chain management topic, many researchers and practitioners are still devoting considerable efforts on the emerging new problems. Designed to give you a collection of topics that bridge the gap between the academic arena and industrial practice, the book supplies a contemporary and up-to-date review on the advanced theory, applications, and practices of supply chain management, making it a rich resource for the design, analysis, and implementation of supply chain management problems arising in a wide range of industries.
The Role Of Innovation Efficiency And Labor Productivity In Inventory Turnover Performance
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Author : Jianer Zhou
language : en
Publisher:
Release Date : 2015
The Role Of Innovation Efficiency And Labor Productivity In Inventory Turnover Performance written by Jianer Zhou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
Intangible resources play an increasingly influential role in today's business operations, but how they affect inventory management remains underexplored in the literature. This paper associates a firm's inventory-turnover performance with its capabilities of utilizing the intangible resources of innovation and human capital, approximated here by innovation efficiency and labor productivity, respectively. Using a dataset of all non-service U.S. public firms, we show that inventory turnover is positively correlated with both measures and that the vintage of innovations weakens the effect of innovation efficiency on inventory turnover. Our industry-level analysis suggests the existence of a learning-curve effect (innovative firms are more skillful in managing inventory turnover) and of an innovation spillover effect (firms in an innovative industry are more likely to have a superior inventory performance).
Ai In Inventory Management
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Author : Veena N
language : en
Publisher: Independently Published
Release Date : 2024-06-24
Ai In Inventory Management written by Veena N and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-06-24 with Business & Economics categories.
Welcome to the future of inventory management. In an era where every aspect of business is being transformed by technology, artificial intelligence stands out as a revolutionary force. This book delves into the intersection of AI and inventory management, offering a comprehensive guide on how AI can optimize, streamline, and revolutionize your approach to handling inventory. Effective inventory management has always been crucial for businesses striving to maintain profitability while meeting customer demands. Traditionally, this has been a challenging task, fraught with complexities such as forecasting demand, managing supply chains, and minimizing costs without compromising service levels. Now, with the advent of AI technologies, these challenges present opportunities for innovation and efficiency like never before. In "AI in Inventory Management: Revolutionizing Inventory Management with Artificial Intelligence," we explore various concepts including how AI-driven solutions can enhance forecasting accuracy, optimize inventory levels, automate supply chain process and predictive maintenance. This book is designed for business leaders, supply chain managers, and technology enthusiasts alike including beginners, providing practical insights through "How it Works!" practically illustrated scenarios, and implementation strategies to harness the power of AI in transforming your inventory management practices. Whether you are new to AI or already exploring its possibilities, "AI in Inventory Management" will equip you with the knowledge and tools needed to leverage AI effectively, stay competitive in a rapidly evolving market, and achieve sustainable growth. Join us on this journey into the future of inventory management, where AI isn't just a tool but a catalyst for innovation and success.