Learn Our Efficient Inventory Management Techniques


Learn Our Efficient Inventory Management Techniques
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Learn Our Efficient Inventory Management Techniques


Learn Our Efficient Inventory Management Techniques
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Author : Ramesh Venkatachalam
language : en
Publisher: Blue Rose Publishers
Release Date : 2024-04-29

Learn Our Efficient Inventory Management Techniques written by Ramesh Venkatachalam and has been published by Blue Rose Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-29 with Self-Help categories.


A stock or store of products is what is referred to as inventory. In order to satisfy customer expectations, these commodities are stored close to the business location. In most cases, the store needs to maintain finished goods inventory in order to fulfil client demand. Various causes, such as satisfying seasonal demand, addressing physical needs, serving a functional purpose, etc., lead to the holding of inventories.



The Definitive Guide To Inventory Management


The Definitive Guide To Inventory Management
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Author : CSCMP
language : en
Publisher: Pearson Education
Release Date : 2014-03-19

The Definitive Guide To Inventory Management written by CSCMP and has been published by Pearson Education this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-19 with Business & Economics categories.


Master and apply both the technical and behavioral skills you need to succeed in any inventory management role or function! 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 illuminates planning, organizing, controlling, directing, motivating and coordinating all the activities used to efficiently control product flow. The Definitive Guide to Inventory Management covers long-term strategic decisions; mid-term tactical decisions; and even short-term operational decisions. Topics discussed include: Basic inventory management goals, roles, concepts, purposes, and terminology Key inventory management elements, processes, and interactions Principles/strategies for establishing efficient and effective inventory flows Using technology in inventory planning and management New approaches to inventory reduction: postponement, vendor-managed inventories, cross-docking, and quick response systems Trade-offs between inventory and transportation costs, including carrying costs Requirements and challenges of global inventory management Best practices, metrics, and frameworks for assessing inventory management performance



Best Practice In Inventory Management


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.



The Definitive Guide To Inventory Management


The Definitive Guide To Inventory Management
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Author : Matthew A. Waller
language : en
Publisher: Pearson Education
Release Date : 2014

The Definitive Guide To Inventory Management written by Matthew A. Waller and has been published by Pearson Education this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.


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



Romancing With Inventory Management


Romancing With Inventory Management
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Author : Dr. Indira Prakash, Aroon Prakash & Hareen Prakash
language : en
Publisher: Blue Diamond Publishing
Release Date : 2018-10-31

Romancing With Inventory Management written by Dr. Indira Prakash, Aroon Prakash & Hareen Prakash and has been published by Blue Diamond Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-31 with categories.


This book will help individuals and organizations, institutions who are highly committed, tenacious and resilient self-starter and are able to quickly understand a client’s needs to enable and organize resources to satisfy the requirements in a easy and prompt way. On a personal level, this book is open to any situations that is challenging and which tests abilities with work colleagues. The reader could develop a reputation as being a fast learner, who is independent, organized still a computer savvy. While doing my Ph.D. on the subject of Inventory Management, I had to run from post to pillar to get reference books on the Inventory Management at the front desk of any book shop. Online shopping of books on the subject matter were so dearer while the activities covered under the basic thumb rule of this topic was very indispensable for any organization or for any group of people to do any activity having some purpose to achieve. While going through the learning phase of my updating of knowledge, I felt a very hard necessity to bring upon some simple way of explaining the hardest subject, which though we do but does not know the importance and reasoning of why and what of our duties and responsibilities. Through this book, I share with you my take on “INVENTORY MANAGEMENT” is not only a cup of tea of any big Multi National Industry but also is a need for a House wife. There is nothing like Inventory is ‘GOOD’ or ‘BAD’. Keeping Inventory is a commitment for uninterrupted activity, while it can be “GOOD’ when it fulfill your work flow continuity, while it can be “BAD’, when it requires you to go “of” and work to get it rid. To express the hardcore of “INVENTORY MANAGEMENT”, ONE HAS TO ROMANCE WITH INVENTORY. So, having an INVENTORY STOCK CAN BE DIVIDED AS FOLLOWS



Inventory And Production Management In Supply Chains


Inventory And Production Management In Supply Chains
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Author : Edward A. Silver
language : en
Publisher: CRC Press
Release Date : 2016-12-19

Inventory And Production Management In Supply Chains written by Edward A. Silver and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-19 with Business & Economics categories.


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.



Essentials Of Inventory Management


Essentials Of Inventory Management
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Author : Max Muller
language : en
Publisher:
Release Date : 2011-04-25

Essentials Of Inventory Management written by Max Muller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-25 with categories.


Inventory management involves a lot more than just counting what you've got. Now in a thoroughly updated and expanded second edition, Essentials of Inventory Management covers topics such as: Forecasting and replenishment strategies Differences between retail and manufacturing inventories Materials requirements planning and just-in-time inventory systems Simple formulas for calculating quantities and schedules Management of inventory as a physical reality and a database object Supply chain risk management. Perfect for novice and veteran managers alike, this ultra-practical book provides you with the up-to-date and ready-to-use information you need to maximize productivity in key areas from physical control and layout to problem identification and resolution. Along with detailed explanations of multiple cycle counting methodologies and financial statement insights for the nonfinancial manager, the book provides and explains the basic formulas that will allow you to compute breakeven points, profit margins, markups and markdowns, as well as selling price and margin percentages. You'll learn how to employ basic problem-solving techniques toward issue resolution, control the physical location of inventory in a more efficient manner, select the cycle counting inventory method that is right for you, and appreciate the fundamental differences between finished goods inventories in the retail/distribution sectors and raw materials and work-in-process inventories found in the manufacturing environment. Getting past the theory and into the daily, practical techniques and strategies that will enable you to do a better job managing your inventory, Essentials of Inventory Management remains the go-to guide for all inventory management professionals."



Inventory Management


Inventory Management
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Author : Geoff Relph
language : en
Publisher: Kogan Page Publishers
Release Date : 2015-07-03

Inventory Management written by Geoff Relph and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-03 with Business & Economics categories.


Effective inventory management can increase revenue, reduce costs, and improve cash flows. Endorsed by Institute of Operations Management and CILT, Inventory Management shows managers how to take control of their inventory system and ensure operations run smoothly. Looking beyond the complexity and theory of inventory management, Geoff Relph and Catherine Milner focus on the most important decisions managers need to make when managing inventory. They examine how inventory management should work, how to control it, and how to balance it, through their use of revolutionary k-curve methodology. They include case studies from various industries, looking at inventory management in diverse areas such as supermarkets and aerospace. Online resources include an appendix of figures, a chapter breakdown of figures and a bonus chapter about the supporting materials.



World Class Production And Inventory Management


World Class Production And Inventory Management
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Author : Darryl V. Landvater
language : en
Publisher: John Wiley & Sons
Release Date : 1997-07-31

World Class Production And Inventory Management written by Darryl V. Landvater 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 1997-07-31 with Business & Economics categories.


The definitive guide to the latest tools & techniques forachieving performance excellence in manufacturing, distribution,and planning Now completely revised and expanded, World ClassProduction and Inventory Management presents the latest informationon the unique tools and techniques needed to manage the planningand production of a manufacturing enterprise. Including acompletely new chapter on Efficient Consumer Response (ECR),updated case studies, and additional information on manufacturingintegration, this comprehensive reference includes: * Step-by-step implementation techniques in each key area ofproduction and inventory management * Fresh perspectives on manufacturing integration and multipledemand stream management * Best-in-class examples from companies such as AbbottLaboratories, Boeing, and Martin Marietta * Proven guidelines for avoiding the most common problems and forachieving continually higher levels of performance * Self-assessment questions helpful in measuring the performance ofyour company in each operating area Comprehensive and accessible, World Class Production and InventoryManagement is an invaluable resource for APICS members seeking CPIMcertification, as well as for all those in charge of managing asuccessful manufacturing enterprise.



Best Practice In Inventory Management


Best Practice In Inventory Management
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Author : Tony Wild
language : en
Publisher: Wiley
Release Date : 1998-03-30

Best Practice In Inventory Management written by Tony Wild and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-03-30 with Technology & Engineering 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.