Six Steps Inventory Optimization
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Six Steps Inventory Optimization
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Author : antonio zrilic
language : en
Publisher: Lulu.com
Release Date : 2012-12-14
Six Steps Inventory Optimization written by antonio zrilic and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-14 with Business & Economics categories.
The story about inventory optimization is never ending story, and it is caught in vicious circle. Six steps we described in this book will help you to keep inventories under control and you manage them, and not vice versa. My desire was to give you the tools that will be able to feed the wolf (read: to satisfy customers), and no sheep are missing (read this again: that the costs are optimal and under control). It is important to note that any method, including this one, will not do the job instead of you. In addition you need to go regularly through these steps, you will also have to make certain strategic and operational decisions on a daily basis. And remember that the worst decision you can make is the one you do not make.
Six Steps Inventory Optimization
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Author : Tony Zrilich
language : en
Publisher: Lulu.com
Release Date : 2015-08-18
Six Steps Inventory Optimization written by Tony Zrilich and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-18 with Business & Economics categories.
The story about inventory optimization is never ending. Six steps, we described in this book will help you to keep inventories under control and you manage them, and not vice versa. My desire was to give you the tools that will be able to feed the wolf (read: to satisfy customers), and no sheep are missing (read: that the costs are optimal and under control). It is important to note that any method, including this one, will not do the job instead of you. In addition you need to go regularly through these steps, you will also have to make certain strategic and operational decisions on a daily basis. And remember that the worst decision you can make is the one you do not make. This book investigates a methodology that would: reduce inventory costs, increase the level of customer service and at the same time be sustainable in the long term. Through six practical steps and with plenty of examples you should find answer for the question of how to better and more efficiently manage inventory."
Lean Six Sigma For Supply Chain Management Chapter 6 Identifying Lean Six Sigma Projects Using Inventory Models
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Author : James Martin
language : en
Publisher: McGraw Hill Professional
Release Date : 2006-10-12
Lean Six Sigma For Supply Chain Management Chapter 6 Identifying Lean Six Sigma Projects Using Inventory Models written by James Martin and has been published by McGraw Hill Professional this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-12 with Business & Economics categories.
This chapter comes from Lean Six Sigma for Supply Chain Management, written by a master black belt/educator. Neatly condensed into a 10 step process, this book teaches you how to apply the tenets of lean operations (from the Toyota Production System) and Six Sigma management principles to supply chain management. Author Jim Martin includes more than 200 tables and figures describing roadmaps, critical success characteristics as well as specific information necessary to fully integrate Lean Six Sigma concepts within your supply chain.
Optimization And Inventory Management
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Author : Nita H. Shah
language : en
Publisher: Springer Nature
Release Date : 2019-08-31
Optimization And Inventory Management written by Nita H. Shah and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-31 with Business & Economics categories.
This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.
Level 6 Diploma In Logistics And Inventory Management City Of London College Of Economics 6 Months 100 Online Self Paced
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Author : City of London College of Economics
language : en
Publisher: City of London College of Economics
Release Date :
Level 6 Diploma In Logistics And Inventory Management City Of London College Of Economics 6 Months 100 Online Self Paced written by City of London College of Economics and has been published by City of London College of Economics this book supported file pdf, txt, epub, kindle and other format this book has been release on with Education categories.
Overview Do you want to become a Logistics and/or Inventory Manager? Content - Benchmarking Logistics Performance - Distribution - International Logistics - Controlling Logistics Costs - Logistics Management and Strategy - Software and Technology - Warehouse Management - Inventory Reduction Strategies: Insights from the Pros - Inventory Reduction Strategies: IOMA Readers Report – What Works - Inventory Reduction Strategies: Case Studies of Success - Technology/Computers/Software - Purchasing/Supplier Issues/Vendor Managed Inventory - Audits and Physical Inventory/Accuracy - Benchmarks - New Inventory Management Products, Services, and Ideas - Best Inventory Management Tips - E-Purchasing/E-Supply Chain etc. Duration 6 months Assessment The assessment will take place on the basis of one assignment at the end of the course. Tell us when you feel ready to take the exam and we’ll send you the assignment questions. Study material The study material will be provided in separate files by email / download link.
Demand Driven Inventory Optimization And Replenishment
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Author : Robert A. Davis
language : en
Publisher: John Wiley & Sons
Release Date : 2016-01-19
Demand Driven Inventory Optimization And Replenishment written by Robert A. Davis 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 2016-01-19 with Business & Economics categories.
Remove built-in supply chain weak points to more effectively balance supply and demand Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems. Beginning with a thorough examination of Just in Time, Efficient Consumer Response, and Collaborative Forecasting, Planning, and Replenishment, this book walks you through the mathematical shortcuts set up in your management system that prevent you from attaining supply chain excellence. This expanded second edition includes new coverage of inventory performance, business verticals, business initiatives, and metrics, alongside case studies that illustrate how optimized inventory and replenishment delivers results across retail, high-tech, men's clothing, and food sectors. Inventory optimization allows you to avoid out-of-stock situations without impacting the bottom line with excessive inventory maintenance. By keeping just the right amount of inventory on hand, your company is better able to meet demand without sacrificing the cost-effectiveness of other supply chain strategies. The trick, however, is determining "just the right amount"—and this book provides the background and practical guidance you need to do just that. Examine the major supply chain strategies of the last 30 years Remove the shortcuts that prohibit supply chain excellence Optimize your supply/demand balance in any vertical Overcome systemic weaknesses to strengthen the bottom line Inventory optimization is benefitting companies around the world, as exemplified here by case studies involving Matas, PWT, Wistron, and Amway. When inefficiencies are built into the system, it's only smart business to identify and remove them—and implement a new streamlined process that runs like a well-oiled machine. Demand-Driven Inventory Optimization and Replenishment is an essential resource for exceptional supply chain management.
Inventory Management Demystified
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Author : A.D. Dear
language : en
Publisher: Springer Science & Business Media
Release Date : 1990-02-28
Inventory Management Demystified written by A.D. Dear 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 1990-02-28 with Business & Economics categories.
Despite the widespread use of computer based inventory control systems, most companies are aware that they often cannot meet their customer demand, while still suspecting that their stock levels are higher than they should be.
The Ioma Handbook Of Logistics And Inventory Management
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Author : Institute of Management and Administration (IOMA)
language : en
Publisher: John Wiley & Sons
Release Date : 2002-10-01
The Ioma Handbook Of Logistics And Inventory Management written by Institute of Management and Administration (IOMA) 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 2002-10-01 with Business & Economics categories.
Practical, easy-to-implement advice on the most successful logistics management techniques being used today--from selecting the best carriers, setting logistics performance goals, and planning logistics strategies, to streamlining shipping and receiving and slashing logistics costs, and negotiating and managing third party logistics service providers.
Inventory Management Principles And Practices
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Author : P. Narayan
language : en
Publisher: Excel Books India
Release Date : 2009
Inventory Management Principles And Practices written by P. Narayan and has been published by Excel Books India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Inventory categories.
The book Inventory Management Principles and Practices explains all the fundamental principles of Inventory Management. It starts with a definition of Inventory, why it is needed as well as not needed, what is its impact on a business, how do we classify them for ease of control and what are the various techniques of inventory control. Inventory is an outcome of procurement. So obviously, while studying inventories, the logic behind its procurement should be studied. Hence, chapters on Manufacturing Resources Planning have been added. Just-in-time principles and TQM are some more methods of achieving world-class manufacturing, so they have also been included here. In the present scenario, all activities are being computerized. So lessons on e-commerce as well as all the latest technologies that are affecting Inventory Management have been included. Chapters have been included on methods to handle specific classes of inventories such as spare parts inventory, finished goods inventory, work-in-process inventory, surplus, obsolete and non-moving inventory, etc. Logistics and supply chain management defines the path which a material takes in it s life through a company. So it was essential to include a chapter on it also. Keeping in mind the syllabus prescribed in the various universities on this subject, the chapters have been designed accordingly. A chapter has also been included on some motivational thoughts outlining some principles, which would help us to become successful in life. The principles outlined here are universal, applicable to any situation, organization or country.
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