Supply Chain Analytics For Inventory Management


Supply Chain Analytics For Inventory Management
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Supply Chain Analytics For Inventory Management


Supply Chain Analytics For Inventory Management
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Author : Christiane Haubitz
language : en
Publisher:
Release Date : 2021-11-10

Supply Chain Analytics For Inventory Management written by Christiane Haubitz and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-10 with categories.


This book addresses the application of supply chain analytics to improve inventory management, a cornerstone for successful operations at many companies. Holding inventory reduces stockout cost, facilitates smooth operations, and improves service levels and customer experience; but it also ties up capital and goes along with costs for storage, obsolescence, handling, and other. Due to the complexity of the task, companies apply inventory models, which build on assumptions that seldomly fully hold in practice. As a consequence, the actual performance of the inventory system deviates from the projected performance and the full potential of the models cannot be exploited. This book covers three different problems that companies commonly face when managing their inventories: the introduction of new inventory policies in existing inventory systems, the use of algorithmic advice by human planners, and the accuracy of master data on which inventory models rely. By using mathematical optimization, behavioral experiments, and machine learning, the developed approaches support the successful implementation of state-of-the-art inventory research in practice.



Inventory Analytics


Inventory Analytics
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Author : Horst Tempelmeier
language : en
Publisher: BoD – Books on Demand
Release Date : 2020-06-02

Inventory Analytics written by Horst Tempelmeier and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-02 with Business & Economics categories.


This textbook provides a practice-oriented introduction into Analytics-based inventory management in complex supply chains. In the context of Business Analytics, we concentrate on Prescriptive Analytics. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, dynamic lot sizing problems under random demand and random yield and their relationship to Material Requirements Planning (MRP) are discussed.The models and algorithms are illustrated with the help of numerous examples. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their daily work.



Data Analytics And Artificial Intelligence For Inventory And Supply Chain Management


Data Analytics And Artificial Intelligence For Inventory And Supply Chain Management
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Author : Dinesh K. Sharma
language : en
Publisher: Springer Nature
Release Date : 2022-11-08

Data Analytics And Artificial Intelligence For Inventory And Supply Chain Management written by Dinesh K. Sharma and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-08 with Business & Economics categories.


This book considers new analytics and AI approaches in the areas of inventory control, logistics, and supply chain management. It provides valuable insights for the retailers and managers to improve business operations and make more realistic and better decisions. It also offers a number of smartly designed strategies related to inventory control and supply chain management for the optimal ordering and delivery policies. The book further uses detailed models and AI computing approaches for demand forecasting to planning optimization and digital execution tracking. One of its key features is use of real-life examples, case studies, practical models to ensure adoption of new solutions, data analytics, and AI-lead automation methodologies are included.The book can be utilized by retailers and managers to improve business operations and make more accurate and realistic decisions. The AI-based solution, agnostic assessment, and strategy will support the companies for better alignment and inventory control and capabilities to create a strategic road map for supply chain and logistics. The book is also useful for postgraduate students, researchers, and corporate executives. It addresses novel solutions for inventory to real-world supply chain and logistics that retailers, practitioners, educators, and scholars will find useful. It provides the theoretical and applicable subject matters for the senior undergraduate and graduate students, researchers, practitioners, and professionals in the area of artificial intelligent computing and its applications in inventory and supply chain management, inventory control, and logistics.



Supply Chain Analytics


Supply Chain Analytics
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Author : Kurt Y. Liu
language : en
Publisher: Springer Nature
Release Date : 2022-04-07

Supply Chain Analytics written by Kurt Y. Liu and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-07 with Business & Economics categories.


This innovative new core textbook, written by an experienced professor and practitioner in supply chain management, offers a business-focused overview of the applications of data analytics and machine learning to supply chain management. Accessible yet rigorous, this text introduces students to the relevant concepts and techniques needed for data analysis and decision making in modern supply chains and enables them to develop proficiency in a popular and powerful programming software. Suitable for use on upper-level undergraduate, postgraduate and MBA courses in supply chain management, it covers all of the major supply chain processes, including managing supply and demand, warehousing and inventory control, transportation and route optimization. Each chapter comes with practical real-world examples drawn from a range of business contexts, including Amazon and Starbucks, case study discussion questions, computer-assisted exercises and programming projects.



Inventory Analytics


Inventory Analytics
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Author : Roberto Rossi
language : en
Publisher: Open Book Publishers
Release Date : 2021-05-24

Inventory Analytics written by Roberto Rossi and has been published by Open Book Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-24 with Business & Economics categories.


Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for deterministic inventory control. It further discusses predictive analytics techniques for demand forecasting in inventory control and also examines prescriptive analytics models for stochastic inventory control. Inventory Analytics is the first book of its kind to adopt a practicable, Python-driven approach to illustrating theories and concepts via computational examples, with each model covered in the book accompanied by its Python code. Originating as a collection of self-contained lectures, Inventory Analytics will be an indispensable resource for practitioners, researchers, teachers, and students alike.



Handbook Of Research On Strategic Supply Chain Management In The Retail Industry


Handbook Of Research On Strategic Supply Chain Management In The Retail Industry
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Author : Kamath, Narasimha
language : en
Publisher: IGI Global
Release Date : 2016-02-09

Handbook Of Research On Strategic Supply Chain Management In The Retail Industry written by Kamath, Narasimha and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-09 with Business & Economics categories.


Customer satisfaction is a pivotal component to any business that provides goods or services to the public. By effectively managing the flow of products, business can adapt to the growing demands of consumers and deliver successful customer service. The Handbook of Research on Strategic Supply Chain Management in the Retail Industry is an authoritative reference source for the latest scholarly research on properly managing business processes in order to satisfy end-user requirements and increase competitive advantage in the retail marketplace. Highlighting concepts relating to field applications, customer relationships, and current trends in logistics management, this book is ideally designed for business professionals, managers, upper-level students, and researchers interested in innovative strategies and best practices in modern supply chains.



Big Data Analytics In Supply Chain Management


Big Data Analytics In Supply Chain Management
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Author : Iman Rahimi
language : en
Publisher: CRC Press
Release Date : 2020-12-20

Big Data Analytics In Supply Chain Management written by Iman Rahimi and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-20 with Computers categories.


In a world of soaring digitization, social media, financial transactions, and production and logistics processes constantly produce massive data. Employing analytical tools to extract insights and foresights from data improves the quality, speed, and reliability of solutions to highly intertwined issues faced in supply chain operations. From procurement in Industry 4.0 to sustainable consumption behavior to curriculum development for data scientists, this book offers a wide array of techniques and theories of Big Data Analytics applied to Supply Chain Management. It offers a comprehensive overview and forms a new synthesis by bringing together seemingly divergent fields of research. Intended for Engineering and Business students, scholars, and professionals, this book is a collection of state-of-the-art research and best practices to spur discussion about and extend the cumulant knowledge of emerging supply chain problems.



Introduction To Supply Chain Analytics


Introduction To Supply Chain Analytics
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Author : Dmitry Ivanov
language : en
Publisher: Springer Nature
Release Date :

Introduction To Supply Chain Analytics written by Dmitry Ivanov and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Managing Supply Chain Operations


Managing Supply Chain Operations
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Author : Lei Lei
language : en
Publisher: World Scientific Publishing Company
Release Date : 2017-03-20

Managing Supply Chain Operations written by Lei Lei and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-20 with categories.


This book, developed in collaboration with the Rutgers Center for Supply Chain Management and based upon research projects conducted with over 100 participating corporations, combines theory and practice in presenting the concepts necessary for strategic implementation of supply chain management techniques in a global environment. Coauthored by top teaching and research faculty and a senior industry executive, this academic/industry partnership ensures the relevance of the text in terms of both practical application and academic rigor. This book introduces students to the key drivers of supply chain performance, including demand forecasting, sales and operations planning, inventory control, capacity analysis, transportation models, supply chain integration, and project management and risk analysis. It is enhanced by real-life examples and case studies as well as strategies from best practices and a focus on social and economic impact. The content reaches beyond a traditional operations management text and draws on the extensive experience of the authors conducting industry projects through the Rutgers Center for Supply Chain Management. The input of senior business executives has been an invaluable asset in presenting a balanced knowledge of both quantitative models and qualitative insights. This book is suitable for courses at the MBA core level, MS in supply chain management level, upper undergraduate level, and also suitable for executive education. Request Inspection Copy



Supply Chain Analytics


Supply Chain Analytics
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Author : Işık Biçer
language : en
Publisher: Springer Nature
Release Date : 2023-06-27

Supply Chain Analytics written by Işık Biçer and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-27 with Business & Economics categories.


This textbook offers a detailed account of analytical models used to solve complex supply chain problems. It introduces a unique risk analysis framework that helps the reader understand the sources of uncertainties and use appropriate models to improve decisions in supply chains. This framework illustrates the complete supply chain for a product and demonstrates the supply chain's exposure to demand, supply, inventory, and financial risks. Step by step, this book provides a detailed examination of analytical methods that optimize operational decisions under different types of uncertainty. It discusses stochastic inventory models, introduces uncertainty modeling methods, and explains methods for managing uncertainty. To help readers deepen their understanding, it includes access to various supplementary material including an online interactive tool in Python. This book is intended for undergraduate and graduate students of supply chain management with a focus on supply chain analytics. It also prepares practitioners to make better decisions in this field.