Inventory Management For Competitive Advantage

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Inventory Management for Competitive Advantage

Author : Keith Jones
Publisher : Routledge
ISBN 13 : 1000037843
Total Pages : 257 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Inventory Management for Competitive Advantage by : Keith Jones

Download or read book Inventory Management for Competitive Advantage written by Keith Jones and published by Routledge. This book was released on 2020-03-02 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart, strategic inventory management delivers competitive advantage, yet Inventory Turn trends suggest that little seems to change. Sustainable improvement through increasing control of systems and processes generates savings that can, in turn, be invested in growth initiatives. Inventory is not something that just concerns planning, production and finance. By working to better understand and control their inventory-related processes, everyone can drive improvements that will harness inventory’s potential to become a source of sustainable competitive advantage. Unlike other guides to inventory management, this book is not only aimed at planners or inventory managers, but details the impact, both direct and indirect, that all functions have on inventory. It is rich in practical tools that can be clearly implemented, including a detailed purchasing strategy and guide to error management. It is also rich in best-practice cases that further show how to implement these methodologies in a real-world context. This book is essential reading for any manager or executive looking to boost their organisation’s competitive advantage, as well as students of inventory management, production and operations management.

The technology strategies for inventory management benchmark report

Author :
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (815 download)

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Book Synopsis The technology strategies for inventory management benchmark report by :

Download or read book The technology strategies for inventory management benchmark report written by and published by . This book was released on 2006 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Power of Inventory

Author : Dustin Offersen
Publisher :
ISBN 13 : 9780692711347
Total Pages : 148 pages
Book Rating : 4.7/5 (113 download)

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Book Synopsis The Power of Inventory by : Dustin Offersen

Download or read book The Power of Inventory written by Dustin Offersen and published by . This book was released on 2016-06-30 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory Management is more than a passive reporting capability. It is arguably one of the most underutilized and overlooked strategic advantages in a supply chain. Best of all it is a competitive advantage that nearly any company can attain. When company leaders dig deep into their inventory management it is not uncommon for them to find that their inventory team often consists of a siloed and powerless reporting entity that focuses on financial reporting. As a result they find that an inventory paradigm shift is necessary although difficult to prioritize due to the vast uncertainty of how to accomplish such a task. What should the inventory strategy be to make such a paradigm shift? As outlined in over two dozen concepts to follow, it is a process of continuous improvement across all inventory that influences and drives true best in class advantages. The best suggestion is to match these strategies (and others) with the biggest gaps found in the company and then build on the maturity of the area. Often these areas that are the least mature will be easiest to address and return the greatest benefit. The success of the company relies on the development and growth of its people and processes. Diversity is more than race or religion diversity also comes in age, passion, and work experience don't overlook talent in any form or fashion or title. Take a leap and enable, empower, and enrich by providing mentorship and opportunity through these outlined concepts and ideas. Remember with a little invested time, risk, and strategy great rewards can result. The greatest of leaders are remembered for what they enabled more so than for what they did.

Inventory Control

Author : Sven Axsäter
Publisher : Springer Science & Business Media
ISBN 13 : 9780792377580
Total Pages : 202 pages
Book Rating : 4.3/5 (775 download)

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Book Synopsis Inventory Control by : Sven Axsäter

Download or read book Inventory Control written by Sven Axsäter and published by Springer Science & Business Media. This book was released on 2000 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical to most organizations in any sector of the economy is the control of material flow from suppliers to customers. The strategic importance of this area, often referred to as Supply Chain Management, is today fully recognized by top management as well as academia. The total investment in inventories is enormous, and the control of capital tied up in raw material, work-in-progress, and finished goods offers, in general, a huge potential for improvement. Scientific methods for production and inventory control can give a significant competitive advantage. Inventory Control deals with different approaches and models that can be used when developing inventory management systems and practices. Today, most companies can realize large savings through improved production and inventory management and one purpose of this book is to describe and explain scientific techniques and hence support and simplify implementation in practice. Another purpose is that the book should be useful as a textbook in various university Courses. Inventory Control satisfies both of these purposes because it covers the very recent advances in inventory theory. F

Handbook of Research on Innovation and Development of E-Commerce and E-Business in ASEAN

Author : Almunawar, Mohammad Nabil
Publisher : IGI Global
ISBN 13 : 1799849856
Total Pages : 883 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Handbook of Research on Innovation and Development of E-Commerce and E-Business in ASEAN by : Almunawar, Mohammad Nabil

Download or read book Handbook of Research on Innovation and Development of E-Commerce and E-Business in ASEAN written by Almunawar, Mohammad Nabil and published by IGI Global. This book was released on 2020-08-28 with total page 883 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business-to-consumer (B2C) and consumer-to-consumer (C2C) e-commerce transactions, including social commerce, are rapidly expanding, although e-commerce is still small when compared to traditional business transactions. As the familiarity of making purchases using smart devices continues to expand, many global and regional investors hope to target the ASEAN region to tap into the rising digital market in this region. The Handbook of Research on Innovation and Development of E-Commerce and E-Business in ASEAN is an essential reference source that discusses economics, marketing strategies, and mobile payment systems, as well as digital marketplaces, communication technologies, and social technologies utilized for business purposes. Featuring research on topics such as business culture, mobile technology, and consumer satisfaction, this book is ideally designed for policymakers, financial managers, business professionals, academicians, students, and researchers.

Managing Inventory

Author : David P. Zimmerman
Publisher : Unlimited Publishing LLC
ISBN 13 : 9781588320308
Total Pages : 264 pages
Book Rating : 4.3/5 (23 download)

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Book Synopsis Managing Inventory by : David P. Zimmerman

Download or read book Managing Inventory written by David P. Zimmerman and published by Unlimited Publishing LLC. This book was released on 2002-02 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: David P. Zimmerman applies 36 years of industrial experience as the basis for providing better and faster customer service. He clearly explains why current paradigms don't work effectively, and proposes better methods that reduce costs and improve customer service.

Strategic MRO

Author : Stephen L. Pearce
Publisher : CRC Press
ISBN 13 : 9781563272936
Total Pages : 336 pages
Book Rating : 4.2/5 (729 download)

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Book Synopsis Strategic MRO by : Stephen L. Pearce

Download or read book Strategic MRO written by Stephen L. Pearce and published by CRC Press. This book was released on 2003-05-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic MRO: A Roadmap for Transforming Assets into Competitive Advantage combines the concepts of enterprise asset management and the associated maintenance, repair, and operating/overhaul (MRO) materials supply chain. It introduces the breakthrough Demand Supply Compression (DSC) methodology, which guides an organization's thinking and doing as it seeks performance improvement. Like Lean, DSC provides a practical path forward by changing a mind frame and the way in which work is performed. Focused on achieving a future perfect and guided by meaningful principles, organizations will learn to apply compression strategies to drive out waste, time, and non-value adding activities from their strategic MRO practices. Strategic MRO utilizes case studies from a wide variety of businesses to demonstrate strategic MRO practices and implementation — It can be successfully applied to any business where maximizing return on assets is critical to success. This is much more than a maintenance management or supply chain book because it encompasses both asset management and supply chain practices — Strategic MRO will transform your assets into a strategic advantage.

Excellence in Inventory Management

Author : Stuart Emmett
Publisher : Liverpool Academic Press
ISBN 13 : 9781903499337
Total Pages : 261 pages
Book Rating : 4.4/5 (993 download)

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Book Synopsis Excellence in Inventory Management by : Stuart Emmett

Download or read book Excellence in Inventory Management written by Stuart Emmett and published by Liverpool Academic Press. This book was released on 2007-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Little has been written on the links between Inventory and Supply Chain Management, yet it is a critical component of all Supply Chains. This book explores and explains these critical links, and is intended for: . Professional managers in all supply chain roles and job positions. . Academics such as lecturers or students studying business topics like procurement, logistics, distribution, and the supply chain. . Students of professional institutes such as the Chartered Institute of Logistics and Transport, The Chartered Institute of Purchasing and Supply. The style of the book is direct, with little jargon. It covers all the basics, as well as providing detailed and wider discussions to encourage thought. Practical application remains a central theme, illustrated by the extensive use of case studies, application checklists and visual and graphic illustrations.

Best Practice in Inventory Management

Author : Tony Wild
Publisher : Routledge
ISBN 13 : 135186534X
Total Pages : 389 pages
Book Rating : 4.3/5 (518 download)

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Book Synopsis Best Practice in Inventory Management by : Tony Wild

Download or read book Best Practice in Inventory Management written by Tony Wild and published by Routledge. This book was released on 2017-11-02 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple "number crunching" and mathematical modelling. This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.

Inventory Management

Author : John W. Toomey
Publisher : Springer Science & Business Media
ISBN 13 : 1461543630
Total Pages : 227 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Inventory Management by : John W. Toomey

Download or read book Inventory Management written by John W. Toomey and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of Inventory Management will be to explain the dynamics of inventory management's principles, concepts, and techniques as they relate to the entire supply chain (customer demand, distribution, and product transformation processes). The interrelationships of all functions will be defined. The book concentrates on understanding the many ramifications of inventory management. In today's competitive business environment, inventory management has proven to be most critical, and this book is directed to the management of inventory to assist in better understanding the body of knowledge required to operate in a competitive world. Almost all functions such as sales, engineering, and accounting have an impact and are impacted by inventory management. The book will assist in the training of students as well as APICS CPIM (Certified in Production and Inventory Management) candidates. As such it will not only be a textbook, but also a desk reference for those employees responsible for controlling inventories, and thereby assist in reducing cost, improving customer service, and maximizing capacity. Each chapter concludes with a case study and suggested solution. The case studies tell the story of a growing company, Smith Industries, and the related inventory management problems it had to address. The problems addressed relate to the subject matter of the chapter.

Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications

Author : Management Association, Information Resources
Publisher : IGI Global
ISBN 13 : 1799809463
Total Pages : 2148 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications by : Management Association, Information Resources

Download or read book Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2019-11-01 with total page 2148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business practices are constantly evolving in order to meet growing customer demands. Evaluating the role of logistics and supply chain management skills or applications is necessary for the success of any organization or business. As market competition becomes more aggressive, it is crucial to evaluate ways in which a business can maintain a strategic edge over competitors. Supply Chain and Logistics Management: Concepts, Methodologies, Tools, and Applications is a vital reference source that centers on the effective management of risk factors and the implementation of the latest supply management strategies. It also explores the field of digital supply chain optimization and business transformation. Highlighting a range of topics such as inventory management, competitive advantage, and transport management, this multi-volume book is ideally designed for business managers, supply chain managers, business professionals, academicians, researchers, and upper-level students in the field of supply chain management, operations management, logistics, and operations research.

Supply Chain Strategies, Issues and Models

Author : Usha Ramanathan
Publisher : Springer Science & Business Media
ISBN 13 : 1447153529
Total Pages : 259 pages
Book Rating : 4.4/5 (471 download)

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Book Synopsis Supply Chain Strategies, Issues and Models by : Usha Ramanathan

Download or read book Supply Chain Strategies, Issues and Models written by Usha Ramanathan and published by Springer Science & Business Media. This book was released on 2013-09-12 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 21st century, supply chain operations and relationships among supply chain partners have become highly challenging, necessitating new approaches, e.g., the development of new models. Supply Chain Strategies, Issues and Models discusses supply chain issues and models with examples from actual industrial cases. Expert authors with a wide spectrum of knowledge working in various areas of supply chain management from various geographical locations offer refreshing, novel and insightful ideas and address possible solutions using established theories and models. Supply Chain Strategies, Issues and Models features studies that have used mathematical modeling, statistical analyses and also descriptive qualitative studies. The chapters cover many relevant themes related to supply chains and logistics including supply chain complexity, information sharing, quality (six sigma), electronic Kanbans, inventory models, scheduling, purchasing and contracts. To facilitate easy reading, the chapters that deal with supply chain related issues are first, followed by studies on inventory, scheduling, purchasing and logistics. This book can be used as a useful resource of supply chain management by academics, students and practitioners. This book can serve as a helping tool in managerial decision making for investments in collaboration and information exchange to improve forecasts, scheduling and inventory management, and for supply chain managers to leverage product and process complexities into competitive advantage. Some interesting mathematical models can appeal to students and researchers interested in modeling the impact of information sharing in supply chains.

Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future

Author : Ling Li
Publisher : World Scientific Publishing Company
ISBN 13 : 9814602442
Total Pages : 432 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future by : Ling Li

Download or read book Managing Supply Chain And Logistics: Competitive Strategy For A Sustainable Future written by Ling Li and published by World Scientific Publishing Company. This book was released on 2014-07-18 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Supply Chain and Logistics: Competitive Strategy for a Sustainable Future explores practical ways of investing in a sustainable future through real-world cases which demonstrate various supply chain management strategies and tactics. By applying viable value creation strategies, operational models, decision-making techniques, and information technology, the author provides in-depth analyses of new initiatives such as collaborative planning, forecasting, and replenishment (CPFR); demonstrates competitive approaches to managing flows of material, information and fund in supply chain; and illustrates creative methods to apply data science and business intelligence. This book also promotes cross-functional decision-making, problem solving skills and offers a feasible approach to managing a volatile business. Readers will find this book a valuable resource to solve supply chain management practical problems with a sustainable future in mind.

Fundamentals of Supply Chain Management

Author : John T. Mentzer
Publisher : SAGE
ISBN 13 : 1452236941
Total Pages : 305 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis Fundamentals of Supply Chain Management by : John T. Mentzer

Download or read book Fundamentals of Supply Chain Management written by John T. Mentzer and published by SAGE. This book was released on 2004-05-05 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is an insightful, well-balanced, stimulating SCM Strategy book that clearly tells managers, consultants, as well as educators that the SCM concept is not a fad but a must strategy to gain competitive advantage in today′s dynamic global market place. There are three major strengths. First, it is an unprecedented interdisciplinary SCM strategy book that explains how companies obtain, maintain, and even enhance competitive advantages based upon a well-laid SCM strategy. Second, it provides readers a unique, well-balanced framework for SCM strategy formulation. Third, it is a valuable contribution in the area of SCM in that it does a good job in explaining such a complicated SCM strategy to readers in such a simple manner." —Soonhong (Hong) Min, University of Oklahoma Author of the bestselling text Supply Chain Management, John T. Mentzer′s companion book Fundamentals of Supply Chain Management: Twelve Drivers of Competitive Advantage has been developed as a supplemental text for any course dealing with strategy and supply chains. Written in an entertaining, accessible style, Mentzer identifies twelve drivers of competitive advantage as clear strategic points managers can use in their companies. Research from more than 400 books, articles, and papers, as well as interviews with over fifty executives in major global companies, inform these twelve drivers. The roles of all of the traditional business functions—marketing, sales, logistics, information systems, finance, customer services, and management—in supply chain management are also addressed. Complete with cases and real-world examples from corporations around the world, the book′s exemplars will help students and practicing managers to more effectively understand, implement, and manage supply chains successfully.

The Definitive Guide to Inventory Management

Author : Matthew A. Waller
Publisher : Pearson Education
ISBN 13 : 0133448827
Total Pages : 208 pages
Book Rating : 4.1/5 (334 download)

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Book Synopsis The Definitive Guide to Inventory Management by : Matthew A. Waller

Download or read book The Definitive Guide to Inventory Management written by Matthew A. Waller and published by Pearson Education. This book was released on 2014 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Inventory Control

Author : Sven Axsäter
Publisher : Springer
ISBN 13 : 9780387513065
Total Pages : 0 pages
Book Rating : 4.5/5 (13 download)

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Book Synopsis Inventory Control by : Sven Axsäter

Download or read book Inventory Control written by Sven Axsäter and published by Springer. This book was released on 2008-11-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Second Edition of Inventory Control deals with a range of different approaches and models that can be used when developing inventory management systems and practices. The significantly expanded book shows how advances in information technology have drastically changed the possibilities to apply improved inventory control techniques. Furthermore, recent progress in research has resulted in new and more general methods that can substantially reduce the supply chain costs.

Foundations of Inventory Management

Author : Paul Zipkin
Publisher : McGraw-Hill/Irwin
ISBN 13 : 9780256113792
Total Pages : 0 pages
Book Rating : 4.1/5 (137 download)

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Book Synopsis Foundations of Inventory Management by : Paul Zipkin

Download or read book Foundations of Inventory Management written by Paul Zipkin and published by McGraw-Hill/Irwin. This book was released on 2000-01-24 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Inventory Management presents a complete treatment of inventory theory and models for use in advanced undergraduate, masters, or PhD courses in Operations research, manufacturing management or Operations management. Coverage is organized into an introductory section, followed by a section focused on predictable supply and demand, and the third section covering stochastic inventory models. Many recent developments related to or impacting inventory such as ERP systems, supply chain management, JIT, and ERP systems are integrated within the text. The text presents inventory as a critical topic for virtually all businesses today and one in which theory and practice are closely linked. Prequisite coursework for students of this text would include basic optimization theory, stochastic processes, and dynamic programming. The text includes examples as well as rigorous assignment problem sets.