Author : Cole Booth
Publisher :
ISBN 13 :
Total Pages : 318 pages
Book Rating : 4.5/5 (79 download)
Book Synopsis Inventory Management Toolkit: Fundamentals for Optimizing Efficiency and Driving Profits by : Cole Booth
Download or read book Inventory Management Toolkit: Fundamentals for Optimizing Efficiency and Driving Profits written by Cole Booth and published by . This book was released on 2021-05-21 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your business is on a roll. Your sales figures are on an uptrend, the customer count is growing steadily, and the profit seems to be good. Everything seems to be perfect until that point when you try to analyze how individual items in your inventory performed. This is where you'll discover the flaws in your business. This book gives inventory professionals the information they need to maximize productivity in key areas, from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. This book is suitable for novice and veteran managers alike. The author teaches readers how to do this while keeping overhead and operating costs at a minimum by maximizing productivity in key areas--from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Novice and veteran managers alike will gain ultra-practical tips and tricks on topics including forecasting and replenishment strategies, retail vs manufacturing inventories, materials requirements planning, formulas for calculating quantities and schedules, and supply chain risk management. Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing "Why Inventory Systems Fail and How to Fix Them," the second edition of Essentials of Inventory Management is perfect for both instructional and on-the-job use. Inventory management is complex, but it can be simplified. With up-to-date insights to maximize productivity, identify and solve issues quickly, forecast and replenish, incorporate automation, and much more, this nontechnical yet thorough guide will teach you how to manage inventory as a physical reality--and maximize its monetary value.