Inventory Record Accuracy

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Inventory Record Accuracy

Author : Roger B. Brooks
Publisher : John Wiley & Sons
ISBN 13 : 9780470169537
Total Pages : 208 pages
Book Rating : 4.1/5 (695 download)

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Book Synopsis Inventory Record Accuracy by : Roger B. Brooks

Download or read book Inventory Record Accuracy written by Roger B. Brooks and published by John Wiley & Sons. This book was released on 2008-03-31 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Improving Inventory Record Accuracy

Author : Tony Wild
Publisher : Routledge
ISBN 13 : 1136396330
Total Pages : 144 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Improving Inventory Record Accuracy by : Tony Wild

Download or read book Improving Inventory Record Accuracy written by Tony Wild and published by Routledge. This book was released on 2012-11-12 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Record accuracy has become the focus of attention for many businesses because customers have higher expectations of the right item being delivered on time, and competitive pressures do not allow for extra stockholding. Businesses now have the opportunity to become much more effective given the correct information, the development of better communication and integration of systems. For inventory management, the pressure for most companies is to become more efficient and hold less inventory. The accuracy of data has gradually been emerging in importance. The systems only work if the data is correct and with the introduction of integrated data, there are wide ranging repercussions for businesses that draw conclusions and make decisions based on inaccurate records. Where there is a lot of data, there is the opportunity for many and large errors. This is often the case with inventory: many items, large varieties of different items, and fast changing inventory. Measuring how much there is becomes a challenge in many businesses such as consumer retailing and manufacturing processes where inventory changes so rapidly. With large warehouses there is also the risk of inaccurate recording so that items are not there or not in the right place. Improving Inventory Record Accuracy initially discusses how to quantify the problem, set sensible targets for improvement and how to make the case for doing something to improve accuracy. The book then discusses why inventory records do go wrong and how to rectify the major causes of error. Finally the book illustrates the techniques with which everyone can make their records very accurate. This is a practical book that solves a practical problem and shows the ways to improve record accuracy. Tony Wild has amassed many techniques over the years, has tried them out in practice and he presents them here in an accessible style for professional managers in logistics and stock control, retail/wholesale distribution. The book is also intended for use by students on Institute of Operations Management Certificate, DPIM, CPIM and DLM courses.

Achieving Inventory Accuracy

Author : Donald H. Sheldon
Publisher : J. Ross Publishing
ISBN 13 : 1932159312
Total Pages : 225 pages
Book Rating : 4.9/5 (321 download)

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Book Synopsis Achieving Inventory Accuracy by : Donald H. Sheldon

Download or read book Achieving Inventory Accuracy written by Donald H. Sheldon and published by J. Ross Publishing. This book was released on 2004-07-15 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a step by step guide to achieving inventory record accuracy in a manufacturing, retail, or distribution facility. Starting at day one, the author outlines the necessary elements of procedure and discipline necessary for good sustainable process. The result is 95+% perfect inventory balances with minimal cycle counting required for on-going maintenance. The book includes special aids such as Gantt charts, cycle count process parameters, and process celebration points. Donald H. Sheldon is certified at the Fellow level by APICS as CFPIM and as CIRM.

Improving Inventory Record Accuracy

Author : Antony Wild
Publisher : Routledge
ISBN 13 : 0750659009
Total Pages : 144 pages
Book Rating : 4.7/5 (56 download)

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Book Synopsis Improving Inventory Record Accuracy by : Antony Wild

Download or read book Improving Inventory Record Accuracy written by Antony Wild and published by Routledge. This book was released on 2004 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring how much there is becomes a challenge in many businesses such as consumer retailing and manufacturing processes where inventory changes so rapidly. With large warehouses there is also the risk of inaccurate recording so that items are not there or not in the right place. Improving Inventory Record Accuracy initially discusses how to quantify the problem, set sensible targets for improvement and how to make the case for doing something to improve accuracy. The book then discusses why inventory records do go wrong and how to rectify the major causes of error. Finally the book illustrates the techniques with which everyone can make their records very accurate. This is a practical book that solves a practical problem and shows the ways to improve record accuracy.-

Operations Management

Author : Robert Dan Reid
Publisher : John Wiley & Sons
ISBN 13 : 9780470524589
Total Pages : 0 pages
Book Rating : 4.5/5 (245 download)

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Book Synopsis Operations Management by : Robert Dan Reid

Download or read book Operations Management written by Robert Dan Reid and published by John Wiley & Sons. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With its abundance of step-by-step solved problems, concepts, and examples of major real-world companies, this text brings unparalleled clarity and transparency to the course.

Essentials of Inventory Management

Author : Max Muller
Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 0814416551
Total Pages : 272 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Essentials of Inventory Management by : Max Muller

Download or read book Essentials of Inventory Management written by Max Muller and published by AMACOM Div American Mgmt Assn. This book was released on 2011 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Does inventory management sometimes feel like a waste of time? Learn how to maximize your inventory management process to use it as a tool for making important business decisions.

Inventory Accuracy

Author : David J. Piasecki
Publisher : Ops Pub.
ISBN 13 : 9780972763103
Total Pages : 346 pages
Book Rating : 4.7/5 (631 download)

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Book Synopsis Inventory Accuracy by : David J. Piasecki

Download or read book Inventory Accuracy written by David J. Piasecki and published by Ops Pub.. This book was released on 2003 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory accuracy starts with an understanding of the conditions under which errors occur and ends with error-resistant processes, intelligent use of technology, a well-trained and highly motivated workforce, and an ongoing process of continuous improvement. In between, theres cycle counting, root cause analysis, process evaluation, user interface design, procedures, employee training, accountability, control methods, process checks, audits, exception reporting, transaction techniques, measurement, counting methods, bar codes, RF systems, speech-based technology, light systems, and software. Inventory Accuracy: People, Processes, & Technology covers all of these topics and more in a comprehensive treatment of the subject of inventory accuracy in distribution, fulfillment, and manufacturing environments. In addition to documenting the standard tools and techniques used to achieve accuracy, the author provides insights as to why many of the standard solutions dont provide the best results and offers alternative methods. The focus on practical solutions that take into account the sometimes-conflicting priorities that affect accuracy, results in an approach that not only looks good on paper, but more importantly, works in the real world.

Executive Guide

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 80 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Executive Guide by : United States. General Accounting Office

Download or read book Executive Guide written by United States. General Accounting Office and published by . This book was released on 2002 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inventory Analytics

Author : Roberto Rossi
Publisher : Open Book Publishers
ISBN 13 : 180064177X
Total Pages : 184 pages
Book Rating : 4.8/5 (6 download)

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Book Synopsis Inventory Analytics by : Roberto Rossi

Download or read book Inventory Analytics written by Roberto Rossi and published by Open Book Publishers. This book was released on 2021-05-24 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Accounting for Inventory: Fourth Edition

Author : Steven M. Bragg
Publisher : Accountingtools, Incorporated
ISBN 13 : 9781642210712
Total Pages : 258 pages
Book Rating : 4.2/5 (17 download)

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Book Synopsis Accounting for Inventory: Fourth Edition by : Steven M. Bragg

Download or read book Accounting for Inventory: Fourth Edition written by Steven M. Bragg and published by Accountingtools, Incorporated. This book was released on 2021-08-07 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The value of inventory is a difficult figure to pin down, and yet it must be properly derived in order to create accurate financial statements. Accounting for Inventory enhances the accountant's ability to derive an accurate valuation, every time. It does so by delving into inventory counting systems, cost layering, standard costing, overhead allocation, the lower of cost or market rule, disclosures, measurements, and much more. This book is an essential tool for dealing with one of the largest and most complex assets on the balance sheet.

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.

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.

Hands-On Inventory Management

Author : Ed C. Mercado
Publisher : CRC Press
ISBN 13 : 0849383277
Total Pages : 130 pages
Book Rating : 4.8/5 (493 download)

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Book Synopsis Hands-On Inventory Management by : Ed C. Mercado

Download or read book Hands-On Inventory Management written by Ed C. Mercado and published by CRC Press. This book was released on 2007-12-13 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a clear, organized, and accessible building block approach to managing inventory, this volume offers complete coverage of the basic concepts, calculations, and techniques of inventory. These fundamental techniques, which can be easily applied to handle problems in the workplace, are used to demonstrate current concepts such as lean principles and continuous improvement. Numerous case studies from a variety of industries are provided to illustrate concepts. Additional topics presented include types of inventory, inventory transactions, bills of materials, planning and replenishment, storage and physical control, and supply chain management and technology.

Lean Supply Chain Management Essentials

Author : Bill Kerber
Publisher : CRC Press
ISBN 13 : 1439891222
Total Pages : 262 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Lean Supply Chain Management Essentials by : Bill Kerber

Download or read book Lean Supply Chain Management Essentials written by Bill Kerber and published by CRC Press. This book was released on 2017-07-27 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an alternate approach to supply chain management, Lean Supply Chain Management Essentials: A Framework for Materials Managers explains why the traditional materials planning environment, typically embodied by an Enterprise Resource Planning (ERP) system, is an ineffective support system for a company that wants to adopt Lean practices.

Math Running Records in Action

Author : Nicki Newton
Publisher : Routledge
ISBN 13 : 1317403002
Total Pages : 233 pages
Book Rating : 4.3/5 (174 download)

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Book Synopsis Math Running Records in Action by : Nicki Newton

Download or read book Math Running Records in Action written by Nicki Newton and published by Routledge. This book was released on 2016-06-17 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this new book from popular consultant and bestselling author Dr. Nicki Newton, you’ll discover how to use Math Running Records to assess students’ basic fact fluency and increase student achievement. Like a GPS, Math Running Records pinpoint exactly where students are in their understanding of basic math facts and then outline the next steps toward comprehensive fluency. This practical book introduces a research-based framework to assess students’ thinking and move them toward becoming confident, proficient, flexible mathematicians with a robust sense of numbers. Topics include: Learning how often to administer Math Running Records and how to strategically introduce them into your existing curriculum; Analyzing, and interpreting Math Running Records for addition, subtraction, multiplication, and division; Using the data gathered from Math Running Records to implement evidence-based, research-driven instruction. Evaluating students’ speed, accuracy, flexibility, and efficiency to help them attain computational fluency; Each chapter offers a variety of charts and tools that you can use in the classroom immediately, and the strategies can easily be adapted for students at all levels of math fluency across grades K-8. Videos of sample running records are also available for download at https://guidedmath.wordpress.com/math-running-records-videos. Blackline masters are available on the Running Records Dropbox at https://bit.ly/3gnggIq

Changes in Inventories in the National Accounts

Author : Mr.Segismundo Fassler
Publisher : International Monetary Fund
ISBN 13 : 1451854293
Total Pages : 47 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Changes in Inventories in the National Accounts by : Mr.Segismundo Fassler

Download or read book Changes in Inventories in the National Accounts written by Mr.Segismundo Fassler and published by International Monetary Fund. This book was released on 2003-06-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The principles underlying the recording of changes in inventories are explained in the System of National Accounts, 1993 (1993 SNA), but operational guidelines on their measurement are lacking. This paper elaborates specific statistical techniques and their underlying assumptions for calculating changes in inventories and holding gains when only data on stocks of inventories are available. Several data situations are considered. The authors propose methods for measuring changes in inventories that meet the 1993 SNA principles. The paper also explores possibilities for implementing the proposed improvements and explains the interpretation of data on changes in inventories.

Auditing For Dummies

Author : Maire Loughran
Publisher : John Wiley & Sons
ISBN 13 : 0470530715
Total Pages : 397 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Auditing For Dummies by : Maire Loughran

Download or read book Auditing For Dummies written by Maire Loughran and published by John Wiley & Sons. This book was released on 2010-07-06 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: The easy way to master the art of auditing Want to be an auditor and need to hone your investigating skills? Look no further. This friendly guide gives you an easy-to-understand explanation of auditing — from gathering financial statements and accounting information to analyzing a client's financial position. Packed with examples, it gives you everything you need to ace an auditing course and begin a career today. Auditing 101 — get a crash course in the world of auditing and a description of the types of tasks you'll be expected to perform during a typical day on the job It's risky business — find out about audit risk and arm yourself with the know-how to collect the right type of evidence to support your decisions Auditing in the real world — dig into tons of sample business records to perform your first audit Focus on finances — learn how both ends of the financial equation — balance sheet and income statement — need to be presented on your client's financial statements Seal the deal — get the lowdown on how to wrap up your audit and write your opinion After the audit — see the types of additional services that may be asked of you after you've issued your professional opinion