On Inventory And Control

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Inventory Control

Author : Sven Axsäter
Publisher : Springer
ISBN 13 : 3319157299
Total Pages : 271 pages
Book Rating : 4.3/5 (191 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 2015-07-06 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning. It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation. The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts. As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.

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 Management-principles and Practices.

Author : P. Narayan
Publisher : Excel Books India
ISBN 13 : 9788174465917
Total Pages : 248 pages
Book Rating : 4.4/5 (659 download)

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Book Synopsis Inventory Management-principles and Practices. by : P. Narayan

Download or read book Inventory Management-principles and Practices. written by P. Narayan and published by Excel Books India. This book was released on 2009 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Optimal Inventory Control and Management Techniques

Author : Mittal, Mandeep
Publisher : IGI Global
ISBN 13 : 1466698896
Total Pages : 424 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Optimal Inventory Control and Management Techniques by : Mittal, Mandeep

Download or read book Optimal Inventory Control and Management Techniques written by Mittal, Mandeep and published by IGI Global. This book was released on 2016-03-29 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. Optimal Inventory Control and Management Techniques explores emergent research in stock management and product control within organizations. Featuring diverse perspectives on the implementation of various optimization techniques, genetic algorithms, and datamining concepts, as well as research on big data applications for inventory management, this publication is a comprehensive reference source for practitioners, educators, and researchers in the fields of logistics, operations management, and retail management.

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.

Inventory and Production Management in Supply Chains

Author : Edward A. Silver
Publisher : CRC Press
ISBN 13 : 1466558628
Total Pages : 810 pages
Book Rating : 4.4/5 (665 download)

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Book Synopsis Inventory and Production Management in Supply Chains by : Edward A. Silver

Download or read book Inventory and Production Management in Supply Chains written by Edward A. Silver and published by CRC Press. This book was released on 2016-12-19 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

Production and Inventory Control

Author : George W. Plossl
Publisher : Englewood Cliffs, N.J. : Prentice-Hall
ISBN 13 :
Total Pages : 458 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Production and Inventory Control by : George W. Plossl

Download or read book Production and Inventory Control written by George W. Plossl and published by Englewood Cliffs, N.J. : Prentice-Hall. This book was released on 1967 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: Management textbook on production planning and input output control, with particular reference to practices in the USA - covers forecasting, supply and demand factors, costs, the time factor, operational research and the use of EDP therein, etc., and includes a number of case studies and bibliographys.

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 Management and Production Planning and Scheduling

Author : Edward A. Silver
Publisher : Wiley
ISBN 13 : 9780471119470
Total Pages : 0 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Inventory Management and Production Planning and Scheduling by : Edward A. Silver

Download or read book Inventory Management and Production Planning and Scheduling written by Edward A. Silver and published by Wiley. This book was released on 1998-01-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a revision of a classic which integrates managerial issues with practical applications, providing a broad foundation for decision-making. It incorporates recent developments in inventory management, including Just-in-Time Management, Materials Requirement Planning, and Total Quality Management.

Spare Parts Inventory Control under System Availability Constraints

Author : Geert-Jan van Houtum
Publisher : Springer
ISBN 13 : 1489976094
Total Pages : 227 pages
Book Rating : 4.4/5 (899 download)

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Book Synopsis Spare Parts Inventory Control under System Availability Constraints by : Geert-Jan van Houtum

Download or read book Spare Parts Inventory Control under System Availability Constraints written by Geert-Jan van Houtum and published by Springer. This book was released on 2015-05-18 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the tactical planning level for spare parts management. It describes a series of multi-item inventory models and presents exact and heuristic optimization methods, including greedy heuristics that work well for real, life-sized problems. The intended audience consists of graduate students, starting scholars in the field of spare parts inventory control, and spare parts planning specialists in the industry. In individual chapters the authors consider topics including: a basic single-location model; single-location models with multiple machine types and/or machine groups; the multi-location model with lateral transshipments; the classical METRIC model and its generalization to multi-indenture systems; and a single-location model with an explicit modeling of the repair capacity for failed parts and the priorities that one can set there. Various chapters of the book are used in a master course at Eindhoven University of Technology and in a PhD course of the Graduate Program Operations Management and Logistics (a Dutch network that organizes PhD courses in the field of OM&L). The required pre-knowledge consists of probability theory and basic knowledge of Markov processes and queuing theory. End-of-chapter problems appear for all chapters, with some answers appearing in an appendix.

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.

INVENTORY MANAGEMENT

Author : D. CHANDRA BOSE
Publisher : PHI Learning Pvt. Ltd.
ISBN 13 : 9788120328532
Total Pages : 168 pages
Book Rating : 4.3/5 (285 download)

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Book Synopsis INVENTORY MANAGEMENT by : D. CHANDRA BOSE

Download or read book INVENTORY MANAGEMENT written by D. CHANDRA BOSE and published by PHI Learning Pvt. Ltd.. This book was released on 2006-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory control is vitally important to almost any type of industry, whether product or service-oriented. Investments in raw materials, spare parts, work-in-progress and finished products are all critical costs of operations which if not controlled can lead to high capital costs, high operating costs, and decreased production efficiency. This book focuses on the problems of materials control in small-scale manufactur-ing industries. It explains how to optimize the available resources with a view to reducing material costs and achieving improved capital turnover. It also analyzes a few selected industries and critically reviews their performance in the area of inventory control. The book is designed as a text on inventory management for postgraduate students pursuing courses in commerce, management, and business studies. It is also suitable for all those studying for professional qualifications such as CA, ICWA, and CS.

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.

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.

Demand Forecasting for Inventory Control

Author : Nick T. Thomopoulos
Publisher : Springer
ISBN 13 : 3319119761
Total Pages : 188 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Demand Forecasting for Inventory Control by : Nick T. Thomopoulos

Download or read book Demand Forecasting for Inventory Control written by Nick T. Thomopoulos and published by Springer. This book was released on 2014-12-04 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference. The potential market is vast. It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.

Production and Inventory Control Handbook

Author : James Harnsberger Greene
Publisher :
ISBN 13 :
Total Pages : 1114 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Production and Inventory Control Handbook by : James Harnsberger Greene

Download or read book Production and Inventory Control Handbook written by James Harnsberger Greene and published by . This book was released on 1970 with total page 1114 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inventory Management

Author : Mohamad Y. Jaber
Publisher : CRC Press
ISBN 13 : 1420079980
Total Pages : 246 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Inventory Management by : Mohamad Y. Jaber

Download or read book Inventory Management written by Mohamad Y. Jaber and published by CRC Press. This book was released on 2009-08-11 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to depe