Inventory Management Principles And Practices

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Inventory Management-principles and Practices.

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

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.

Inventory Management

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

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.

The Definitive Guide to Inventory Management

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

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

Best Practice in Inventory Management

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

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.

The Principles of Inventory Management

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Author : Arthur Snyder
Publisher : Booksurge Publishing
ISBN 13 : 9781419672729
Total Pages : 0 pages
Book Rating : 4.6/5 (727 download)

Book Synopsis The Principles of Inventory Management by : Arthur Snyder

Download or read book The Principles of Inventory Management written by Arthur Snyder and published by Booksurge Publishing. This book was released on 2007-12-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn how to minimize rising inventory costs. Manage cash flow by creating an efficient and effective inventory management process. Debunk the myths surrounding the method for determining economic ordering quantities. Understand why the tried and true fundamentals still apply today despite technological advances. All this and more can be found in "The Principles of Inventory Management," the comprehensive look at inventory control that has been cited numerous times by experts since its original publishing in 1963. Complete with key updates, this book is the perfect reference for anyone looking to gain a better understanding of inventory management or someone in the field looking to make sound financial decisions surrounding inventory.

Management: Principles and Practice

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Author : S.K. Mandal
Publisher : Jaico Publishing House
ISBN 13 : 8184952201
Total Pages : 757 pages
Book Rating : 4.1/5 (849 download)

Book Synopsis Management: Principles and Practice by : S.K. Mandal

Download or read book Management: Principles and Practice written by S.K. Mandal and published by Jaico Publishing House. This book was released on 2011-01-01 with total page 757 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive textbook specifically focuses on building a thorough foundation on management studies by sequentially developing the components and basics of management principles and approach, discussing and analysing the key features and methods of modern management practices, and finally exposing the students to some essential topics on environment management, business ethics, corporate governance, and total quality management for sustainable growth and development of business. Students and practicing professionals in this field will be immensely benefited by the coverage and treatment of the book. Key Features — Based on industry experience with focus on building a strong foundation for management studies, especially in the context of the Indian business environment — Covers critical areas of management like strategic planning, strategic management, supply-chain management, international trade, entrepreneurship and small business management, information management, environment management, business ethics, corporate governance and modern tools for TQM, including cost of poor quality, benchmarking and six-sigma practice — Emphasis on management issues critical to business – organisational culture and leadership, modern HRM, external business environment, ethics of business and corporate governance, and responsibility for natural environment management for sustainable growth — Provides a wider coverage of the interconnected functions, methods, processes, variables, strategies and tools for excellence in business management, including 80-20 rule, Murphy’s Law, 1-10-100 rule of cost management, 360 degree appraisal, JIT, TPM, Kaizen etc.

Inventory Management Explained

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Author : David J. Piasecki
Publisher : Ops Publishing
ISBN 13 : 9780972763110
Total Pages : 341 pages
Book Rating : 4.7/5 (631 download)

Book Synopsis Inventory Management Explained by : David J. Piasecki

Download or read book Inventory Management Explained written by David J. Piasecki and published by Ops Publishing. This book was released on 2009-01-01 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory Management isn't easy. If it were, more companies would be good at it. But being competent at managing your inventory isn't all that difficult either. Inventory Management Explained helps readers build a solid understanding of the key planning aspects of inventory management. It does this by clearly explaining what inventory management is, but then goes well beyond typical inventory management books by tearing apart the calculations and logic we use in inventory management and exposing the hidden (or not so hidden) flaws and limitations. It then builds on this by showing readers how they can use their understanding of inventory management and their specific business needs to modify these calculations or develop their own calculations to more effectively manage their inventory. The emphasis on practical solutions means readers can actually use what they've learned.For those new to inventory management, the author includes highly detailed explanations and numerous examples. Instead of archaic mathematical syntax, the author explains the calculations in plain English and uses Excel formulas and spreadsheet examples for many of them.For the experienced practitioner, the author provides insights and a level of detail they likely have not previously experienced. Overall, Inventory Management Explained does actually explain inventory management, and in doing so, exposes the good, the bad, and the ugly aspects of it. But more importantly, it leaves the readers knowing enough to be able to start making smart decisions about how they manage their inventory.

Inventory and Production Management in Supply Chains

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

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.

Financial Management

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Author : Sudhindra Bhat
Publisher : Excel Books India
ISBN 13 : 9788174465863
Total Pages : 916 pages
Book Rating : 4.4/5 (658 download)

Book Synopsis Financial Management by : Sudhindra Bhat

Download or read book Financial Management written by Sudhindra Bhat and published by Excel Books India. This book was released on 2008 with total page 916 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Management Principles and Practice, second edition is fundamentally designed to serve as an introduction to the study of Financial Management for students, Financial professionals, teachers and managers. The developments in the capital market and the new avenues available to tackle the traditional financial constraints have placed the present day finance manager in a situation to learn new skills and constantly update knowledge to take financial decision in a competitive environment, develop a familiarity with the analytical techniques and understand the theories of modern finance. Financial Management Principles and Practice is designed as a comprehensive and analytical treatise to fill the gaps. l The book seeks to build and develop familiarity with the analytical techniques in financial decision making in the competitive world. l This book covers the requirement for discussion to help Practitioners, managers, Financial professionals, academicians and students reason out Financial Management issues for themselves and thus be better prepared when making real-world investment decisions.l The book is structured in such a way that it can be used in both semester as well as trimester patterns of various MBA, M.Com, PGDM, PGP, PG Courses of all major universities, CA, CS, CFA, CWA, CPA of Professional and autonomous institutions.l It provides complete clarity in a simple style, which will help the students in easy understanding.l Discussion as well as mind stretching questions at the end of each chapter to stimulate financial decision making.l Concepts are explained with a number of illustrations and diagrams for clear understanding of subject matter. l The strong point of the book is its easy readability and clear explanation as well as extensive use of Case Study's and Project Works (more then 27 cases) which have been included in many chapters for Class discussion, EDP and FDP.DISTINCTIVE FEATURES OF THIS EDITION:v Provides complete clarity in a simple style v 628 Solved Problemsv 259 Unsolved Problemsv Seven new chapters included v 399 Review questions (theoretical questions)v 212 Fill in the blanks with answersv 101 True or false questions with answers v 26 case study's for class discussion v Discussion as well as mind stretching questions at the end of each chapter to stimulate financial decision making

Smart Inventory Solutions

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Author : Phillip Slater
Publisher : Industrial Press Inc.
ISBN 13 : 9780831134013
Total Pages : 276 pages
Book Rating : 4.1/5 (34 download)

Book Synopsis Smart Inventory Solutions by : Phillip Slater

Download or read book Smart Inventory Solutions written by Phillip Slater and published by Industrial Press Inc.. This book was released on 2010 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! Features The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary.

Spare Parts Inventory Management

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Author : Phillip Slater
Publisher :
ISBN 13 : 9780831136086
Total Pages : 0 pages
Book Rating : 4.1/5 (36 download)

Book Synopsis Spare Parts Inventory Management by : Phillip Slater

Download or read book Spare Parts Inventory Management written by Phillip Slater and published by . This book was released on 2016-11-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overview No previous works have focused on the topic of inventory reduction and optimization to the extent that this one does. Spare Parts Inventory Management: A Complete Guide to Sparesology(tm) by Philip Slater covers the whole part's life cycle, from initial purchase to final disposal, and addresses issues throughout, including maintenance, repair, and overhaul (MRO). The author, Phillip Slater, was described in a recent podcast as "truly one of the leaders in the MRO information segment." Sparesology is a term coined by Slater to describe the discipline of optimizing the physical, financial, and human resource management processes of spare parts inventory management. Sparesology is much more than just inventory optimization. It involves an understanding of the complete "ecosystem," within which the spare parts inventory is managed, and seeks to ensure that all of the factors influencing this management work together to achieve an organization's goals.

Logistics

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Author : Hessel Visser
Publisher : Routledge
ISBN 13 : 1000036200
Total Pages : 548 pages
Book Rating : 4.0/5 ( download)

Book Synopsis Logistics by : Hessel Visser

Download or read book Logistics written by Hessel Visser and published by Routledge. This book was released on 2019-11-08 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: Logistics: Principles & Practice is a general introduction to the subject. This specialized field is fast moving – fulfilling orders on time is of crucial importance in the modern age of internet economy and just-in-time production. Besides dealing with the logistics of purchasing, production and distribution, the book also examines common ground with marketing, quality and production design. This integrated approach ensures that important topics such as e-business, CRM, process design, E-procurement, enterprise resource planning and E-logistics are given prominent coverage. This textbook can be used as core reading for all students of logistics and operations management.

A HANDBOOK OF RETAIL MANAGEMENT: PRINCIPLES & PRACTICES

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Author : Dr.Dipa Mitra
Publisher : Archers & Elevators Publishing House
ISBN 13 : 9390996481
Total Pages : pages
Book Rating : 4.3/5 (99 download)

Book Synopsis A HANDBOOK OF RETAIL MANAGEMENT: PRINCIPLES & PRACTICES by : Dr.Dipa Mitra

Download or read book A HANDBOOK OF RETAIL MANAGEMENT: PRINCIPLES & PRACTICES written by Dr.Dipa Mitra and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Demand Management Best Practices

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Author : Colleen Crum
Publisher : J. Ross Publishing
ISBN 13 : 1932159010
Total Pages : 257 pages
Book Rating : 4.9/5 (321 download)

Book Synopsis Demand Management Best Practices by : Colleen Crum

Download or read book Demand Management Best Practices written by Colleen Crum and published by J. Ross Publishing. This book was released on 2003-06-15 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective demand management is becoming critical to acompany's profitability. Demand Management BestPractices: Process, Principles, and Collaborationprovides best practice solutions that will improveoverall business performance for supply chain partnersand all functions within a company impacted by the demandmanagement process. The ......

Production and Inventory Control

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

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.

Essentials of Inventory Management

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

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.

Executive Guide

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

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: