Optimal Inventory Control And Management Techniques

Download Optimal Inventory Control And Management Techniques full books in PDF, epub, and Kindle. Read online Optimal Inventory Control And Management Techniques ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Optimal Inventory Control and Management Techniques

Author : Mittal, Mandeep
Publisher : IGI Global
ISBN 13 : 1466698896
Total Pages : 406 pages
Book Rating : 4.4/5 (666 download)

DOWNLOAD NOW!

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 406 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.

Optimization and Inventory Management

Author : Nita H. Shah
Publisher : Springer Nature
ISBN 13 : 9811396981
Total Pages : 470 pages
Book Rating : 4.8/5 (113 download)

DOWNLOAD NOW!

Book Synopsis Optimization and Inventory Management by : Nita H. Shah

Download or read book Optimization and Inventory Management written by Nita H. Shah and published by Springer Nature. This book was released on 2019-08-31 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.

Optimal Inventory Modeling of Systems

Author : Craig C. Sherbrooke
Publisher : Springer Science & Business Media
ISBN 13 : 140207865X
Total Pages : 350 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Optimal Inventory Modeling of Systems by : Craig C. Sherbrooke

Download or read book Optimal Inventory Modeling of Systems written by Craig C. Sherbrooke and published by Springer Science & Business Media. This book was released on 2006-04-11 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most books on inventory theory use the item approach to determine stock levels, ignoring the impact of unit cost, echelon location, and hardware indenture. Optimal Inventory Modeling of Systems is the first book to take the system approach to inventory modeling. The result has been dramatic reductions in the resources to operate many systems - fleets of aircraft, ships, telecommunications networks, electric utilities, and the space station. Although only four chapters and appendices are totally new in this edition, extensive revisions have been made in all chapters, adding numerous worked-out examples. Many new applications have been added including commercial airlines, experience gained during Desert Storm, and adoption of the Windows interface as a standard for personal computer models.

Best Practice in Inventory Management

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

DOWNLOAD NOW!

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.

Best Practice in Inventory Management

Author : Tony Wild
Publisher : Routledge
ISBN 13 : 1136426353
Total Pages : 278 pages
Book Rating : 4.1/5 (364 download)

DOWNLOAD NOW!

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 2007-06-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice. The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations. The text is based on best theory and practice, which has been gradually developed by the inventory management profession over the years. It covers the inventory control aspects included in the courses for the DPIM, COM, DLM, CPIM and other professional and academic qualifications. Readers develop their understanding of stock control by seeing the techniques explained logically and learn how inventory structuring, individual item control, forecasting and co-ordination provide the base for logistics management. This new edition has been up-dated throughout and the final chapter, The Future - Inventory and Logistics, has been re-written to reflect the developing applications of technology and changes in focus.

Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques

Author : Shah, Nita H.
Publisher : IGI Global
ISBN 13 : 1522532331
Total Pages : 644 pages
Book Rating : 4.5/5 (225 download)

DOWNLOAD NOW!

Book Synopsis Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques by : Shah, Nita H.

Download or read book Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques written by Shah, Nita H. and published by IGI Global. This book was released on 2017-12-22 with total page 644 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. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.

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)

DOWNLOAD NOW!

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.

The Definitive Guide to Inventory Management

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

DOWNLOAD NOW!

Book Synopsis The Definitive Guide to Inventory Management by : CSCMP

Download or read book The Definitive Guide to Inventory Management written by CSCMP 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: Controlling in a Fluctuating Demand Environment

Author : R. S. Saxena
Publisher : Global India Publications
ISBN 13 : 9789380228211
Total Pages : 322 pages
Book Rating : 4.2/5 (282 download)

DOWNLOAD NOW!

Book Synopsis INVENTORY MANAGEMENT: Controlling in a Fluctuating Demand Environment by : R. S. Saxena

Download or read book INVENTORY MANAGEMENT: Controlling in a Fluctuating Demand Environment written by R. S. Saxena and published by Global India Publications. This book was released on 2009-12 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is for the inventory control practitioner.WIth the techniques described many people have been able to manage their stock of inventory so that their customers are happier and so are the accountants. The reduction of inventory value, the avoidance of unnecessary work and the improvement of customer service can be accomplished at the sam time through simple application of the techniques discussed. Inventory practitioners should be able to use this book to understand the best approaches and then to apply them to their own circumstances. Simple application of the methods is most succesful, while modifications usually result in less effective outcomes.

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)

DOWNLOAD NOW!

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.

Problems & Solutions in Inventory Management

Author : Dinesh Shenoy
Publisher : Springer
ISBN 13 : 3319656961
Total Pages : 283 pages
Book Rating : 4.3/5 (196 download)

DOWNLOAD NOW!

Book Synopsis Problems & Solutions in Inventory Management by : Dinesh Shenoy

Download or read book Problems & Solutions in Inventory Management written by Dinesh Shenoy and published by Springer. This book was released on 2017-10-05 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a compilation of over 200 numerical problems and solutions that students can use to learn, practice and master the Inventory Control and Management concepts. Intended as a companion to any of the standard textbooks in Inventory Control and Management and written in simple language, it illustrates very clearly the steps students need to follow in order to solve a given problem. It also explains which solution methodologies can be used under which circumstances. Offering an ideal one-stop resource for mid-level engineering and business students who have taken Inventory Management or a related subject as an elective, this book is the only one students will ever need to prepare and gain confidence for their examinations in this subject.

Soft Computing in Inventory Management

Author : Nita H. Shah
Publisher : Springer Nature
ISBN 13 : 981162156X
Total Pages : 228 pages
Book Rating : 4.8/5 (116 download)

DOWNLOAD NOW!

Book Synopsis Soft Computing in Inventory Management by : Nita H. Shah

Download or read book Soft Computing in Inventory Management written by Nita H. Shah and published by Springer Nature. This book was released on 2021-08-21 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a collection of mathematical models that deals with the real scenario in the industries. The primary objective of this book is to explore various effective methods for inventory control and management using soft computing techniques. Inventory control and management is a very tedious task faced by all the organizations in any sector of the economy. It makes decisions for policies, activities, and procedures in order to make sure that the right amount of each item is held in stock at any time. Many industries suffer from indiscipline while ordering and production mismatch. It is essential to provide best ordering policy to control such kind of mismatch in the industries. All the mathematical model solutions are provided with the help of various soft computing optimization techniques to determine optimal ordering policy. This book is beneficial for practitioners, educators, and researchers. It is also helpful for retailers/managers for improving business functions and making more accurate and realistic decisions.

Achieving Effective Inventory Management

Author : Jon Schreibfeder
Publisher :
ISBN 13 : 9780967820071
Total Pages : 292 pages
Book Rating : 4.8/5 (2 download)

DOWNLOAD NOW!

Book Synopsis Achieving Effective Inventory Management by : Jon Schreibfeder

Download or read book Achieving Effective Inventory Management written by Jon Schreibfeder and published by . This book was released on 2017 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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)

DOWNLOAD NOW!

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 : CSCMP
Publisher : Pearson Education
ISBN 13 : 0133448843
Total Pages : 208 pages
Book Rating : 4.1/5 (334 download)

DOWNLOAD NOW!

Book Synopsis The Definitive Guide to Inventory Management by : CSCMP

Download or read book The Definitive Guide to Inventory Management written by CSCMP and published by Pearson Education. This book was released on 2014-03-19 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master and apply both the technical and behavioral skills you need to succeed in any inventory management role or function! 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 illuminates planning, organizing, controlling, directing, motivating and coordinating all the activities used to efficiently control product flow. The Definitive Guide to Inventory Management covers long-term strategic decisions; mid-term tactical decisions; and even short-term operational decisions. Topics discussed include: Basic inventory management goals, roles, concepts, purposes, and terminology Key inventory management elements, processes, and interactions Principles/strategies for establishing efficient and effective inventory flows Using technology in inventory planning and management New approaches to inventory reduction: postponement, vendor-managed inventories, cross-docking, and quick response systems Trade-offs between inventory and transportation costs, including carrying costs Requirements and challenges of global inventory management Best practices, metrics, and frameworks for assessing inventory management performance

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)

DOWNLOAD NOW!

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

Demand-Driven Inventory Optimization and Replenishment

Author : Robert A. Davis
Publisher : John Wiley & Sons
ISBN 13 : 1119220416
Total Pages : 320 pages
Book Rating : 4.1/5 (192 download)

DOWNLOAD NOW!

Book Synopsis Demand-Driven Inventory Optimization and Replenishment by : Robert A. Davis

Download or read book Demand-Driven Inventory Optimization and Replenishment written by Robert A. Davis and published by John Wiley & Sons. This book was released on 2015-12-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Remove built-in supply chain weak points to more effectively balance supply and demand Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems. Beginning with a thorough examination of Just in Time, Efficient Consumer Response, and Collaborative Forecasting, Planning, and Replenishment, this book walks you through the mathematical shortcuts set up in your management system that prevent you from attaining supply chain excellence. This expanded second edition includes new coverage of inventory performance, business verticals, business initiatives, and metrics, alongside case studies that illustrate how optimized inventory and replenishment delivers results across retail, high-tech, men's clothing, and food sectors. Inventory optimization allows you to avoid out-of-stock situations without impacting the bottom line with excessive inventory maintenance. By keeping just the right amount of inventory on hand, your company is better able to meet demand without sacrificing the cost-effectiveness of other supply chain strategies. The trick, however, is determining "just the right amount"—and this book provides the background and practical guidance you need to do just that. Examine the major supply chain strategies of the last 30 years Remove the shortcuts that prohibit supply chain excellence Optimize your supply/demand balance in any vertical Overcome systemic weaknesses to strengthen the bottom line Inventory optimization is benefitting companies around the world, as exemplified here by case studies involving Matas, PWT, Wistron, and Amway. When inefficiencies are built into the system, it's only smart business to identify and remove them—and implement a new streamlined process that runs like a well-oiled machine. Demand-Driven Inventory Optimization and Replenishment is an essential resource for exceptional supply chain management.