Best Practice in Inventory Management
- 2nd Edition - August 9, 2002
- Imprint: Butterworth-Heinemann
- Author: Tony Wild
- Language: English
- eBook ISBN:9 7 8 - 0 - 0 8 - 0 4 9 4 0 5 - 0
Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic… Read more
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Request a sales quoteGood 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.
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.
Explains how inventory management techniques achieve low stocks and improved customer serviceActs as a practical manual for making improvements in stock control and for saving moneyCovers the syllabi of the DPIM, COM, DLM and other professional and academic qualifications
Junior and middle level Inventory Managers. Students taking The Institute of Operations Management Diploma & Certificate qualifications. Senior Management wanting to imporve logistics.
The basis of inventory control; Customer service; Managing the inventory; Just in time management; Organization and management; Safety stocks; Setting the right stock levels; The changing role of purchasing; Forecasting demand; Historical forecasting techniques; Advanced forecasting methods; Material requirements planning - an alternative to forecasting; The future - inventory and logistics
- Edition: 2
- Published: August 9, 2002
- Imprint: Butterworth-Heinemann
- No. of pages: 265
- Language: English
- eBook ISBN: 9780080494050
TW
Tony Wild
Tony Wild has spend a great deal of time solving real inventory issues for businesses in a variety of industries from aerospace to retail consumables, automotive to process chemicals. The result of this work has led Tony to produce and refine this book so that others can avoid some of the pitfalls. From an academic start (B.Sc, M.Sc. Ph D), and a manufacturing and warehousing career in production control and materials management, Tony has specialised in this challenging field. He is Managing Director of Midas Consultants, who are leading experts in inventory management.
Affiliations and expertise
Managing Director of Midas Consultants.