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Council of Supply Chain Management Professionals Ser.: Definitive Guide to Inventory Management : Principles and Strategies for the Efficient Flow of Inventory Across the Supply Chain by CSCMP, Matthew Waller and Terry Esper (2014, Hardcover)
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Definitive Guide to Inventory Management, The: Principles and Strategies for the Efficient Flow of Inventory across the Supply Chain (Council of Supply Chain Management Professionals)
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About this product
Product Identifiers
PublisherPearson Education
ISBN-100133448827
ISBN-139780133448825
eBay Product ID (ePID)171665709
Product Key Features
Number of Pages208 Pages
Publication NameDefinitive Guide to Inventory Management : Principles and Strategies for the Efficient Flow of Inventory Across the Supply Chain
LanguageEnglish
Publication Year2014
SubjectOperations Research, Production & Operations Management
TypeTextbook
AuthorCscmp, Matthew Waller, Terry Esper
Subject AreaTechnology & Engineering, Business & Economics
SeriesCouncil of Supply Chain Management Professionals Ser.
FormatHardcover
Dimensions
Item Height0.7 in
Item Weight17.6 Oz
Item Length9.2 in
Item Width7 in
Additional Product Features
Intended AudienceCollege Audience
TitleLeadingThe
Table Of ContentChapter 1: Introduction to Inventory 1 Chapter 2: Inventory Management Fundamentals 9 Chapter 3: Inventory Control 31 Chapter 4: The Link Between Inventory Management and Forecasting 69 Chapter 5: Discrete Event Simulation of Inventory Processes 111 Chapter 6: Additional Inventory Management Processes and Concepts 129 Chapter 7: Managing Supply Chain Inventory Flows 155 Chapter 8: Inventory Performance Measurement 175 Index 189
SynopsisInventory 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, 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, 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
LC Classification NumberTS160.W35 2014
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