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Essentials of Inventory Management
 
 

Essentials of Inventory Management [Kindle Edition]

Max MULLER

Print List Price: £24.99
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Product Description

Product Description

Timeless stock-keeping fundamentals meet up-to-the minute technologies to optimize efficiency and drive profits! Inventory management is about more than counting what you’ve got. It’s about understanding business realities and making decisions that balance current demand with future needs—while keeping overhead and operating costs to a minimum. Now in its Second Edition, Essentials of Inventory Management gives inventory professionals the information they need to maximize productivity in key areas, from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Perfect for novice and veteran managers alike, this ultra-practical book covers topics such as: Forecasting and replenishment strategies • Differences between retail and manufacturing inventories • Materials requirements planning and just-in-time inventory systems • Simple formulas for calculating quantities and schedules • Management of inventory as a physical reality and a monetary value • Supply chain risk management Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing “Why Inventory Systems Fail and How to Fix Them,” this nontechnical yet thorough guide is perfect for both instructional and on-the-job use.

From the Back Cover

Inventory management involves a lot more than just counting what you’ve got. Now in a thoroughly updated and expanded second edition, Essentials of Inventory Management covers topics such as:

Forecasting and replenishment strategies • Differences between retail and manufacturing inventories • Materials requirements planning and just-in-time inventory systems • Simple formulas for calculating quantities and schedules • Management of inventory as a physical reality and a database object • Supply chain risk management.

Perfect for novice and veteran managers alike, this ultra-practical book provides you with the up-to-date and ready-to-use information you need to maximize productivity in key areas from physical control and layout to problem identification and resolution.

Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing “Why Inventory Systems Fail and How to Fix Them,” the book familiarizes you with hard-core, timeless stock-keeping fundamentals that will allow you to keep your operation running smoothly and efficiently. Addressing all items both in their tangible form (“shelf count”) and intangible forms (“record count” and monetary worth), the book arms you with down-to-earth information on automated inventory identification systems, methods for analyzing and remedying dysfunctions, and the nature and scope of possible conflicts created by reducing “waste” within a supply chain.

Along with detailed explanations of multiple cycle counting methodologies and financial statement insights for the nonfinancial manager, the book provides and explains the basic formulas that will allow you to compute breakeven points, profit margins, markups and markdowns, as well as selling price and margin percentages. You’ll learn how to employ basic problem-solving techniques toward issue resolution, control the physical location of inventory in a more efficient manner, select the cycle counting inventory method that is right for you, and appreciate the fundamental differences between finished goods inventories in the retail/distribution sectors and raw materials and work-in-process inventories found in the manufacturing environment.

Getting past the theory and into the daily, practical techniques and strategies that will enable you to do a better job managing your inventory, Essentials of Inventory Management remains the go-to guide for all inventory management professionals.


Product details

  • Format: Kindle Edition
  • File Size: 3154 KB
  • Print Length: 257 pages
  • Publisher: AMACOM; 2 edition (25 April 2011)
  • Sold by: Amazon Media EU S.à r.l.
  • Language: English
  • ASIN: B004U9NAGS
  • Text-to-Speech: Enabled
  • X-Ray:
  • Amazon Bestsellers Rank: #529,367 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com: 3.7 out of 5 stars  13 reviews
17 of 19 people found the following review helpful
4.0 out of 5 stars Inventory Essentials 10 April 2006
By A. Mock - Published on Amazon.com
Format:Hardcover|Verified Purchase
This book lives up to its title. It is an easy to read introduction to inventory management. If you are new to the concept or are an empiric manager in the process of formalizing your education, this is a good start. Don't look for in depth information or case studies.

On the recommendations side, the author left the topic of safety and occupational health out of the book. It would be good to include this topic in the following edition.
9 of 11 people found the following review helpful
4.0 out of 5 stars Essentials of Inventory Management 16 Oct 2008
By Joseph Crews - Published on Amazon.com
Format:Hardcover|Verified Purchase
I've worked in Inventory Management for 20 years. This book covers a lot of areas that someone new to this field will find useful. This book even gave me some new ideas to try in my consulting firm.
4 of 5 people found the following review helpful
2.0 out of 5 stars None 20 Feb 2012
By tina rakos - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
kindle version missing pages and diagrams very hard to read. language through book is difficult to follow with errors.
5.0 out of 5 stars Great Refresher Course! 2 April 2013
By Priscilaofphila - Published on Amazon.com
Format:Kindle Edition|Verified Purchase
Love the instructions and I love the tips. Great book to remind yourself of Inventory Management. I am using it now on my consultation! It sticks to the facts and summarizes everything. What a good E-book!
4.0 out of 5 stars Excellent book 9 Mar 2013
By Mario Falchi - Published on Amazon.com
Format:Hardcover|Verified Purchase
It`s a nice book where it is explained how the companies should analyse their inventories.
It`s easy to read and have a good examples.
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