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Inventory Management

Book Description

Inventory Management is an essential new text for managers who need to manage, control and balance systems, with a particular focus on inventory.

Table of Contents

  1. Cover
  2. Title Page
  3. Contents
  4. Dedication
  5. Introduction
  6. 1    Introduction to inventory management
    1. Introduction
    2. Inventory and inventory management
    3. The three pillars of inventory management
    4. Inventory planning pyramid
    5. Management of inventory in business systems
    6. The cost of inventory and the ability to react to change
    7. Inventory management in the supply chain
    8. Inventory management in the extended supply chain and ‘the Beer Game’
    9. Summary
    10. Notes
  7. 2    Business systems and business
    1. Introduction
    2. The business
    3. Business system development
    4. The building blocks of MRPI, MRPII and ERP
    5. ERP implementation and management
    6. Summary
    7. Answer to the supply/demand balancing exercise
    8. Notes
  8. 3    The complexity of inventory management within business systems
    1. Introduction
    2. Inventory planning at its simplest
    3. Airbus case study: inventory management challenges in a complex business
    4. Complexity in managing inventory in MRPI and MRPII
    5. Measuring success
    6. Summary
    7. Notes
  9. 4    Traditional thinking in inventory optimization
    1. Introduction
    2. Inventory saw-tooth
    3. Determining the order size
    4. Protecting against supply and demand issues
    5. Parts classification
    6. Using Pareto to plan inventory using cycle and safety stock
    7. Developing a plan that will succeed
    8. Summary
    9. Notes
  10. 5    k-curve methodology
    1. Introduction
    2. History of k-curve
    3. Generating a k-curve
    4. Why is it so useful?
    5. Creating a composite curve
    6. Testing the different options for inventory classes
    7. Summary
    8. Notes
  11. 6    The practical application of k-curve
    1. Introduction
    2. Understand your current inventory position: how much have I got?
    3. Determine the business targets that relate to inventory: what do I have to achieve?
    4. Create inventory plan: how difficult will this be and what must I do?
    5. Implement the plan: what actions must I do to achieve the plan?
    6. Summary
    7. Final comment
    8. Notes
  12. 7    Case study examples and what to do next
    1. Introduction
    2. What does the future hold?
    3. Why the k-curve approach is really different
    4. Software application
    5. Review of key points in the book
    6. Summary
    7. Notes
  13. Appendices
  14. Useful websites
  15. Index
  16. Copyright