Handbook of Inventory Management
Author | : Robert L. Janson |
Publisher | : |
Total Pages | : 376 |
Release | : 1987 |
Genre | : Business & Economics |
ISBN | : |
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Author | : Robert L. Janson |
Publisher | : |
Total Pages | : 376 |
Release | : 1987 |
Genre | : Business & Economics |
ISBN | : |
Author | : Jing-Sheng J. Song |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2023-08-15 |
Genre | : |
ISBN | : 9781800377097 |
This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century's progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries. Organized into three distinct sections, chapters summarize the key developments in quantitative inventory research over the past two decades. Mapping out the fundamental theories and methodologies of inventory management, the Handbook examines interfaces and explores interdisciplinary topics in response to technological advancement and globalization. It concludes with an analysis of context-specific models, discussing tailored modelling and analytical solutions of inventory systems in the fast-changing industries of healthcare, spare parts logistics, retailing, and online retailing. An important reference tool, this Handbook will be essential to scholars and researchers invested in the fields of business and operations and supply chain management. Its insightful coverage of the practicalities of current research will be indispensable for practitioners and regulators within these fields.
Author | : Shah, Nita H. |
Publisher | : IGI Global |
Total Pages | : 672 |
Release | : 2017-12-22 |
Genre | : Business & Economics |
ISBN | : 1522532331 |
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.
Author | : Erick C. Jones |
Publisher | : CRC Press |
Total Pages | : 914 |
Release | : 2019-11-12 |
Genre | : Business & Economics |
ISBN | : 1351658530 |
This handbook begins with the history of Supply Chain (SC) Engineering, it goes on to explain how the SC is connected today, and rounds out with future trends. The overall merit of the book is that it introduces a framework similar to sundial that allows an organization to determine where their company may fall on the SC Technology Scale. The book will describe those who are using more historic technologies, companies that are using current collaboration tools for connecting their SC to other global SCs, and the SCs that are moving more towards cutting edge technologies. This book will be a handbook for practitioners, a teaching resource for academics, and a guide for military contractors. Some figures in the eBook will be in color. Presents a decision model for choosing the best Supply Chain Engineering (SCE) strategies for Service and Manufacturing Operations with respect to Industrial Engineering and Operations Research techniques Offers an economic comparison model for evaluating SCE strategies for manufacturing outsourcing as opposed to keeping operations in-house Demonstrates how to integrate automation techniques such as RFID into planning and distribution operations Provides case studies of SC inventory reductions using automation from AIT and RFID research Covers planning and scheduling, as well as transportation and SC theory and problems
Author | : Randolph William van Eps |
Publisher | : |
Total Pages | : 352 |
Release | : 2012 |
Genre | : |
ISBN | : 9780646584980 |
Author | : Tsan-Ming Choi |
Publisher | : Springer Science & Business Media |
Total Pages | : 281 |
Release | : 2013-08-17 |
Genre | : Business & Economics |
ISBN | : 1461476399 |
The Economic Order Quantity (EOQ) inventory model first appeared in 1913, and in its centennial, it is still one of the most important inventory models. Despite the abundance of both classical and new research results, there was (until now) no comprehensive reference source that provides the state-of-the-art findings on both theoretical and applied research on the EOQ and its related models. This edited handbook puts together all these interesting works and the respective insights into an edited volume. The handbook contains papers which explore both the deterministic and the stochastic EOQ-model based problems and applications. It is organized into three parts: Part I presents three papers that provide an introduction and review of various EOQ related models. Part II includes four technical analyses on single-echelon EOQ-model based inventory problems. Part III consists of five papers on applications of the EOQ model for multi-echelon supply chain inventory analysis.
Author | : Max Muller |
Publisher | : AMACOM Div American Mgmt Assn |
Total Pages | : 272 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : 0814416551 |
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.
Author | : Nicolas Vandeput |
Publisher | : Walter de Gruyter GmbH & Co KG |
Total Pages | : 305 |
Release | : 2020-08-24 |
Genre | : Business & Economics |
ISBN | : 3110673991 |
In this book . . . Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. . . . Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple—yet powerful—framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter. Events around the book Link to a De Gruyter Online Event in which the author Nicolas Vandeput together with Stefan de Kok, supply chain innovator and CEO of Wahupa; Koen Cobbaert, Director in the S&O Industry practice of PwC Belgium; Bram Desmet, professor of operations & supply chain at the Vlerick Business School in Ghent; and Karl-Eric Devaux, Planning Consultant, Hatmill, discuss about models for inventory optimization. The event will be moderated by Eric Wilson, Director of Thought Leadership for Institute of Business Forecasting (IBF): https://youtu.be/565fDQMJEEg
Author | : R. W. Van Eps |
Publisher | : |
Total Pages | : 410 |
Release | : 2013-03-29 |
Genre | : Business & Economics |
ISBN | : 9781484013427 |
The Inventory Management Handbook (IMH) has been developed over many years to bridge the gap between theory and practice. It provides a comprehensive reference for inventory management practitioners and students. It covers the range of independent demand systems as well as Material Requirements Planning (MRP) in manufacturing and maintenance. Case studies for the implementation of alternate systems such as Just in Time (JIT), consignment stock and vendor managed inventory are included to show how they are implemented. The IMH also covers a wide range of inventory related topics such as forecasting, stocktaking, cataloguing and spares criticality assessment (SCAS). The IMH is based on the Inventory Management course notes developed for Central Queensland University distance education and enhanced over the ten years the course was conducted. It is therefore easily followed with worked examples of the many algorithms encountered in inventory management. The IMH has been further expanded to include relevant case studies of companies such as Aristocrat Technologies, BHP, Comalco, ICI, Mincom and Kenworth, the most up-to-date inventory management developments as well as a glossary and Normal Distribution table.
Author | : Joseph Lanton Adjei Mensah McIps |
Publisher | : Independently Published |
Total Pages | : 0 |
Release | : 2024-02-15 |
Genre | : Business & Economics |
ISBN | : |
This book provides an in-depth understanding of inventory management by considering the various developments during industrial revolutions. As the current industrial revolution strives to reach industrial 5.0, there have been many approaches to improving inventory management. With the world's advancement in technology, which is gradually leading to the introduction of artificial intelligent (AI) all phase of life, requires that inventory manager understands the broad concept of the industrial revolution and their implication on inventory management: This requires a broad understanding of the Internet of Things (IoT), bitcoin, the concept of blockchain, and their impact on future management. In managing inventory, the understanding of quality is fundamental as this helps personnel within the circles of inventory management to appreciate the need to apply simple quality management principles such as Kaizen, Six Sigma, and Total Quality Management. The book simplifies these approaches by combining these approaches to make them easy to apply in the real world on inventory management, and for that matter, supply chain. The bullwhip phenomenon and its impact on inventory, resulting in poor supply chain performance, is well explained, emphasizing on how to resolve this effect. The focus of this book is to improve the planning capabilities of supply chain managers in inventory management, in order to improve their ability to deal with supply chain risk.