Inventory Management Essentials Handbook A Comprehensive Understanding Of The Role Of Inventory In Managing Supply Chain Risk
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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.
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 | : |
Publisher | : Cybellium |
Total Pages | : 227 |
Release | : |
Genre | : |
ISBN | : 1836793502 |
Welcome to the forefront of knowledge with Cybellium, your trusted partner in mastering the cutting-edge fields of IT, Artificial Intelligence, Cyber Security, Business, Economics and Science. Designed for professionals, students, and enthusiasts alike, our comprehensive books empower you to stay ahead in a rapidly evolving digital world. * Expert Insights: Our books provide deep, actionable insights that bridge the gap between theory and practical application. * Up-to-Date Content: Stay current with the latest advancements, trends, and best practices in IT, Al, Cybersecurity, Business, Economics and Science. Each guide is regularly updated to reflect the newest developments and challenges. * Comprehensive Coverage: Whether you're a beginner or an advanced learner, Cybellium books cover a wide range of topics, from foundational principles to specialized knowledge, tailored to your level of expertise. Become part of a global network of learners and professionals who trust Cybellium to guide their educational journey. www.cybellium.com
Author | : Christiansen, Bryan |
Publisher | : IGI Global |
Total Pages | : 718 |
Release | : 2015-11-12 |
Genre | : Business & Economics |
ISBN | : 1466696400 |
Supply Chain Management (SCM) has always been an important aspect of an enterprise’s business model and an effective supply chain network is essential to remaining competitive in a global environment. By properly managing the flow of goods and services, businesses can operate more efficiently while managing most of the workload behind-the-scenes. The Handbook of Research on Global Supply Chain Management is an in-depth reference source that covers emerging issues and relevant applications of information pertaining to supply chain management from an international perspective. Featuring coverage on topics such as the global importance of SCMs to strategies for producing an effective supply chain, this comprehensive publication is an essential resource for academics and business professionals alike interested in uncovering managerial insight and logistics solutions.
Author | : Matthew A. Waller |
Publisher | : Pearson Education |
Total Pages | : 208 |
Release | : 2014 |
Genre | : Business & Economics |
ISBN | : 0133448827 |
Inventory 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
Author | : Andrew Hiles |
Publisher | : John Wiley & Sons |
Total Pages | : 832 |
Release | : 2010-11-02 |
Genre | : Business & Economics |
ISBN | : 0470710799 |
With a pedigree going back over ten years, The Definitive Handbook of Business Continuity Management can rightly claim to be a classic guide to business risk management and contingency planning, with a style that makes it accessible to all business managers. Some of the original underlying principles remain the same – but much has changed. This is reflected in this radically updated third edition, with exciting and helpful new content from new and innovative contributors and new case studies bringing the book right up to the minute. This book combines over 500 years of experience from leading Business Continuity experts of many countries. It is presented in an easy-to-follow format, explaining in detail the core BC activities incorporated in BS 25999, Business Continuity Guidelines, BS 25777 IT Disaster Recovery and other standards and in the body of knowledge common to the key business continuity institutes. Contributors from America, Asia Pacific, Europe, China, India and the Middle East provide a truly global perspective, bringing their own insights and approaches to the subject, sharing best practice from the four corners of the world. We explore and summarize the latest legislation, guidelines and standards impacting BC planning and management and explain their impact. The structured format, with many revealing case studies, examples and checklists, provides a clear roadmap, simplifying and de-mystifying business continuity processes for those new to its disciplines and providing a benchmark of current best practice for those more experienced practitioners. This book makes a massive contribution to the knowledge base of BC and risk management. It is essential reading for all business continuity, risk managers and auditors: none should be without it.
Author | : John T. Mentzer |
Publisher | : SAGE |
Total Pages | : 601 |
Release | : 2007 |
Genre | : Business & Economics |
ISBN | : 1412918057 |
Today all companies either source globally, sell globally, or compete with some company that does. This handbook provides a comprehensive understanding and assessment of the field of global logistics and supply chain management.
Author | : Edited by Rommel Sergio |
Publisher | : Notion Press |
Total Pages | : 155 |
Release | : 2022-03-19 |
Genre | : Reference |
ISBN | : |
Any organization worth its salt would have a thriving story to tell. The COVID-19 pandemic has brought incredibly disruptive challenges to organizations worldwide. Lest be labeled as wanting because of the magnitude of the problems that beset, business and educational organizations must take it upon themselves to discover and present to the world the novel management practices that arose out of the problems that these organizations have experienced. This book provides management cases that deal with the organization’s implicit challenges and, at the same time, the best practices that have positively affected the growth of the business or organizational enterprise. Educators and trainers of today will benefit from this book in their teaching of management cases. The book integrates global issues with a local flair to provide practical experiences in various business and educational settings during the pandemic. The cases include scope within change management, organizational development, human resource management, organizational behavior, corporate social responsibility, innovation, sustainability, educational management, supply chain management, business ethics, and strategic management.
Author | : Hokey Min |
Publisher | : FT Press |
Total Pages | : 576 |
Release | : 2015-05-23 |
Genre | : Business & Economics |
ISBN | : 0134036409 |
This is today's indispensable introduction to supply chain management for today's students and tomorrow's managers – not yesterday's! Prof. Hokey Min focuses on modern business strategies and applications – transcending obsolete logistics- and purchasing-driven approaches still found in many competitive books. Focusing on outcomes throughout, The Essentials of Supply Chain Management shows how to achieve continuous organizational success by applying modern supply chain concepts. Reflecting his extensive recent experience working with leading executives and managers, Min teaches highly-effective methods for supply chain thinking and problem-solving. You'll master an integrated Total System Approach that places functions like inventory control and transportation squarely in context, helping you smoothly integrate internal and external functions, and establish effective inter-firm cooperation and strategic alliances across complex supply chains. Coverage includes: Understanding modern sourcing, logistics, operations, sales, and marketing – and how they fit together Using modern supply chain methods to improve customer satisfaction and quality Working with cutting-edge supply chain technology and metrics Moving towards greater sustainability and more effective risk management Working with core analytical tools to evaluate supply chain practices and measure performance Legal, ethical, cultural, and environmental/sustainability aspects of modern supply chain operations How to build a career in global supply chain management The Essentials of Supply Chain Management will be an indispensable resource for all graduate and undergraduate students in supply chain management, and for every practitioner pursuing professional certification or executive education in the field.
Author | : |
Publisher | : Bookboon |
Total Pages | : 112 |
Release | : |
Genre | : |
ISBN | : 8776817989 |