The Inventory Toolkit: Business Systems Solutions

ISBN-13: 9780749482121 / Angielski / Miękka / 2019 / 448 str.

Geoff Relph; Catherine Milner

Opis

Effective inventory management can increase revenue, reduce costs, and help to reach KPI targets. The Inventory Toolkit is an indispensable guide for operations management professionals who are looking to improve the effectiveness of the inventory management and Material Resource Planning (MRP) functions within their organizations. Looking beyond the complexity and theory of inventory management, Geoff Relph and Catherine Milner focus on the most important decisions managers need to make when managing inventory and achieving targets set in the boardroom. The Inventory Toolkit examines how inventory management should work, how to control it, and how to balance it through the use of the revolutionary k-curve methodology. This comprehensive second instalment of Inventory Management includes case studies from diverse industries such as retail and aerospace, and contains worked examples and regular exercises which illustrate how the inventory tools can be used in an operational setting. Accompanying online resources include Excel workbooks with ready-to-use formulae, which encourage the reader to experiment with the data and gain a better understanding of the practical effects of each formula.

Recenzje

"Every inventory manager worth their salt should be working with this book. It has a thorough explanation of the history of inventory management analysis tools, but crucially what they do and how to use them. The Excel examples with formulas are excellent and raises the bar for Inventory analysis texts." Sophie Damoglou, Supply Chain Manager, Icomera

Spis treści

• • Chapter - 00: Introduction;
  • Chapter - 01: Introduction to inventory management;
  • Chapter - 02: Business systems and business;
  • Chapter - 03: Inventory balancing and control;
  • Chapter - 04: The complexity of inventory management within business systems;
  • Chapter - 05: Stack and flow inventories;
  • Chapter - 06: Traditional thinking in inventory optimization;
  • Chapter - 07: k-curve methodology;
  • Chapter - 08: The practical application of k-curve;
  • Chapter - 09: Case study examples of k-curve planning approach;
  • Chapter - 10: Review, summary and what to do next;
  • Chapter - 11: Appendix A;
  • Chapter - 12: Appendix B;
  • Chapter - 13: Appendix C;
  • Chapter - 14: Useful websites;
  • Chapter - 15: Index;

O autorze

Dr. Geoff Relph's experience in inventory and business systems management includes operational, consulting and academic roles spanning 40 years. He gained his initial 'hands on' experience in MRP operations and inventory management over 20 years with IBM. Geoff has worked since 2002 as an inventory expert in operational, consulting and training roles for companies both large and small and has led a wide range of projects that have improved supply and demand performance. Geoff completed his Doctorate in Inventory Management in Business Systems in 2006. He is an associate lecturer at the Warwick Manufacturing Group, University of Warwick, and delivers modules for the MSc Programme both in the UK and internationally. Catherine Milner is a chartered engineer and has nearly 20 years' experience working in aerospace, petrochemicals and telecommunications. She has project managed many successful projects on electronic data exchange with customers, forecasting, MRP, supply chain management, and business process re-engineering. She is currently a visiting lecturer at the University of Warwick and Chairman of the Institute of Operations Management.