Inventory Control

Author : Sven Axsäter
Publisher : Springer
Page : 268 pages
File Size : 40,6 Mb
Release : 2015-07-06
Category : Business & Economics
ISBN : 9783319157290

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Inventory Control by Sven Axsäter Pdf

This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning. It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation. The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts. As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.

Author : Max Muller
Publisher : AMACOM Div American Mgmt Assn
Page : 272 pages
File Size : 43,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780814416556

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Essentials of Inventory Management by Max Muller Pdf

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 : Geert-Jan van Houtum,Bram Kranenburg
Publisher : Springer
Page : 215 pages
File Size : 55,9 Mb
Release : 2015-05-18
Category : Business & Economics
ISBN : 9781489976093

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Spare Parts Inventory Control under System Availability Constraints by Geert-Jan van Houtum,Bram Kranenburg Pdf

This book focuses on the tactical planning level for spare parts management. It describes a series of multi-item inventory models and presents exact and heuristic optimization methods, including greedy heuristics that work well for real, life-sized problems. The intended audience consists of graduate students, starting scholars in the field of spare parts inventory control, and spare parts planning specialists in the industry. In individual chapters the authors consider topics including: a basic single-location model; single-location models with multiple machine types and/or machine groups; the multi-location model with lateral transshipments; the classical METRIC model and its generalization to multi-indenture systems; and a single-location model with an explicit modeling of the repair capacity for failed parts and the priorities that one can set there. Various chapters of the book are used in a master course at Eindhoven University of Technology and in a PhD course of the Graduate Program Operations Management and Logistics (a Dutch network that organizes PhD courses in the field of OM&L). The required pre-knowledge consists of probability theory and basic knowledge of Markov processes and queuing theory. End-of-chapter problems appear for all chapters, with some answers appearing in an appendix.

Author : George W. Plossl,Oliver W. Wight
Publisher : Englewood Cliffs, N.J. : Prentice-Hall
Page : 458 pages
File Size : 52,7 Mb
Release : 1967
Category : Business & Economics
ISBN : UOM:39015000485790

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Production and Inventory Control by George W. Plossl,Oliver W. Wight Pdf

Management textbook on production planning and input output control, with particular reference to practices in the USA - covers forecasting, supply and demand factors, costs, the time factor, operational research and the use of EDP therein, etc., and includes a number of case studies and bibliographys.

Author : Nick T. Thomopoulos
Publisher : Springer
Page : 188 pages
File Size : 50,6 Mb
Release : 2014-12-04
Category : Business & Economics
ISBN : 9783319119762

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Demand Forecasting for Inventory Control by Nick T. Thomopoulos Pdf

This book describes the methods used to forecast the demands at inventory holding locations. The methods are proven, practical and doable for most applications, and pertain to demand patterns that are horizontal, trending, seasonal, promotion and multi-sku. The forecasting methods include regression, moving averages, discounting, smoothing, two-stage forecasts, dampening forecasts, advance demand forecasts, initial forecasts, all time forecasts, top-down, bottom-up, raw and integer forecasts, Also described are demand history, demand profile, forecast error, coefficient of variation, forecast sensitivity and filtering outliers. The book shows how the forecasts with the standard normal, partial normal and truncated normal distributions are used to generate the safety stock for the availability and the percent fill customer service methods. The material presents topics that people want and should know in the work place. The presentation is easy to read for students and practitioners; there is little need to delve into difficult mathematical relationships, and numerical examples are presented throughout to guide the reader on applications. Practitioners will be able to apply the methods learned to the systems in their locations, and the typical worker will want the book on their bookshelf for reference. The potential market is vast. It includes everyone in professional organizations like APICS, DSI and INFORMS; MBA graduates, people in industry, and students in management science, business and industrial engineering.

Author : Shah, Nita H.,Mittal, Mandeep
Publisher : IGI Global
Page : 644 pages
File Size : 52,7 Mb
Release : 2017-12-22
Category : Business & Economics
ISBN : 9781522532330

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Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques by Shah, Nita H.,Mittal, Mandeep Pdf

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 : David Frederick Ross
Publisher : Springer Science & Business Media
Page : 808 pages
File Size : 45,5 Mb
Release : 1995-11-30
Category : Technology & Engineering
ISBN : 0412065215

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Distribution by David Frederick Ross Pdf

It has been said that every generation of historians seeks to rewrite what a previous generation had established as the standard interpretations of the motives and circumstances shaping the fabric of historical events. It is not that the facts of history have changed. No one will dispute that the battle of Waterloo occurred on June 11, 1815 or that the allied invasion of Europe began on June 6, 1944. What each new age of historians are attempting to do is to reinterpret the motives of men and the force of circumstance impacting the direction of past events based on the factual, social, intellectual, and cultural milieu of their own generation. By examining the facts of history from a new perspective, today's historians hope to reveal some new truth that will not only illuminate the course of history but also validate contempo rary values and societal ideals. Although it is true that tackling the task of developing a new text on logistics and distribution channel management focuses less on schools of philosophical and social analysis and more on the calculus of managing sales campaigns, inventory replenishment, and income statements, the goal of the management scientist, like the historian, is to merge the facts and figures of the discipline with today's organizational, cultural, and economic realities. Hopefully, the result will be a new synthesis, where a whole new perspective will break forth, exposing new directions and opportunities.

Author : Mittal, Mandeep,Shah, Nita H.
Publisher : IGI Global
Page : 406 pages
File Size : 52,7 Mb
Release : 2016-03-29
Category : Business & Economics
ISBN : 9781466698895

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Optimal Inventory Control and Management Techniques by Mittal, Mandeep,Shah, Nita H. Pdf

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. Optimal Inventory Control and Management Techniques explores emergent research in stock management and product control within organizations. Featuring diverse perspectives on the implementation of various optimization techniques, genetic algorithms, and datamining concepts, as well as research on big data applications for inventory management, this publication is a comprehensive reference source for practitioners, educators, and researchers in the fields of logistics, operations management, and retail management.

Author : Colin Lewis
Publisher : Routledge
Page : 172 pages
File Size : 48,5 Mb
Release : 2012-05-23
Category : Business & Economics
ISBN : 9781136346835

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Demand Forecasting and Inventory Control by Colin Lewis Pdf

This practical book covers the forecasting- and inventory control methods used in commercial, retail and manufacturing companies. Colin Lewis explains the theory and practice of current demand forecasting methods, the links between forecasts produced as a result of analysing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly used inventory control systems. The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.

Author : Roberto Rossi
Publisher : Open Book Publishers
Page : 184 pages
File Size : 54,7 Mb
Release : 2021-05-24
Category : Business & Economics
ISBN : 9781800641778

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Inventory Analytics by Roberto Rossi Pdf

Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for deterministic inventory control. It further discusses predictive analytics techniques for demand forecasting in inventory control and also examines prescriptive analytics models for stochastic inventory control. Inventory Analytics is the first book of its kind to adopt a practicable, Python-driven approach to illustrating theories and concepts via computational examples, with each model covered in the book accompanied by its Python code. Originating as a collection of self-contained lectures, Inventory Analytics will be an indispensable resource for practitioners, researchers, teachers, and students alike.

Author : Sven Axsäter
Publisher : Springer Science & Business Media
Page : 210 pages
File Size : 43,8 Mb
Release : 2013-04-17
Category : Business & Economics
ISBN : 9781475756067

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Inventory Control by Sven Axsäter Pdf

Modem information technology has created new possibilities for more sophisticated and efficient control of supply chains. Most organizations can reduce their material flow costs substantially. Inventory control techniques are very important components in this development process. A thorough understanding of relevant inventory models is a prerequisite for successful implementation. I hope that this book will be a useful tool in acquiring such an understanding. Nearly ten years ago I wrote a Swedish book on inventory control. This previous book has been used in courses in production and inventory control at several Swed ish engineering schools and has also been appreciated by many practitioners in the field. Positive reactions from many readers have occasionally made me contemplate writing a new book in English on the same subject. Encouraging support of this idea from the Kluwer Editors Fred Hillier and Gary Folven finally convinced me to go ahead with the project. The result is this new book, which in many ways differs from its Swedish prede cessor. Some differences are due to recent developments in inventory control. Fur thermore, this new book is in a sense more theoretical. In particular, it is to a larger extent focused on creating a good basic understanding of different possible ap proaches when analyzing inventory models.

Author : Edward A. Silver,David F. Pyke,Douglas J. Thomas
Publisher : CRC Press
Page : 810 pages
File Size : 41,6 Mb
Release : 2016-12-19
Category : Business & Economics
ISBN : 9781466558625

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Inventory and Production Management in Supply Chains by Edward A. Silver,David F. Pyke,Douglas J. Thomas Pdf

Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

Author : Nechelle Jones
Publisher : AuthorHouse
Page : 121 pages
File Size : 52,9 Mb
Release : 2015-01-23
Category : Self-Help
ISBN : 9781496962157

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Inventory Control by Nechelle Jones Pdf

This book was created in easy form for millions of teenagers, young adults, women, and men to increase their income and have a better knowledge and understanding of how to execute and perform inventory and move forward toward a successful career. Maybe you have never worked for a company that has inventory but you have the potential and are interested in learning more about the inventory field. Maybe you are working for a company that has inventory and you are interested in learning the inventory field. Maybe you are a manager who wants to improve your inventory. Maybe you are a business owner who wants to improve your revenue and profits. Maybe you are a high school student and math is your favorite subject. Or maybe you cant or couldnt attend college due to different reasons, but you want a great income and a promising career. Whichever the reason, this book is for you, and you can give yourself the self help you need to move to top level success! You will never have to work for minimum wage, low hourly wages, and low salary wages again! This will highly increase your knowledge, understanding, resume, career, and qualify you for top positions in hundreds of different jobs in different job fields across the United States. The task of mastering and executing inventory sounds hard, but it is fairly easy. Inventory is a very promising career, and its very important and a top priority in too many companies and businesses around the world. Without inventory, hundreds of companies and businesses will have to close its doors.

Author : United States. General Accounting Office
Publisher : Unknown
Page : 68 pages
File Size : 50,6 Mb
Release : 1981
Category : Railroads
ISBN : STANFORD:36105126810600

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Conrail Needs to Further Improve Inventory Control and Management by United States. General Accounting Office Pdf

Author : United States. Congress. Senate. Committee on Governmental Affairs
Publisher : Unknown
Page : 382 pages
File Size : 47,6 Mb
Release : 1988
Category : Inventory control
ISBN : STANFORD:36105045367930

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Inventory Control in the Department of Defense by United States. Congress. Senate. Committee on Governmental Affairs Pdf