Essentials of Inventory Management FROM THE PUBLISHER
Most inventory professionals would gladly trade all the "latest thinking" books for a guide they could use to do their jobs better right now.
Essentials of Inventory Management! presents ready-to-use information in key areas from physical control and layout to problem identification and resolution. Concentrating on daily-use inventory concepts, this practical workplace companion specifically addresses:
* Forecasting and replenishment strategies
* Differences between finished-goods (retail) inventories and materials or work-in-process (manufacturing) inventories.
* Materials requirements planning (MRP) and just-in-time (JIT) inventory systems
* Managing inventory as both a physical object and a monetary value
* Applying simple formulas to calculating quantities
* Analyzing and remedying dysfunction
Plus, the book covers theft prevention, legal obligations, and the managment of natural, technological, and incited emergencies. In all, it's the most thorough introduction available to the inventory management profession.
Author Biography: Max Muller (Overland Park, KS) has been CEO or COO for distributors of products ranging from food to ATMs to safety equipment.
Seminars he has developed have been attended by more than 100,000 people in the U.S., Canada, and the United Kingdom.
SYNOPSIS
Former business executive Muller addresses basic concepts in inventory management from the standpoints of finance, physical control, forecasting, and operations. He explains current practice in "Just-in-time" models, discusses differences between finished goods and raw materials, examines basic formulae for calculating inventory, and explores the analysis of dysfunction. Annotation (c)2003 Book News, Inc., Portland, OR
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