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Management & Leadership |
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Essentials of Inventory Management
written by Max Muller
Studio : AMACOM
by AMACOM
Publisher : AMACOM
Released : 2003-01-28
Availability : Usually ships in 1-2 business days
Number of Items : 1
EAN : 9780814407516
Avg. Customer Rating: (based on 3 reviews)
List Price : $39.95
Our Price : $14.23
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Book Description |
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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. |
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Great condition |
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It was received in good time and in great condition. New as described. I am happy about it. |
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exhibit 2-7 K Factor Example |
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the example provided for determining the carrying costs for 2 years seem to be over stated. In the example the additonal carrying cost of the items that have not moved in two years seems to include the Item cost for each year twice. It shows $ 4,449 that has accumulated after two years. This is should show $ 2,528. Only the Carrying cost should be added for each year to come to the additional carrying cost. The author seems to have included the cost of the items in each year. This will affect the breakeven days. |
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Inventory Essentials |
This book lives up to its title. It is an easy to read introduction to inventory management. If you are new to the concept or are an empiric manager in the process of formalizing your education, this is a good start. Don't look for in depth information or case studies.
On the recommendations side, the author left the topic of safety and occupational health out of the book. It would be good to include this topic in the following edition.
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