Production and Inventory Control

This textbook covers the basic principles of Production and Inventory Controls, and extends into emerging technologies, covering how to analytically assess a company's current processes and prioritize to best improve productivity, inventory levels and customer service. It shows how to incorporate world-class best practices into a robust roadmap for improvement.

Methodologies discussed include inventory management, the Pareto principle, Lean operations, Kanbans, utilizing statistics to optimize inventory, manufacturing-run strategies, production planning and scheduling, and push-pull-hybrid production systems. Uniquely, the book also includes an evaluation of the use of emerging technologies in Production and Inventory Control management. Real-life cases studies are used throughout, which show the application of Production and Inventory Control management techniques in operational situations, coupled with assessment activities to aid understanding. A unique case shows the step-by-step transformation of a material management system at an OEM.

Providing a comprehensive and applied approach, this text should be recommended and core reading for advanced undergraduate and postgraduate students of Production and Inventory Management, Operations Management and Lean Operations.