Definitive Guide to Inventory Management, The
Principles and Strategies for the Efficient Flow of Inventory across the Supply Chain
1st Edition
Published on 19. March 2014
208 pages
978-0-13-344884-9 (ISBN)
Description
Master and apply both the technical and behavioral skills you need to succeed in any inventory management role or function! Now, there's an authoritative and comprehensive guide to best-practice inventory management in any organization. Authored by world-class experts in collaboration with the Council of Supply Chain Management Professionals (CSCMP), this text illuminates planning, organizing, controlling, directing, motivating and coordinating all the activities used to efficiently control product flow. The Definitive Guide to Inventory Management covers long-term strategic decisions; mid-term tactical decisions; and even short-term operational decisions. Topics discussed include:
Basic inventory management goals, roles, concepts, purposes, and terminology
Key inventory management elements, processes, and interactions
Principles/strategies for establishing efficient and effective inventory flows
Using technology in inventory planning and management
New approaches to inventory reduction: postponement, vendor-managed inventories, cross-docking, and quick response systems
Trade-offs between inventory and transportation costs, including carrying costs
Requirements and challenges of global inventory management
Best practices, metrics, and frameworks for assessing inventory management performance
Basic inventory management goals, roles, concepts, purposes, and terminology
Key inventory management elements, processes, and interactions
Principles/strategies for establishing efficient and effective inventory flows
Using technology in inventory planning and management
New approaches to inventory reduction: postponement, vendor-managed inventories, cross-docking, and quick response systems
Trade-offs between inventory and transportation costs, including carrying costs
Requirements and challenges of global inventory management
Best practices, metrics, and frameworks for assessing inventory management performance
More details
Series
Edition
1. Auflage
Language
English
Place of publication
NJ
United States
Publishing group
Pearson Education (US)
Target group
College/higher education
File size
4,64 MB
ISBN-13
978-0-13-344884-9 (9780133448849)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
CSCMP | Matthew Waller | Terry Esper
Definitive Guide to Inventory Management, The
Principles and Strategies for the Efficient Flow of Inventory across the Supply Chain
Book
05/2014
Pearson FT Press
€97.00
Article not available at the moment
Persons
Professor Matthew A. Waller is the Garrison Endowed Chair in Supply Chain Management, Chair of the Department of Supply Chain Management in the Sam M. Walton College of Business at the University of Arkansas, and Chief Data Scientist at Orchestro. He joined the Walton College in 1994. He is Coeditor-in-Chief of Journal of Business Logistics, the leading academic journal in the discipline. He is an inventor on the following patent: Waller, M.A. and Dulaney, E. F. System, Method and Article of Manufacture to Optimize Inventory and Merchandising Shelf Space Utilization, Patent No. US 6,341,269 B1. Date of Patent: January 22, 2002. His opinion pieces have appeared in Wall Street Journal Asia and Financial Times. Dr. Waller is an SEC Academic Leadership Fellow. His research has appeared in Journal of Business Logistics, Production and Operations Management Journal, Journal of Operations Management, Decision Sciences, International Journal of Logistics Management, European Journal of Operational Research, Journal of the Operational Research Society, Transportation Journal, and others. He received a B.S.B.A. summa cum laude from the University of Missouri, and an M.S. and Ph.D. from The Pennsylvania State University.
Dr. Terry L. Esper is the Oren Harris Endowed Chair of Logistics and Associate Professor of Supply Chain Management at the Sam M. Walton College of Business, University of Arkansas. He also serves as Executive Director of the Walton College Supply Chain Management Research Center. Esper has been a faculty member at the University of Tennessee, the University of San Francisco, and the University of Verona (Italy). He has published several articles on issues associated with supply chain relationships and strategic supply chain management in leading academic and managerial outlets. In addition to his current role at the Walton College, Esper is also a member of the Education Strategies Committee for the Council of Supply Chain Management Professionals, serves as an Educational Advisor to the Health and Personal Care Logistics Conference, and is an Associate Editor of the Journal of Supply Chain Management. Esper received both an MBA in transportation and logistics and a Ph.D. in marketing and logistics from the Walton College at the University of Arkansas. Prior to his academic career, Esper worked for Hallmark Cards as a Transportation Manager and for the Arkansas State Highway and Transportation Department in their Research and Statewide Planning Divisions. He is also a three-time recipient of the Dwight D. Eisenhower Transportation Fellowship and a former Eno Fellow.
Founded in 1963, the Council of Supply Chain Management Professionals (CSCMP) is the preeminent worldwide professional association dedicated to the advancement and dissemination of research and knowledge on supply chain management. With more than 8,500 members representing nearly all industry sectors, government, and academia from 67 countries, CSCMP members are the leading practitioners and authorities in the fields of logistics and supply chain management. The organization is led by an elected group of global officers and is headquartered in Lombard, Illinois, USA.
Dr. Terry L. Esper is the Oren Harris Endowed Chair of Logistics and Associate Professor of Supply Chain Management at the Sam M. Walton College of Business, University of Arkansas. He also serves as Executive Director of the Walton College Supply Chain Management Research Center. Esper has been a faculty member at the University of Tennessee, the University of San Francisco, and the University of Verona (Italy). He has published several articles on issues associated with supply chain relationships and strategic supply chain management in leading academic and managerial outlets. In addition to his current role at the Walton College, Esper is also a member of the Education Strategies Committee for the Council of Supply Chain Management Professionals, serves as an Educational Advisor to the Health and Personal Care Logistics Conference, and is an Associate Editor of the Journal of Supply Chain Management. Esper received both an MBA in transportation and logistics and a Ph.D. in marketing and logistics from the Walton College at the University of Arkansas. Prior to his academic career, Esper worked for Hallmark Cards as a Transportation Manager and for the Arkansas State Highway and Transportation Department in their Research and Statewide Planning Divisions. He is also a three-time recipient of the Dwight D. Eisenhower Transportation Fellowship and a former Eno Fellow.
Founded in 1963, the Council of Supply Chain Management Professionals (CSCMP) is the preeminent worldwide professional association dedicated to the advancement and dissemination of research and knowledge on supply chain management. With more than 8,500 members representing nearly all industry sectors, government, and academia from 67 countries, CSCMP members are the leading practitioners and authorities in the fields of logistics and supply chain management. The organization is led by an elected group of global officers and is headquartered in Lombard, Illinois, USA.
Content
Chapter 1: Introduction to Inventory 1
Chapter 2: Inventory Management Fundamentals 9
Chapter 3: Inventory Control 31
Chapter 4: The Link Between Inventory Management and Forecasting 69
Chapter 5: Discrete Event Simulation of Inventory Processes 111
Chapter 6: Additional Inventory Management Processes and Concepts 129
Chapter 7: Managing Supply Chain Inventory Flows 155
Chapter 8: Inventory Performance Measurement 175
Index 189
Chapter 2: Inventory Management Fundamentals 9
Chapter 3: Inventory Control 31
Chapter 4: The Link Between Inventory Management and Forecasting 69
Chapter 5: Discrete Event Simulation of Inventory Processes 111
Chapter 6: Additional Inventory Management Processes and Concepts 129
Chapter 7: Managing Supply Chain Inventory Flows 155
Chapter 8: Inventory Performance Measurement 175
Index 189
