Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is mo... [Read More]
Accounting Control Best Practices, Second Edition Control systems are needed to ensure that a company's assets are used in the most productive manner and that they are not lost through fraudulent activities. However, an excessive use of controls can interfere with the efficient completion of activities within a company. Whether your company is in start-up mode, installing new systems, or simply dissatisfied with existing controls due to fraudulent losses, Accounting Control Best Practices, Second Edition is the reference handbook every accountant and systems analyst can use to ensure that thei... [Read More]
The latest best practices for the inventory function "I don't know how he does it, but Steven Bragg makes reading about a subject such as inventory interesting, informative, and very useful. Reading and implementing even some of the best practices in this book will improve your company. I highly recommend this book for people who deal with inventory and for their managers." -- Gail W. Sevier, CPA Member/Manager, Marrs, Sevier & Company LLC Inventory Best Practices is a powerful tool for selecting best practices that will result in measured improvement in a full range of industry-specific issue... [Read More]
How to use industry standards to create complete, consistent, and accurate equipment inventories The National Institute of Science and Technology estimates that the loss of information between the construction of buildings and their operation and maintenance costs facility owners $15.8 billion every year. This phenomenal loss is caused by inconsistent standards for capturing information about facilities and their equipment. In Equipment Inventories for Owners and Facility Managers, Robert Keady draws on his twenty+ years of experience in facility management and his intimate knowledge of CSI cl... [Read More]
A groundbreaking, up-to-date look at the Best Practice in Inventory Management "This book is aimed to show how good inventory control can be used in practice. It is a result of working continuously on inventory control with a large number of companies over many years. It contains the distilled techniques which have been tried out and proved to work. . . . [It] is a driver's manual of inventory controllers. It will cover the working of the engine (how inventory control techniques work), how to use the controls (what the techniques do and how to manage them), and how to get the best out of the v... [Read More]
Master scheduling is the heartbeat of every manufacturing and distribution process. In fact, there is no more important process within manufacturing. This up-to-date "how-to" guide explains how master scheduling integrates with Lean and Six Sigma to create the perfect environment for robust control and continuous improvement. World Class Master Scheduling will help organizations establish rules of engagement and set the stage for maximum effectiveness of both Lean strategies and Six Sigma in the scheduling process. The author describes the need for cooperation with the demand side of the organ... [Read More]
The present work is an attempt to consider the inventory control with the application of control system theory where obtaining feedback, drawing conclusions and implementation becomes an integral part of control without any time gap. The analyses of the results obtained by control system are also helpful in determining some objective oriented mathematical formulations used in decision making for the betterment of the performance. These formulations provide a criterion to prevent deterioration of situation beyond a certain level and then a platform to improve the situation. This can also be tak... [Read More]
Inventory management is about more than counting what you’ve got. It’s about understanding business realities and making decisions that balance current demand with future needs. Author Max Muller teaches readers how to do this while keeping overhead and operating costs at a minimum by maximizing productivity in key areas--from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Novice and veteran managers alike will gain ultra-practical tips and tricks on topics including forecasting and replenishment strategies... [Read More]
Good management of inventory enables companies to improve their customer service, cash flow and profitability. 'Best Practice in Inventory Management' outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to produce the desired effect in practice. The book shows how inventory management techniques can be used in a wide variety of situations, particularly in stores where the inventory can be anything from fast moving products to slow moving spares. The discussion extends across distribution warehousing and manufacturers' operations.The text is based... [Read More]
30 up-to-date case studies illuminate every aspect of modern supply chain management • Risk management, analytics, global supply chain issues, and much more • Innovative processes, technologies, strategies, and tactics • An indispensable resource for both students and practitioners This casebook brings together 30 focused cases addressing virtually every aspect of supply chain management, from procurement to warehousing, strategy to risk management, IT to supplier selection and ethics. A global team of contributors presents key challenges in industries ranging from pharmaceutica... [Read More]
Radio Frequency Identification (RFID) or Near Field Communication (NFC) are rapidly changing the way businesses track inventory and assets. From Wal-Mart and Tesco to the U.S. Department of Defense, early efforts are already showing benefits, but software, integration, and data processing for RFID still present a challenge. If you are a developer or an architect charged with developing an RFID system, this book is for you. Drawing on extensive experience, Bill Glover and Himanshu Bhatt provide you with essential information on this emerging technology. With the knowledge you gain in these pag... [Read More]
Pursuant to a congressional request, GAO examined the Navy's aircraft logistics system, focusing on the Navy's efforts to improve and reduce the cost of the system.GAO found that: (1) the best practices identified in the airline industry could improve the responsiveness of the Navy's logistics system and save millions of dollars; (2) the Navy's logistics system is complex and often does not respond quickly to customer needs; (3) the factors contributing to this situation include the lack of spare parts, slow distribution, and inefficient repair practices; (4) some customers wait as long as fou... [Read More]
Pursuant to a congressional request, GAO reviewed the Defense Logistics Agency's (DLA) schedule for implementing best commercial practices for inventory management, focusing on whether the schedule: (1) described the extent to which the initiatives cover each supply category; (2) established key performance indicators to measure the overall impact the initiatives will have on logistics costs and efficiency of operations; and (3) provided criteria and plans for expanding or fully implementing the initiatives to cover the entire supply category.GAO noted that: (1) DLA's schedule provides informa... [Read More]
As leading authorities worldwide on setting part stocking levels for safety stocks to support the production process, the authors have shown that between 25 and 50 percent of the inventory investment is not necessary. Thus the overall objective of this book is to instruct readers in how to optimize their company’s spare parts asset. This compilation of the best techniques and practices for optimizing MRO inventory offers numerous case studies showing the best and not so good ways to improve plant inventory performance. Based on practical solutions to everyday inventory problems, it uses simp... [Read More]
Pursuant to a congressional request, GAO reviewed the Army's logistics system for aviation parts, focusing on: (1) the current performance of the Army's logistics system; (2) the Army's efforts to improve the logistics system and reduce costs; and (3) opportunities where best practices could be incorporated into the Army's logistics operations. GAO did not test or otherwise validate the Army's data.GAO noted that: (1) the Army's efforts to improve its logistics pipeline for aviation parts and reduce logistics costs could be enhanced by incorporating best practices GAO has identified in the pri... [Read More]
Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and
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