The complete guide to planning, implementing, measuring, and optimizing world-class inventory management operations
- Covers planning, designing, controlling, and coordinating all aspects of inventory management including the unique challenges of global environments
- Introduces crucial concepts, principles, terminology, elements, processes, strategies, technologies, linkages to other business functions, metrics, and more
- Covers long-term strategic decisions, mid-term tactical decisions, and short-term operational decisions
- For all practitioners and students concerned with inventory management and related processes
- Written by world-renowned experts in collaboration with the Council of Supply Chain Management Professionals (CSCMP)
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
Inventory management is a critical component of supply chain management, addressing how much inventory should be carried across the supply chain, where to carry it, and howlCÔ