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Inventory Management

Principles, Concepts and Techniques

  • Book
  • © 2000

Overview

Authors:
  1. John W. Toomey
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Part of the book series: Materials Management Logistics Series (MMLS, volume 12)

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Table of contents (14 chapters)

  1. Front Matter

    Pages i-x
    Download chapter PDF

  2. Overview

    • John W. Toomey
    Pages 1-11

  3. Cost Concepts

    • John W. Toomey
    Pages 13-27

  4. Forecasting

    • John W. Toomey
    Pages 29-43

  5. Inventory Reliability

    • John W. Toomey
    Pages 45-59

  6. Order Quantities

    • John W. Toomey
    Pages 61-75

  7. Replenishing Independent Demand

    • John W. Toomey
    Pages 77-89

  8. Replenishing Dependent Demand

    • John W. Toomey
    Pages 91-106

  9. Master Production Scheduling

    • John W. Toomey
    Pages 107-121

  10. Distribution Management

    • John W. Toomey
    Pages 123-133

  11. Distribution Resource Planning

    • John W. Toomey
    Pages 135-149

  12. Purchasing Management

    • John W. Toomey
    Pages 151-163

  13. Manufacturing Management

    • John W. Toomey
    Pages 165-179

  14. Supply Chain Management

    • John W. Toomey
    Pages 181-193

  15. Inventory Management Organization

    • John W. Toomey
    Pages 195-208

  16. Back Matter

    Pages 209-228
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Keywords

About this book

The goal of Inventory Management will be to explain the dynamics of inventory management's principles, concepts, and techniques as they relate to the entire supply chain (customer demand, distribution, and product transformation processes). The interrelationships of all functions will be defined. The book concentrates on understanding the many ramifications of inventory management. In today's competitive business environment, inventory management has proven to be most critical, and this book is directed to the management of inventory to assist in better understanding the body of knowledge required to operate in a competitive world. Almost all functions such as sales, engineering, and accounting have an impact and are impacted by inventory management. The book will assist in the training of students as well as APICS CPIM (Certified in Production and Inventory Management) candidates. As such it will not only be a textbook, but also a desk reference for those employees responsible for controlling inventories, and thereby assist in reducing cost, improving customer service, and maximizing capacity.
Each chapter concludes with a case study and suggested solution. The case studies tell the story of a growing company, Smith Industries, and the related inventory management problems it had to address. The problems addressed relate to the subject matter of the chapter.

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