Basics of Inventory Management : From Warehouse to Distribution Center.
Viale, J. David.
Basics of Inventory Management : From Warehouse to Distribution Center. - 1st ed. - 1 online resource (134 pages)
TITLE -- COPYRIGHT -- ABOUT THE AUTHOR -- TO THE READERS -- WHAT'S IN IT FOR YOU PERSONALLY? -- CONTENTS -- INTRODUCTION -- MODULE I Inventory Objectives and Policies -- WHAT IS INVENTORY MANAGEMENT? -- Why Management Inventory? -- THE FOUR OBJECTIVES OF INVENTORY MANAGEMENT -- #1: Maximizing Customer Service -- #2: Maximizing the Efficiency of Purchasing and Production -- #3: Minimizing Inventory Investment -- #4 -- Maximizing Profit -- HANDLING CONFLICTING OBJECTIVES -- INVENTORY CATEGORIES -- TYPES OF INVENTORY -- Decoupling Inventory -- Transportation (Pipeline) Inventory -- Anticipation Stock -- Hedging Stock -- SUMMARY -- EXERCISE 1: Match Game -- EXERCISE 2: Fill In the Blanks -- MODULE II Independent Demand Inventory Systems -- INVENTORY INFORMATION SYSTEMS -- INDEPENDENT DEMAND MODELS -- #1. Fixed Reorder CYCLE Inventory Model -- #2. Fixed Reorder QUANTITY Inventory Model -- Reorder Point with Safety Stock -- EXERCISE 1: Calculations -- #3. Optional Replenishment System -- #4. Joint Replenishment System -- Visual Review Systems -- Time-Phased Order Point (TPOP) -- ENVIRONMENTS AND THEIR EFFECTS ON INVENTORY MANAGEMENT -- ORDER CYCLES AND LEAD TIMES -- Summary -- EXERCISE 2: Choose the Correct Answer -- MODULE III Inventory Management Tools and Techniques -- FORECASTING AND DETERMINING INVENTORY LEVELS -- DETERMINING INVENTORY NEEDED -- The Role of Safety Stock -- ESSENTIAL CALCULATIONS (STANDARD DEVIATION) -- The Answer -- THE 80/20 RULE (ABC ANALYSIS) -- DETERMINING OTHER COSTS -- Ordering/Setup Cost -- Carrying Cost -- Storage Costs -- Stockout Costs -- Transportation Costs -- LOT SIZE AND SAFETY STOCK -- Fixed Order Quantity -- Economic Order Quantity -- Economic Order Quantity -- Period Order Quantity -- Lot-for-Lot -- Periods of Supply -- Part-Period Balancing -- Wagner-Whitin Algorithm -- EXERCISE 1: Calculations. EXERCISE 2: Fill In the Blanks -- EXERCISE 3: Choose the Correct Answer -- MODULE IV Inventory Management and Financial Analysis -- FINANCIAL CONTROL OF INVENTORY -- BALANCE SHEET BASICS -- Balance Sheet Components -- USEFUL TIPS FOR READING A BALANCE SHEET -- INCOME STATEMENT BASICS -- USEFUL TIPS FOR READING AN INCOME STATEMENT -- EXERCISE 1: Observations -- THE BASIC MANUFACTURING EQUATION -- KEY FINANCIAL RATIOS -- EXERCISE 2: Calculating Ratios -- FINANCIAL EVALUATION CHECKLIST -- Balance Sheet -- Income Statement -- Other Issues -- IDENTIFYING SUPPLIERS WITH POTENTIAL CASH-FLOW PROBLEMS -- COSTED BILL OF MATERIALS -- Explanation of Cost Buildup Product F (1 unit) -- Questions to Ask When Reviewing a Costed Bill of Materials -- ALLOCATION OF FACTORY OVERHEAD AND ACTIVITY-BASED COSTING -- Inventory Valuation -- EXERCISE 3: Valuing Inventory -- EXERCISE 4: Choose the Correct Answer -- MODULE V Physical Controls: The Warehouse Environment -- OBJECTIVES OF WAREHOUSING -- Types of Warehouses -- WAREHOUSE LAYOUT FOR OPTIMAL EFFICIENCY -- Establishing a System for Locating Parts (Locator System) -- Fixed Location System -- Floating Location System -- Physical Control (Cycle Counting) and Information Systems -- Cycle Counting -- EXERCISE 1: Fill In the Charts -- PICKING, PACKING, AND SHIPPING -- COSTS OF WAREHOUSING -- Location of Warehouses and Distribution Centers -- Qualitative and Quantitative Costs -- SETTING UP A WAREHOUSE SYSTEM -- EXERCISE 2: Choose the Correct Answer -- MODULE VI Distribution Inventory Planning and Control -- DELIVERING PRODUCTS -- LOGISTICS -- TYPES OF DISTRIBUTION SYSTEMS -- FORECASTING STOCKKEEPING UNIT (SKU) REQUIREMENTS -- Equal Run-Out/Fair Share Quantity Logic -- INTEGRATING DISTRIBUTION AND MANUFACTURING SYSTEMS -- Time-Phased Order Point (TPOP) -- EXERCISE 1: Calculations -- JUST-IN-TIME IN A DISTRIBUTION ENVIRONMENT. EXERCISE 2: Choose the Correct Answer -- NOTE TO THE READER -- Answers to Exercises -- Module I Answers -- Module II Answers -- Module III Answers -- Module IV Answers -- Module V Answers -- Module VI Answers.
9781417524860
Inventory control.
Electronic books.
TS160 -- .V53 1996eb
658.7/87
Basics of Inventory Management : From Warehouse to Distribution Center. - 1st ed. - 1 online resource (134 pages)
TITLE -- COPYRIGHT -- ABOUT THE AUTHOR -- TO THE READERS -- WHAT'S IN IT FOR YOU PERSONALLY? -- CONTENTS -- INTRODUCTION -- MODULE I Inventory Objectives and Policies -- WHAT IS INVENTORY MANAGEMENT? -- Why Management Inventory? -- THE FOUR OBJECTIVES OF INVENTORY MANAGEMENT -- #1: Maximizing Customer Service -- #2: Maximizing the Efficiency of Purchasing and Production -- #3: Minimizing Inventory Investment -- #4 -- Maximizing Profit -- HANDLING CONFLICTING OBJECTIVES -- INVENTORY CATEGORIES -- TYPES OF INVENTORY -- Decoupling Inventory -- Transportation (Pipeline) Inventory -- Anticipation Stock -- Hedging Stock -- SUMMARY -- EXERCISE 1: Match Game -- EXERCISE 2: Fill In the Blanks -- MODULE II Independent Demand Inventory Systems -- INVENTORY INFORMATION SYSTEMS -- INDEPENDENT DEMAND MODELS -- #1. Fixed Reorder CYCLE Inventory Model -- #2. Fixed Reorder QUANTITY Inventory Model -- Reorder Point with Safety Stock -- EXERCISE 1: Calculations -- #3. Optional Replenishment System -- #4. Joint Replenishment System -- Visual Review Systems -- Time-Phased Order Point (TPOP) -- ENVIRONMENTS AND THEIR EFFECTS ON INVENTORY MANAGEMENT -- ORDER CYCLES AND LEAD TIMES -- Summary -- EXERCISE 2: Choose the Correct Answer -- MODULE III Inventory Management Tools and Techniques -- FORECASTING AND DETERMINING INVENTORY LEVELS -- DETERMINING INVENTORY NEEDED -- The Role of Safety Stock -- ESSENTIAL CALCULATIONS (STANDARD DEVIATION) -- The Answer -- THE 80/20 RULE (ABC ANALYSIS) -- DETERMINING OTHER COSTS -- Ordering/Setup Cost -- Carrying Cost -- Storage Costs -- Stockout Costs -- Transportation Costs -- LOT SIZE AND SAFETY STOCK -- Fixed Order Quantity -- Economic Order Quantity -- Economic Order Quantity -- Period Order Quantity -- Lot-for-Lot -- Periods of Supply -- Part-Period Balancing -- Wagner-Whitin Algorithm -- EXERCISE 1: Calculations. EXERCISE 2: Fill In the Blanks -- EXERCISE 3: Choose the Correct Answer -- MODULE IV Inventory Management and Financial Analysis -- FINANCIAL CONTROL OF INVENTORY -- BALANCE SHEET BASICS -- Balance Sheet Components -- USEFUL TIPS FOR READING A BALANCE SHEET -- INCOME STATEMENT BASICS -- USEFUL TIPS FOR READING AN INCOME STATEMENT -- EXERCISE 1: Observations -- THE BASIC MANUFACTURING EQUATION -- KEY FINANCIAL RATIOS -- EXERCISE 2: Calculating Ratios -- FINANCIAL EVALUATION CHECKLIST -- Balance Sheet -- Income Statement -- Other Issues -- IDENTIFYING SUPPLIERS WITH POTENTIAL CASH-FLOW PROBLEMS -- COSTED BILL OF MATERIALS -- Explanation of Cost Buildup Product F (1 unit) -- Questions to Ask When Reviewing a Costed Bill of Materials -- ALLOCATION OF FACTORY OVERHEAD AND ACTIVITY-BASED COSTING -- Inventory Valuation -- EXERCISE 3: Valuing Inventory -- EXERCISE 4: Choose the Correct Answer -- MODULE V Physical Controls: The Warehouse Environment -- OBJECTIVES OF WAREHOUSING -- Types of Warehouses -- WAREHOUSE LAYOUT FOR OPTIMAL EFFICIENCY -- Establishing a System for Locating Parts (Locator System) -- Fixed Location System -- Floating Location System -- Physical Control (Cycle Counting) and Information Systems -- Cycle Counting -- EXERCISE 1: Fill In the Charts -- PICKING, PACKING, AND SHIPPING -- COSTS OF WAREHOUSING -- Location of Warehouses and Distribution Centers -- Qualitative and Quantitative Costs -- SETTING UP A WAREHOUSE SYSTEM -- EXERCISE 2: Choose the Correct Answer -- MODULE VI Distribution Inventory Planning and Control -- DELIVERING PRODUCTS -- LOGISTICS -- TYPES OF DISTRIBUTION SYSTEMS -- FORECASTING STOCKKEEPING UNIT (SKU) REQUIREMENTS -- Equal Run-Out/Fair Share Quantity Logic -- INTEGRATING DISTRIBUTION AND MANUFACTURING SYSTEMS -- Time-Phased Order Point (TPOP) -- EXERCISE 1: Calculations -- JUST-IN-TIME IN A DISTRIBUTION ENVIRONMENT. EXERCISE 2: Choose the Correct Answer -- NOTE TO THE READER -- Answers to Exercises -- Module I Answers -- Module II Answers -- Module III Answers -- Module IV Answers -- Module V Answers -- Module VI Answers.
9781417524860
Inventory control.
Electronic books.
TS160 -- .V53 1996eb
658.7/87