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Inventory Control
This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners.It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning.It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation.The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts.As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.
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Inventory Planning with Forecasting Expenditure
In industrial or business cases, purchasing and procurement are significant functions.Usually, a procurement plan is prepared based on certain predictions of consumption patterns or demand.When this plan is implemented, the benefit is obtained corresponding to forecast accuracy.In the available literature, forecasting accuracy is frequently discussed.A need is established to link forecasting accuracy with forecasting expenditures.After an explicit inclusion of the forecasting expenditure, this book describes inventory planning for procurement and production. FEATURES Discusses forecasting expenditure in detail Provides an analysis of reduction and increase in forecasting expenditures Highlights advanced concepts that include procurement inventory, production planning, and priority planning in detail Examines an approach in relation to the inclusion of an explicit cost of forecasting Covers total cost formulation, modified total cost, relevant index, threshold value, and cost of forecasting in a comprehensive manner with the help of examplesInventory Planning with Forecasting Expenditure is useful for undergraduate and postgraduate students in engineering and management and has potential for elective and supplementary core courses.
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Best Practice in Inventory Management
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 more nuanced than simple "number crunching" and mathematical modelling.This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.
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Inventory Optimization : Models and Simulations
In this book . . . Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations.This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. . . . Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management.In order to optimize inventory policies, we have to use probabilistic simulations.The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided.Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions.It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple—yet powerful—framework.Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter. Events around the book Link to a De Gruyter Online Event in which the author Nicolas Vandeput together with Stefan de Kok, supply chain innovator and CEO of Wahupa; Koen Cobbaert, Director in the S&O Industry practice of PwC Belgium; Bram Desmet, professor of operations & supply chain at the Vlerick Business School in Ghent; and Karl-Eric Devaux, Planning Consultant, Hatmill, discuss about models for inventory optimization. The event will be moderated by Eric Wilson, Director of Thought Leadership for Institute of Business Forecasting (IBF):https://youtu.be/565fDQMJEEg
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Inventory Management for Veterinary Professionals
Implement an effective and efficient inventory management system in your veterinary practice using this practical and concrete guidance Inventory Management for Veterinary Professionals provides a thorough introduction to the logistics of effective and efficient veterinary inventory management.Designed for any employee of a veterinary practice, the book covers strategies and tactics for all major aspects of inventory management.It provides veterinary professionals with a practical roadmap for this key business operation, with stories drawing on the author’s experience to provide a real-world perspective.Emphasizing both the ‘how’ and the ‘why’ of developing effective inventory management systems, it’s an indispensable tool for veterinary professionals at every level of practice.Taking a holistic approach to setting up, maintaining, and optimizing an inventory system, the book begins by describing the theory and strategies for inventory management, then discusses how to incorporate this knowledge into practice.Inventory Management for Veterinary Professionals offers: Detailed discussion of topics including the flow of inventory through the practice, forecasting, ordering, troubleshooting, and moreAdvice on how to receive and restock, organize, price, and sell inventoryGuidance on how to set up an inventory action planA chapter on setting and executing inventory management protocols around controlled substancesA companion website with additional tools, resources, and self-assessment questions Inventory Management for Veterinary Professionals is ideal for any veterinary professional, including practice managers, receptionists, assistants, technicians, and practice owners.
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An Inventory for the Nation
On 2 August 1908, Alexander Ormiston Curle, a 41-year-old solicitor and antiquarian, set off by bicycle from the Borders fishing village of St Abbs on a mission to inspect 'all the ancient monuments of Scotland'.Three months later, he announced that his first survey, of the County of Berwickshire, was complete. 'I have inspected over 200 objects' he wrote 'and written up notes on them.My bicycle has carried me almost 300 miles; five times only have I hired a trap and twice a motor car.The number of miles I have tramped by moorland and meadow I have no reckoning of but they are many.It has never been anything but the most intense pleasure to me'. Curle was the first Secretary of the Royal Commission on the Ancient and Historical Monuments of Scotland: tasked by letters patent of Edward VII with making an 'inventory' of sites and constructions 'connected with or illustrative of the culture of the people of Scotland from earliest times'.At the Commission's very first meeting it was decided that the only way to create this inventory was for staff to go out into the field to see the nation's ancient structures with their own eyes.It is a task that is still ongoing today. An Inventory for the Nation is the remarkable story of the pursuit of this vision.It follows the Royal Commission over the course of a century, tracing the impact of everything from the motor car, powered flight, and two World Wars, to digital technology, the new millennium and the internet. And it explores how a task which was first pursued by one man on a bicycle has become, 107 years later, the permanent and enduring work of a national institution.
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Lawpack Inventory for Lettings DIY Kit
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100% brand new spot inventory GAA21750AK3
100% brand new spot inventory GAA21750AK3
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