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 vehicle (how to optimize inventory). Understand the text and it will show the way to guaranteed improved inventory control, reduced stock levels, and higher availability."—from the Preface

"The development of inventory management is a dynamic activity, with new approaches being made, techniques being refined, and new challenges being met. . . .

It is imperative that [these] challenges are met, since continuing competitiveness is based on ever-improving customer service and ever-reducing inventory costs."—from the text

As a vital function of an organization's operational structure, effective inventory management is key to improving a company's customer service, cash flow, and ultimately, its profitability margin. While it may sound simple, it is, in fact, far more complex than most managers perceive, requiring very specific knowledge and understanding. It is based upon a framework of unique tools and techniques essential to achieving complete success. Best Practice in Inventory Management gives you these essentials, with in-depth coverage of the latest practices in the field. The book delivers a wealth of solid solutions for lowering inventory overhead, bettering customer relations, and increasing productivity and performance.

An ideal reference for APICS certification candidates, as well as participants in training programs, this authoritative resource outlines basic techniques, describes how and where to apply them, and explains how to ensure their effective implementation. The techniques are placed within the context of stores operations, which can be applied in a variety of situations, from manufacturing and distribution to warehousing, consumable stores, and spares and service.

Best Practice in Inventory Management follows a logical progression, beginning with targets and moving forward through inventory structuring, individual item control, and coordination. In the process, it probes cutting-edge strategies, including Pareto analysis, Just in Time (JIT), and Material Requirements Planning (MRP), and offers a rational approach to the risks of stockouts. Aided by a host of new applications, practical methods, and real-world examples, you'll learn to implement a variety of processes vital to inventory structure and control. From effective stock monitoring to forecasting, setting, and assessing stock level guidelines, this book outlines the crucial steps in having suitable product available at an acceptable price and within a reasonable timescale.

Data warehousing is about transforming the data which an organization possesses and turning it into information of strategic significance. Data Warehousing explores the most pressing issue in business today — the means to improve strategic decision making. Data Warehousing represents a map for a new way of looking at data and information. Data exists in abundance but it is often unusable to support decision making because it is unstructured, unintegrated, aged or polluted.

• explores the issue whether to build a full enterprise data warehouse, or whether to go for a scaled down "data mart"
• updated to include the latest developments, acronyms, and techniques
• compares and contrasts relational and multidimensional databases
• evaluates the use of data warehousing to support operational processing
• reports on innovative designs for optimal performance of relational databases for a "query intensive" world
• analyzes artificial intelligence data mining tools
• examines new case histories…and the reactions of the organizations involved

This book is in the "Principles of Export Guidebooks" series published in association with the Institute of Export. Each book covers a core area in the Institute's internationally renowned membership qualification.

"Principles of International Physical Distribution" is based on the "International Physical Distribution" module of the syllabus of the Institute of Export and provides an authoritative overview of one of the most practical and critical areas of export management.

It covers the vital and complex processes needed to actually move goods internationally and will be essential reading for all those involved in international physical distribution. With exceptional clarity the author addresses the key issues of:

Compliance with third party rules such as customs, insurers, banks and carriers
The completion of the whole export order process from quotation to carrier in a step-by-step guide
Preparation of shipping documentation
Obtaining payment

Using many practical examples, this is a concise and authoritative guide to all the current procedures regarding the movement of goods internationally.

Ordnungspolitische Massnahmen loesen vielfaltige Anpassungsreaktionen der Marktakteure aus. Es fehlt jedoch ein einheitliches und standardisiertes Bewertungsverfahren, um die Dynamik und Anpassungen auf Markten zu ermitteln und zu beurteilen. Das Forschungsziel der Arbeit ist die Entwicklung eines Verfahrens fur die gesamtwirtschaftliche Bewertung der Marktwirkungen von ordnungspolitischen Massnahmen. Analytischer Ausgangspunkt ist die Industrieoekonomik, mit der der Wirkungszusammenhang von Marktstruktur, -verhalten und -ergebnis realitatsnah abgebildet werden kann. Um die Marktdynamik, Interdependenzen und Interaktionen zu erfassen, muss der industrieoekonomische Ansatz um eine system-dynamische Modellierung erweitert werden. Veranderungen des Marktsystems koennen damit unter Berucksichtigung aller Zusammenhange simultan ermittelt werden. Mit einem empirischen Anwendungsfall wird die Anwendbarkeit der system-dynamischen Modellierung demonstriert. Kleine und mittelstandische Unternehmen sind einem hohen Anpassungsdruck ausgesetzt, weil sie nur einen geringen Einfluss gegenuber der Politik haben. Als Beispiel fur einen mittelstandisch strukturierten Markt wird daher der Strassenguterverkehr gewahlt. Ordnungspolitische Eingriffe haben auf diesem Markt zudem weitergehende gesamtwirtschaftliche Auswirkungen, da es sich um einen Vorleistungsmarkt handelt. Fur Lkw-Maut und Unterinvestitionen in die Strasseninfrastruktur werden die Wirkungen auf die Marktdynamik und die Marktanpassungen im Strassenguterverkehr system-dynamisch modelliert. Es werden Aussagen zu folgenden Marktindikatoren getroffen: Fahrleistungen, Fahrzeugauslastung, Entwicklung des Verkehrsleistungsangebots, Marktanteile, Beschaftigtenzahl und Gewinne. Aufgrund des anwendungsorientierten Ansatzes leistet das Buch nicht nur einen Beitrag fur die industrieoekonomische und system-dynamische Forschungsrichtung, sondern es richtet sich auch an Entscheidungstrager in Unternehmen und in der Politik.

Focuses on the changing role of distribution in the nation's economy during the period 1869 to 1950.