Smart Inventory Solutions, 2nd Edition
by Philip Slater /
2017 / English / PDF
3.8 MB Download
Virtually a brand new book, this new and much larger edition now features a tighter focus on engineering materials and maintenance spares inventory, while providing broader coverage of the issues faced in managing this inventory. It will be useful to anyone in any industry who needs or wants to optimize inventory and increase cash flow. NEW TO THE SECOND EDITION New chapters on The Mechanics of Inventory Management (chapter 2), People and Processes (chapter 4), Policies and Procedures (chapter 5), and Case Studies (chapter 11), with an expanded chapter on the Financial Impact of Inventory (chapter 3) that includes a discussion of the key reports everyone must understand. Expanded discussion of key issues and how to address them, such as: Four 'inventory home truths' that will help you to crack the inventory code An examination of 'squirrel' stores and why you would be nuts to keep them A review of the application of 'lean' principles for storeroom management The transformation of the central process presented in the first edition into a much more comprehensive review process: The Inventory Process Optimization Method, which combines knowledge of parts usage, procurement, and supply chain issues with a review of behaviors and the management processes that drive them. Implementing this process leads to increased inventory reduction, longer-lasting solutions, and reduced risk. A much larger illustration program, with many more figures and diagrams, six new tables, eight new checklists, and an expanded glossary.
