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Inventory Control and Management,Used
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Holding stock is expensive problems of inventory control almost universal. Over the past decade organisations have been trying to improve customer service while lowering stocks and increasing the speed of material flow through their supply chains. This completely updated new edition reviews current thinking on inventory management. It emphasises the growth of ecommerce, and the trend away from classical models based on economic order quantities and towards dependent demand systems.The author sets inventory management in its broader context, discussing the important trends and pressures for change. The main approaches are discussed and evaluated, giving the reader a broad appreciation of the principles involved. Some quantitative ideas are developed in the text, but the author has kept the mathematics to a minimum, focusing on practical examples and calculations on spreadsheets.
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- Q: What is the main focus of 'Inventory Control and Management'? A: The book primarily focuses on the challenges of inventory control, aiming to improve customer service while reducing stock levels and enhancing material flow in supply chains.
- Q: Who is the author of this book? A: The author of 'Inventory Control and Management' is Donald Waters.
- Q: When was this book published? A: This book was published on October 10, 2003.
- Q: What edition is this book? A: This is the second edition of 'Inventory Control and Management'.
- Q: How many pages does the book have? A: The book contains 408 pages.
- Q: What type of binding does this book have? A: The book is available in paperback binding.
- Q: Is the book suitable for beginners in inventory management? A: Yes, the book is designed to provide practical examples and a broad understanding of inventory management principles, making it suitable for beginners.
- Q: Does the book include mathematical concepts? A: While the book develops some quantitative ideas, it minimizes complex mathematics and focuses on practical calculations that can be done using spreadsheets.
- Q: What are the key trends discussed in the book? A: The book discusses important trends such as the growth of e-commerce and the shift from classical inventory models to dependent demand systems.
- Q: Can this book help improve supply chain efficiency? A: Yes, it reviews current thinking on inventory management and emphasizes strategies to enhance supply chain efficiency.