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Inventory Management

內容大綱
Introduction to Supply Chain Management, published by Business Expert Press in February 2013, is a ten-chapter book written by Edmund Prater, Professor of Operations and Logistics and the University of Texas at Arlington. Developed for students of supply chain management, executives seeking a primer, and practitioners, the text offers an overview of SCM and provides a framework for subsequent, more detailed study. The book reviews the evolution of SCM concepts and discusses trends in global markets and strategic competitiveness. It focuses on the major issues involved in managing a competitive supply chain including forecasting, inventory management, distribution, dealing with uncertainty, reverse logistics, and customer service. In Chapter 5, the authors introduce inventory management and its implications for the organization. Tools and techniques used in inventory management, including the Economic Order Quantity Model (EOQ), and the factors directly impacting inventory - cost, order size, forecasting, capacity planning, and production scheduling - are explored. Inventory management practices and trends in inventory control are discussed. The chapter concludes with an example highlighting how to perform an EOQ analysis.
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