The Inventory Toolkit: Business Systems Solutions

Description

Praise for The Inventory Toolkit Title Copyright Dedication Table of Contents Introduction 01 Introduction to inventory management Introduction Inventory and inventory management The three pillars of inventory management Inventory planning pyramid Management of inventory in business systems The cost of inventory and the ability to react to change Inventory management in the supply chain Inventory management in the extended supply chain and the ‘Beer Game Five milestones Summary References 02 Business systems and business Introduction The business Business system development The building blocks of MRPI, MRPII and ERP ERP implementation and management Summary References You do the maths 03 Inventory balancing and control Introduction Process, organization and technology (POT) Lean and Just in Time (JIT) Inventory balancing Inventory control Extending beyond your company Summary Tools and techniques discussed in this chapter References You do the maths 04 The complexity of inventory management within business systems Introduction Inventory planning at its simplest Complexity in managing inventory in MRPI and MRPII Measuring success Summary Tools and techniques discussed in this chapter References You do the maths 05 Stack and flow inventories Introduction Optimization of stack and flow inventories Inventory flow Financial planning: strategic, tactical and operational Summary Tools and techniques discussed in this chapter References You do the maths 06 Traditional thinking in inventory optimization Introduction Inventory saw-tooth Determining the order size Protecting against supply and demand issues Normal distribution and Poisson distribution Normal distribution roles in safety stock Parts classification Using Pareto to plan inventory using cycle and safety stock Developing a plan that will succeed Summary Tools and techniques discussed in this chapter References You do the maths 07 k-curve methodology Introduction History of k-curve Generating a k-curve Why is it so useful? Creating a composite curve Testing the different options for inventory classes Summary Tools and techniques discussed in this chapter References You do the maths 08 The practical application of k-curve Introduction Understand your current inventory position: how much have I got? Determine the business targets that relate to inventory: what do I have to achieve? Create inventory plan: how difficult will this be and what must I do? Implement the plan: what actions must I do to achieve the plan? Summary Tools and techniques discussed in this chapter References 09 Case study examples of k-curve planning approach Introduction Exchange curve/k-curve case studies Summary of case studies and lessons learnt Software applications Amis-delta Parameter alignment tools and techniques Summary Tools and techniques discussed in this chapter References 10 Review, summary and what to do next Introduction The three pillars of inventory management Four steps to inventory heaven Five milestones The business systems MRP and ERP Impact of new technology on the future of inventory management Toolbox review Summary References Appendix A Appendix B Appendix C Useful Websites Index