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Inventory and Production Management in Supply Chains

Author: Edward A. Silver

Publisher: CRC Press

Published: 2016-12-19

Total Pages: 810

ISBN-13: 1466558628

Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.

Inventory and Production Management in Supply Chains

Author: Bertie Graham

Publisher: Willford Press

Published: 2023-09-19

Total Pages: 0

ISBN-13: 9781647285227

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Supply chain management (SCM) deals with the management of materials and information across the entire supply chain. SCM majorly focuses on three areas, namely, information flow, inventory management and production management. Businesses must develop and optimize techniques for managing inventory and production throughout their supply chains. Inventory management is an area of management that deals with the control of the entire stock of a company. Inventory control and warehouse management are parts of the overall inventory management process. The movement of items within a warehouse comes under the purview of inventory control whereas managing the stock at a specific location falls under warehouse management. Production management or operations management is a management area that involves planning, organizing, directing and controlling all the activities of production. This book provides comprehensive insights on inventory and production management in supply chains. A number of latest researches have been included to keep the readers up-to-date with the global concepts in this area of study. The book aims to serve as a resource guide for students and experts alike.

Inventory Management and Production Planning and Scheduling

Author: Edward A. Silver

Publisher: Wiley

Published: 1998-01-23

Total Pages: 0

ISBN-13: 9780471119470

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This is a revision of a classic which integrates managerial issues with practical applications, providing a broad foundation for decision-making. It incorporates recent developments in inventory management, including Just-in-Time Management, Materials Requirement Planning, and Total Quality Management.

Global Supply Chain and Operations Management

Author: Dmitry Ivanov

Publisher: Springer Nature

Published: 2021-11-19

Total Pages: 673

ISBN-13: 3030723313

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The third edition of this textbook comprehensively discusses global supply chain and operations management (SCOM), combining value creation networks and interacting processes. It focuses on operational roles within networks and presents the quantitative and organizational methods needed to plan and control the material, information, and financial flows in supply chains. Each chapter begins with an introductory case study, while numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It examines how to balance supply and demand, a core aspect of tactical planning, before turning to the allocation of resources to meet customer needs. In addition, the book presents state-of-the-art research reflecting the lessons learned from the COVID-19 pandemic, and emerging, fast-paced developments in the digitalization of supply chain and operations management. Providing readers with a working knowledge of global supply chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, specialized, and advanced classes alike. It is intended for a broad range of students and professionals in supply chain and operations management.

Quantitative Models for Supply Chain Management

Author: Sridhar Tayur

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 851

ISBN-13: 1461549493

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Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.

Decision Systems for Inventory Management and Production Planning

Author: Edward A. Silver

Publisher:

Published: 1985

Total Pages: 722

ISBN-13: 9780471547846

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Presenting an in-depth discussion of the major inventory and production decisions faced by both private and public organizations, this book also covers the latest decision-making systems, such as Just-in-Time Manufacturing, KANBAN, Distribution

The Definitive Guide to Inventory Management

Author: Matthew A. Waller

Publisher: Pearson Education

Published: 2014

Total Pages: 208

ISBN-13: 0133448827

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Inventory management is a critical component of supply chain management, addressing how much inventory should be carried across the supply chain, where to carry it, and how much safety stock is required to meet the organization's cost and customer service objectives. Now, there's an authoritative and comprehensive guide to best-practice inventory management in any organization. Authored by world-class experts in collaboration with the Council of Supply Chain Management Professionals (CSCMP), this text gives students and practitioners a thorough understanding of each leading approach to managing supply chain inventories, and the variables that drive decisions about inventory levels. It discusses the fundamental need for inventory, how product value affects inventory decisions, how to determine inventory levels, how the number of inventory locations affects inventory levels, and new approaches to reducing inventory. Coverage includes: Basic inventory management goals, roles, concepts, purposes, and terminology, including periodic inventory, perpetual inventory, safety stock, cycle count, ABC analysis, carrying and stockout costs, and more Key inventory management elements, processes, and interactions Principles/strategies for establishing efficient and effective inventory flows The critical role of technology in inventory planning and management New approaches to reducing inventory including postponement, vendor-managed inventories, cross-docking, and quick response systems Understanding essential trade-offs between inventory and transportation costs, including the impact of carrying costs Requirements and challenges of global inventory management Best practices for assessing inventory management performance using standard metrics and frameworks

MANUFACTURING PLANNING AND CONTROL SYSTEMS FOR SUPPLY CHAIN MANAGEMENT

Author: Thomas E. Vollmann

Publisher: McGraw Hill Professional

Published: 2004-08-20

Total Pages: 623

ISBN-13: 0071817247

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Manufacturing Planning and Control Systems for Supply Chain Management is both the classic field handbook for manufacturing professionals in virtually any industry and the standard preparatory text for APICS certification courses. This essential reference has been totally revised and updated to give professionals the knowledge they need.

Inventory Analytics

Author: Horst Tempelmeier

Publisher: BoD – Books on Demand

Published: 2020-06-02

Total Pages: 290

ISBN-13: 375193071X

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This textbook provides a practice-oriented introduction into Analytics-based inventory management in complex supply chains. In the context of Business Analytics, we concentrate on Prescriptive Analytics. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, dynamic lot sizing problems under random demand and random yield and their relationship to Material Requirements Planning (MRP) are discussed.The models and algorithms are illustrated with the help of numerous examples. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their daily work.

Managing the Supply Chain

Author: David Simchi-Levi

Publisher: McGraw Hill Professional

Published: 2003-11-22

Total Pages: 321

ISBN-13: 0071435875

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In today's environment of tight budgets and even tighter turnarounds, effective supply-chain management has become a core business requirement. Managing the Supply Chain adapts the number one supply-chain book on the college market to examine how professionals can consistently turn supply-chain strategy into a competitive advantage. This results-based book examines the experiences of today's most accomplished companies to demonstrate supply-chain innovation at work in the marketplace.