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Book Review |
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Title : Best Practice
in Inventory Management
Author : Tony Wild
Publisher : Tata McGraw-Hill
Price : Rs.395/-
Good management of inventory enables companies
to improve their customer service, cash
flow and profitability. “ Best Practice
in Inventory Management” outlines
the basic techniques, how and where to apply
them, and provides advice to ensure they
work to produce the desired effect in practice.
The book shows how inventory management
techniques can be used in a wide variety
of situations, particularly in stores where
the inventory can be anything from fast
moving products to slow moving spares. The
discussion extends across distribution warehousing
and manufactures’ operations.
The text is based on best theory and practice,
which has been gradually developed by the
inventory management profession over the
years. It covers the inventory control aspects
included in the courses for the DPIM, COM,
ILTC, ILTD, CPIM and other professional
and academic qualifications.
Readers develop their understanding of stock
control by seeing the techniques explained
logically and learn how inventory structuring,
individual item control, forecasting and
co-ordination provide the base for Logistics
Management. This new edition has been up-dated
throughout and the final chapter. The Future-Inventory
and Logistics, has been re-written to reflect
the developing applications of technology
and changes in focus. |
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