Effective inventory management can increase revenue, reduce costs, and improve cash flows. Endorsed by Institute of Operations Management and CILT, Inventory Management shows managers how to take control of their inventory system and ensure operations run smoothly.
Looking beyond the complexity and theory of inventory management, Geoff Relph and Catherine Milner focus on the most important decisions managers need to make when managing inventory. They examine how inventory management should work, how to control it, and how to balance it, through their use of revolutionary k-curve methodology. They include case studies from various industries, looking at inventory management in diverse areas such as supermarkets and aerospace. Online resources include an appendix of figures, a chapter breakdown of figures and a bonus chapter about the supporting materials.
<i>Inventory Management</i> is accurately described by the authors as achieving a balance between the philosophical and the practical. A significant portion of the book is dedicated to the k-curve methodology developed in the 1980's - 1990's by Relph while he was working for IBM. If you're ready for truly advanced inventory management methods administered with a practical hand, this book contains many of the answers you've been looking for.