Inventory Management and the Organization of Purchasing PDF Download
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Author: Kenneth King
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Kenneth King
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Gary J. Zenz
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 568
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Book Description
This widely used text introduces readers to the principles and procedures of purchasing and materials management. Substantially revised for this Sixth Edition, Purchasing and the Management of Materials includes new chapters on international purchasing and value analysis, and an expanded treatment of computer applications. Also new is a discussion of deregulation as a transportation variable, a fresh look at cost-price analysis, an outline of relevant economic concepts, as well as material on conglomerate organizations, multinational operations, international sourcing, and vice-president sourcing. Six entirely new cases have been added. In addition, topics have been organized to make the book an effective preparation for the Certified Purchasing Managers and American Production and Inventory Control Society exams. However, despite all the changes made to this edition, the coverage of fundamental purchasing and related materials management concerns, which provided the framework of highly successful earlier editions, has been carefully preserved.
Author: Dewan
Publisher: Discovery Publishing House
ISBN: 9788171413546
Category :
Languages : en
Pages : 244
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Book Description
Contents: Purchasing Input/Output Management, Materials Management, Procurement Policy, Purchasing Procedures, Purchase Accounting, Purchase Budgeting, Maintain Enough Stock, Basic Principles of Inventory Control, Controlling Stocks, Purchasing and Suppliers, Records Keeping.
Author: Matthew A. Waller
Publisher: Pearson Education
ISBN: 0133448827
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
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
Author: Fred Sollish
Publisher: John Wiley & Sons
ISBN: 0782150829
Category : Computers
Languages : en
Pages : 525
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Book Description
Real World Scenarios for Practical Insights into the Field of Purchasing and Supply Management Whether you're a purchasing or supply management professional seeking to validate the skills and knowledge acquired through years of practical experience, or a relative newcomer to the field looking to strengthen your resume, the C.P.M. certification from the Institute for Supply Management (ISM) provides you with the means to do so. The Purchasing and Supply Manager's Guide to the C.P.M. Exam was developed to help you prepare for the four modules that comprise the C.P.M. exam, and includes additional study tools designed to reinforce understanding of crucial subject areas. KEY TOPICS INCLUDE: Purchasing Process. Identifying requirements, preparation of solicitations, supplier analysis, contract execution, implementation, and administration. Supply Environment. Negotiations, information technology, quality issues, internal relationships, and external relationships. Value Enhancement Strategies. Sourcing analysis, supply and inventory management, value enhancing methods, forecasting and strategies. Management. Management and organization, and human resource management. This Study Guide is not sponsored by, endorsed by, or affiliated in any way with the Institute for Supply Management (ISM). ISM and C.P.M. are trademarks or registered marks of the Institute for Supply Management. This publication may be used in assisting students to prepare for the C.P.M. exam, but neither Harbor Light Press nor ISM warrants that use of this publication will ensure passing of the exam. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Author: P. Narayan
Publisher: Excel Books India
ISBN: 9788174465917
Category : Inventory
Languages : en
Pages : 248
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Book Description
The book Inventory Management Principles and Practices explains all the fundamental principles of Inventory Management. It starts with a definition of Inventory, why it is needed as well as not needed, what is its impact on a business, how do we classify them for ease of control and what are the various techniques of inventory control. Inventory is an outcome of procurement. So obviously, while studying inventories, the logic behind its procurement should be studied. Hence, chapters on Manufacturing Resources Planning have been added. Just-in-time principles and TQM are some more methods of achieving world-class manufacturing, so they have also been included here. In the present scenario, all activities are being computerized. So lessons on e-commerce as well as all the latest technologies that are affecting Inventory Management have been included. Chapters have been included on methods to handle specific classes of inventories such as spare parts inventory, finished goods inventory, work-in-process inventory, surplus, obsolete and non-moving inventory, etc. Logistics and supply chain management defines the path which a material takes in it s life through a company. So it was essential to include a chapter on it also. Keeping in mind the syllabus prescribed in the various universities on this subject, the chapters have been designed accordingly. A chapter has also been included on some motivational thoughts outlining some principles, which would help us to become successful in life. The principles outlined here are universal, applicable to any situation, organization or country.
Author: Max Muller
Publisher: AMACOM Div American Mgmt Assn
ISBN: 0814416551
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Does inventory management sometimes feel like a waste of time? Learn how to maximize your inventory management process to use it as a tool for making important business decisions.
Author: Keith Jones
Publisher: Routledge
ISBN: 1000037843
Category : Business & Economics
Languages : en
Pages : 257
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Book Description
Smart, strategic inventory management delivers competitive advantage, yet Inventory Turn trends suggest that little seems to change. Sustainable improvement through increasing control of systems and processes generates savings that can, in turn, be invested in growth initiatives. Inventory is not something that just concerns planning, production and finance. By working to better understand and control their inventory-related processes, everyone can drive improvements that will harness inventory’s potential to become a source of sustainable competitive advantage. Unlike other guides to inventory management, this book is not only aimed at planners or inventory managers, but details the impact, both direct and indirect, that all functions have on inventory. It is rich in practical tools that can be clearly implemented, including a detailed purchasing strategy and guide to error management. It is also rich in best-practice cases that further show how to implement these methodologies in a real-world context. This book is essential reading for any manager or executive looking to boost their organisation’s competitive advantage, as well as students of inventory management, production and operations management.
Author: National Association of Purchasing Management
Publisher:
ISBN:
Category : Industrial procurement
Languages : en
Pages : 448
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Book Description
Author: Nancy Y. Moore
Publisher: RAND Corporation
ISBN:
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
Because the U.S. Air Force spends over one-third of its budget on nonweapons purchased goods and services, such purchases are a prime target area in which to seek performance improvements and cost savings. Prompted by a need for improved performance from its supply base, the Air Force has become increasingly aware of the advantages of using market research, contract consolidation, supply base rationalization, and other leading purchasing and supply management (PSM) practices in its dealings with suppliers. To aid the Air Force in its PSM efforts, RAND examined how innovative commercial firms implement such practices in their purchases of goods and services. After a review of the academic and trade literature, the study team conducted a series of elite interviews using a structured questionnaire to gather primary data from "best in class" commercial firms. The key findings are that (1) innovative commercial firms are moving to a strategic, goal-oriented approach to PSM, (2) implementing new PSM practices can take a number of years and often requires significant, permanent change throughout the organization, and (3) the Air Force needs strategies to sustain continuity of support for serious PSM change from one leadership team to the next.
