Looking beyond the complexity and theory of inventory management, authors Geoff Relph and CatherineMilner examine managing inventory and achieving targets. Whilst the first edition mainly focused on planning, this new edition of The Inventory Toolkit includes three new chapters that go beyond planning to implementation. Amongst other topics, the new chapters cover holding and moving inventory, working with suppliers and using stack and flow to identify pinch points and facilitate lean and agile operations.
The Inventory Toolkit examines how inventory management should work and how to plan, control and balance it. Many tools and techniques are included, from basic Pareto, through EOQ, to the inventory exchange carve. Practical advice is given throughout, including the creation of the advanced K curve methodology.
This comprehensive and greatly extended second edition of inventory management is illustrated with many case studies from diverse industries such as manufacturing, retail and utilities. Worked examples and regular exercises are used to show how the reader can create and apply in a practical way the inventory tools discussed.
The book will be published by Kogan Page on 3rd July 2019.
Available to pre-order from 3rd April 2019.
Dr. Geoff Relph’s experience in inventory and business systems management includes operational, consulting and academic roles spanning 40 years. He gained his initial ‘hands on’ experience in MRP operations and inventory management over 20 years with IBM. Geoff has worked since 2002 as an inventory expert in operational, consulting and training roles for companies both large and small and has led a wide range of projects that have improved supply and demand performance. Geoff completed his Doctorate in Inventory Management in Business Systems in 2006. He is an associate lecturer at the Warwick Manufacturing Group, University of Warwick, and delivers modules for the MSc Programme both in the UK and internationally.”Geoff Relph
Catherine Milner is a chartered engineer and has nearly 20 years’ experience working in aerospace, petrochemicals and telecommunications. She has project managed many successful projects on electronic data exchange with customers, forecasting, MRP, supply chain management, and business process re-engineering. She is currently a visiting lecturer at the University of Warwick and Chairman of the Institute of Operations Management.”Catherine Milner
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