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Microcomputer spreadsheets - Inventory management Article ARTICLE DESCRIPTION: An introduction to spreadsheets as a new concept in production and inventory management decision making. MORE INFO: Microcomputer spreadsheets An introduction to spreadsheets as a new concept in production and inventory management decision making. PUBLISHER: Institute of O... read article... |
A Production/Finance marketing strategy using OPT - Inventory management Article ARTICLE DESCRIPTION: OPT concepts affords the user the potential to achieve dramatic improvements in profitability through reduced inventory and operating costs. MORE INFO: A Production/Finance marketing strategy using OPT OPT concepts affords the user the potential to achieve dramatic improvemen... read article... |
Inventory performance in high-technology industry - Inventory management Article ARTICLE DESCRIPTION: Study of inventory performance in the high tech industry. MORE INFO: Inventory performance in high-technology industry Study of inventory performance in the high tech industry. PUBLISHER: Institute of Operations Management Vol 12 - No 05 - August/September 1986... read article... |
Clasification of stock items for effective management control - Inventory management Article ARTICLE DESCRIPTION: Discusses the need for stock classification in order to implement sophisticated management systems. MORE INFO: Clasification of stock items for effective management control Discusses the need for stock classification in order to implement sophisticated management systems. ... read article... |
The right amount of stock? - Inventory management Article ARTICLE DESCRIPTION: Looks at the factors which will ultimately determine stock levels and stocking policies. MORE INFO: The right amount of stock? Looks at the factors which will ultimately determine stock levels and stocking policies. PUBLISHER: Institute of Operations Management Vol 16... read article... |
Tool management and MRPII - Inventory management Article ARTICLE DESCRIPTION: Looks at the issue of Tool Management within the production control system. MORE INFO: Tool management and MRPII Looks at the issue of Tool Management within the production control system. PUBLISHER: Institute of Operations Management Vol 19 - No 02 - February/March 1... read article... |
Once upon a time there was a stockcheck! - Inventory management Article ARTICLE DESCRIPTION: First review counting techniques and then review how inventory is valued, before running through a checklist for conducting a stockcheck! MORE INFO: Once upon a time there was a stockcheck! First review counting techniques and then review how inventory is valued, before runni... read article... |
Improving sales forecasting for P&IC - Inventory management Article ARTICLE DESCRIPTION: Looks at what is needed to achieve the desired improvements in sales forecasting and offers personal views on why organisations are often unsuccessful MORE INFO: Improving sales forecasting for P&IC Looks at what is needed to achieve the desired improvements in sales forecast... read article... |
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ARTICLE DESCRIPTION: Describes a method of applying the K-Curve methodology to the setting of the inventory control system within batch manufacturing. MORE INFO: Competitive advantage for batch manufacturing using capacitated batch sizing within MRP: An application of the K-Curve methodology Per) ... read article... |
Safety stocks or how to manage an inefficient business - Inventory management Article ARTICLE DESCRIPTION: Discusses the different ways in which companies handle safety stock and the reasons why companies feel forced to rely on safety stock. Describes how to best set safety stock levels. MORE INFO: Safety stocks or how to manage an inefficient business Discusses the different ways... read article... |
Making the transition - Inventory management Article ARTICLE DESCRIPTION: Discusses the need to change the perception of the role of operations managers in light of the name change from BPICS to the Institute of Operations Management. MORE INFO: Making the transition Discusses the need to change the perception of the role of operations managers in ... read article... |
Service level and safety stock based on probability - Inventory management Article ARTICLE DESCRIPTION: A structured approach to stock management can assist in setting service level targets. Describes how statistical safety stock calculations can be used to develop a stock model, and target service levels which businesses can afford. MORE INFO: Service level and safety stock bas... read article... |
Have you fallen down on your asset control? - Inventory management Article ARTICLE DESCRIPTION: Companies with high stock have poor delivery performance while those with low stock have excellent delivery performance. This article discusses how customer service can be improved while at the same time reducing stocks. MORE INFO: Have you fallen down on your asset control? ... read article... |
Demand forecasting and inventory control - Inventory management Article ARTICLE DESCRIPTION: Describes how companies can operate an appropriate inventory policy, which offers a reasonable level of service to customers at an acceptable cost. MORE INFO: Demand forecasting and inventory control Describes how companies can operate an appropriate inventory policy, which o... read article... |
Manufacturing systems requirements definition: an objective approach - Inventory management Article ARTICLE DESCRIPTION: Describes a new approach to the specification of the functional requirements of manufacturing control systems, which was developed by an EPSRC funded project. MORE INFO: Manufacturing systems requirements definition: an objective approach Describes a new approach to the speci... read article... |
Inventory management - Inventory management Article ARTICLE DESCRIPTION: During the period January 1996 to December 1997, Caradon MK Cable Management Division reduced Inventory by 45% (in excess of £1.5 million) whilst increasing complete and on time deliveries by over 10%. This article explores the events behind this achievement. MORE INFO: Invent... read article... |
Simplification projects - Inventory management Article ARTICLE DESCRIPTION: Describes how a series of projects aimed at simplifying the supply chain, and the processes that support it, have been rolled out in parallel at Hewlett Packard's manufacturing site in Bristol MORE INFO: Simplification projects Describes how a series of projects aimed at simp... read article... |
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ARTICLE DESCRIPTION: This article presents the process by which Triton plc proceeded in implementing a company wide ERP system, which embraced, as a major component, the redesign of the customer service part of the operation MORE INFO: Customer service: experiences from an ERP based maintenance an... read article... |
Summer School on inventory modelling - Inventory management Article ARTICLE DESCRIPTION: ISIR (the International Society for Inventory Research) is running a research Summer School on Inventory Modelling at the University of Exeter from 24th to 28th August 1999... MORE INFO: Summer School on inventory modelling ISIR (the International Society for Inventory Resear... read article... |
MAD, SAD or just BAD - Inventory management Article ARTICLE DESCRIPTION: Stock control is an exact science, but unfortunately the answers are never quite right. My letter earlier this year - March issue) suggested that safety stock for an item could not be calculated using the results from a group, an opinion reinforced by Mike Thomson's letter in th... read article... |
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ARTICLE DESCRIPTION: When asked by the MD for potential projects which could be included in a multi-site, European based ‘best in class’ project, the opportunity to re-ignite an old flame which had been smouldering in the back of my mind for many years was re-kindled. Departmental Purpose Analysis (... read article... |
Stock Turn With Repairable Modules - Inventory management Article ARTICLE DESCRIPTION: The stock is necessary to support parts demand and therefore the stock has to be compared to the demand in order to decide whether it is being used effectively or not... MORE INFO: Stock Turn With Repairable Modules The stock is necessary to support parts demand and therefore... read article... |
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ARTICLE DESCRIPTION: This article discusses the financial model by Womack and Jones [5] and highlights further analysis that should be undertaken by companies considering or planning the implementation. The authors identify a further two layers of analysis that should be considered... MORE INFO: C... read article... |
Safety Stocks, Safety Margins: Back To Basics - Inventory management Article ARTICLE DESCRIPTION: Our theme for this issue of Control is ‘Back to Basics' and this message applies strongly to the traditional methods we use to evaluate and provide cover for uncertainties – particularly of sales demand, but also of raw material supplies and production. MORE INFO: Safety Stock... read article... |
Do you really need a warehouse? - Inventory management Article ARTICLE DESCRIPTION: If you are supplying the construction industry, you may have noticed the current wave of industrial building. There are large extensive modern structures rising up at almost all motorway junctions. The constructor's board will identify the building as a new extensive warehouse f... read article... |
Stock control in a Pub! - Inventory management Article ARTICLE DESCRIPTION: The visit to the Man & Scythe at Bolton, late January was no ordinary meeting, nor an excuse for improving the stock turn on John's product. With a current stock averaging 1.6 weeks, this is a well-managed business from the sales and marketing aspects to inventory management. ... read article... |
Editorial: Inventory - Inventory management Article ARTICLE DESCRIPTION: Having been trained in a time of higher interest rates, sometimes reaching up to 18% per year, some among us may be tempted to think that in these days of low interest rates that perhaps we can take our eye off the ball of inventory management. MORE INFO: Editorial: Inventory ... read article... |
Professional Inventory Management - Inventory management Article ARTICLE DESCRIPTION: It can be difficult to determine when stock is at the optimum level as this is influenced by numerous factors including batching policies, the work centre capability, safety policies and production methods. MORE INFO: Professional Inventory Management It can be difficult to d... read article... |
After Sales Service - The New Strategic Business Imperative - Inventory management Article ARTICLE DESCRIPTION: Modern extended enterprises cannot stake their business on any potentially weak links in their supply chain. In this article Steve Downton argues that a supply network can create service excellence as well as business resilience. MORE INFO: After Sales Service - The New Strate... read article... |
Integrating Lean and Agile Thinking: Concepts in Support of Practice - Inventory management Article ARTICLE DESCRIPTION: The emergence of Just-in-Time (JIT) manufacturing in the 1980s signified a turning point in logistics management and the development of what is now called lean supply. MORE INFO: Integrating Lean and Agile Thinking: Concepts in Support of Practice The emergence of Just-in-Tim... read article... |
Operations Management in the Retail Sector; The Strategic Response - Inventory management Article ARTICLE DESCRIPTION: The fashion industry has undergone considerable change over the years, with increasing global competition and the move towards a global supply chain impacting on lead times and supply chain management. MORE INFO: Operations Management in the Retail Sector; The Strategic Respon... read article... |
Branch news : Midlands - Inventory Optimisation - Inventory management Article ARTICLE DESCRIPTION: Professor Hendrick Vanmaele of Mobius provided a very interesting and stimulation presentation on Inventory Optimisation. Thought by many to be a black art, the Professor brought considered science to this significant business issue. MORE INFO: Branch news : Midlands - Invento... read article... |
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