About the Book :
This book is a clear, practical, and self-contained guide to inventory management. It describes recent thinking about stocks and the methods for their control, developing the subject from basic principles through to higher level materials and newer developments. It does not assume any previous knowledge of the subject, nor of any other specific field such as management, operations, mathematics, or accounting. The Second Edition has been completely rewritten to improve the clarity and flow of the text, and includes a host of new information, examples, and support materials.
About the Author :
Donald Waters has degrees from the Universities of Sussex, London and Strathclyde. He worked for a variety of organizations in the UK before moving to Canada to become Professor of Operations Management at the University of Calgary. In 1997 he returned to the UK to become Chief Executive of Richmond, Parkes and Wright, whose main interests are in management research, education and training. Dr. Waters continue to work for organizations around the world, using his specialist knowledge of operations and supply chain management. He has written a number of successful books in these areas.
Interesting Facts :
New edition of a title that has sold over 5000 copies to date - offers a comprehensive view of inventory management, completely rewritten to cover both the classic models and the new trends in inventory controlNew design and layout discards outdated information, and includes material on current areas and issues such as the strategic impact of stocks, integration along the supply chain, lean operations and moreSpreadsheets are used for all calculations and the Internet as a source of information for discussions and exercises - extra materials for students and instructors will be available from an associated website
PrefacePart I: Introduction*Stocks and Inventories*Stocks within an OrganisationPart II: Methods For Independent Demand *Economic Order Quantity *Models for Known Demand*Models for Uncertain DemandPart III: Information For Inventory Management*Sources of Information *Forecasting Demand *Planning and Stocks Part IV: Methods For Dependent Demand*Material Requirements Planning*Just-in-TimeIndex