Looking beyond the complexity and theory of inventory management, authors Geoff Relph and Catherine Milner 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.
This comprehensive second edition of The Inventory Toolkit includes case studies from diverse industries such as retail and aerospace, and worked examples and regular exercises which illustrate how the inventory tools can be used in an operational setting. It is an invaluable reference guide for students and practitioners focusing on inventory management and operations management in manufacturing and retail, as well as operational staff involved in the implementation of the MRP and inventory management modules of ERP systems.

The Inventory Toolkit: Business Systems Solutions | Geoff Relph (Author), Catherine Milner (Author) | Kogan Page

Features:
• Provides extensive guidelines to the key parameters used when planning inventory at the detailed item operational level and tools required to plan inventory at a strategic level.
• Presents case study examples to provide broader understanding of tools and techniques and to demonstrate where each tool is best applied
• Includes a comprehensive list of tools used in inventory planning, essential for both students and practitioners
• New to this edition: chapters on balancing and control, inventory stack and flow, future developments in inventory management and new tools and case studies.
• Online resources: supporting excel spreadsheets to aid understanding and implementation of inventory planning, with ready-to-use formulae.

The Inventory Toolkit: Business Systems Solutions

Table of Contents
Chapter 1: Introduction to inventory management

Chapter 2: Business systems and business

Chapter 3: Inventory balancing and control

Chapter 4: The complexity of inventory management within business systems

Chapter 5: Stack and flow inventories

Chapter 6: Traditional thinking in inventory optimization

Chapter 7: k-curve methodology

Chapter 8: The practical application of k-curve

Chapter 9: Case study examples of k-curve planning approach

Chapter 10: Review, summary and what to do next

Appendix A
Appendix B
Appendix C