Improving Inventory Record Accuracy

Improving Inventory Record Accuracy: 

Getting your stock information right by Tony Wild (Author)
Publisher: Butterworth-Heinemann (October 1, 2004) |

ISBN-10: 0750659009 | PDF | 1,5 Mb | 144 pages

Record accuracy has become the focus of attention for many businesses because customers have higher expectations of the right item being delivered on time, and competitive pressures do not allow for extra stockholding. Businesses now have the opportunity to become much more effective given the correct information, the development of better communication and integration of systems. For inventory management, the pressure for most companies is to become more efficient and hold less inventory.

The accuracy of data has gradually been emerging in importance. The systems only work if the data is correct and with the introduction of integrated data, there are wide ranging repercussions for businesses that draw conclusions and make decisions based on inaccurate records.

Where there is a lot of data, there is the opportunity for many and large errors. This is often the case with inventory: many items, large varieties of different items, and fast changing inventory. Measuring how much there is becomes a challenge in many businesses such as consumer retailing and manufacturing processes where inventory changes so rapidly. With large warehouses there is also the risk of inaccurate recording so that items are not there or not in the right place.

Improving Inventory Record Accuracy initially discusses how to quantify the problem, set sensible targets for improvement and how to make the case for doing something to improve accuracy. The book then discusses why inventory records do go wrong and how to rectify the major causes of error. Finally the book illustrates the techniques with which everyone can make their records very accurate.

This is a practical book that solves a practical problem and shows the ways to improve record accuracy. Tony Wild has amassed many techniques over the years, has tried them out in practice and he presents them here in an accessible style for professional managers in logistics and stock control, retail/wholesale distribution. The book is also intended for use by students on Institute of Operations Management Certificate, DPIM, CPIM and DLM courses.

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Introduction to Logistics Engineering

• Hardcover: 320 pages
• Publisher: CRC Press; 1 edition (December 3, 2008)
• Language: English
• ISBN-10: 1420088513
• ISBN-13: 978-1420088519

Book Summary of Introduction To Logistics Engineering

Core Principles for Engineering Success with Logistics In spite of the growing recognition of logistics as a necessary condition for business success, there is a lack of introductory literature covering the field's technical aspects. Inspired by the bestselling "Logistics Engineering Handbook," this fundamental text provides an accessible point of entry into this critical discipline.
The author introduces topics, such facility layout and location, from a historical and economic viewpoint. His unique engineering-oriented approach focuses on material movement problems, introducing solution tools and metrics. Each chapter includes either a brief case study of an industrially motivated problem or a tutorial using fabricated data designed to highlight important issues. The book delves into activities that commonly fill the workday of logisticians, including inventory control, material handling systems, warehousing, distribution center, and transportation design. The book closes with an excellent chapter on logistics as an integrating systems function.
Written by leading experts in the field, this comprehensive, but brief, reference provides a solid foundation in the core principles of logistics engineering.

In spite its importance, logistics engineering often lags industry requirements, especially in terms of engineering-based needs. Filling the gap between education and practice, this brief but comprehensive volume covers the most basic material in the field of logistics engineering, making is suitable for those who require an overview of the topic. The book discusses logistics from historical and economic perspectives, covers the basic tools required for the study and practice of logistics, and reviews the metrics that can be used to evaluate progress. It then delves into activities that commonly fill the workdays of logisticians. The book closes with an excellent chapter on logistics as an integrating systems function.

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WMS Euclid Beverage

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Encyclopedia of Business and Finance - by Burton S. Kaliski

• Hardcover: 900 pages
• Publisher: MacMillan Reference Books (November 2000)
• Language: English
• ISBN-10: 0028650654
• ISBN-13: 978-0028650654
• Product Dimensions: 11.4 x 8.6 x 2.9 inches 

This review is from: Encyclopedia of Business and Finance (Hardcover)

If you're looking for a basic primer not much beyond secondary school level (high school) then the "Encyclopaedia of Busine$$ and Finance" is recommended, however, if you are looking for something to help you in business or finance or the university level then you may well be disappointed. The entries are overly simplistic (sometimes painfully so - there is a section dedicated to telephone courtesy under "Telephone Skills").

For more complex topics there are very few formulas given throughout the book, especially when needed. Case in point; here is the entire entry for Net Present Value:

"Net present value (NPV). A capital investment's net present value (NPV) is the amount of value the company expects the investment to create. The NPV equals the sum of the present values of all of the money expected back from the investment minus the investment's cost."

Also a lack of focus, by contrast to the above entry on NPV, there are three and a half pages dedicated to video conferencing, including a "KEY TO SUCCESSFUL VIDEOCONFERENCING" (sic) section, and references to George Jetson (I'm not joking). Also there are numerous references to very specific to the US such as the "The Americans with Disabilities Act of 1990", but no entry, for example, on the Yen or even any mention of 'Fannie Mae', or for that matter Michael Porter's five forces. To its credit, the book is comprehensive, but not on the accepted standards of business or finance, but rather the ins and outs of office work.

I'm sorry to say that this book is designed for school students. The fact that Business is spelt "BUSINE$$" on the front cover should be a dead give-away. A worthy gift to a fourteen year old student, but would be of little use to anyone older or more serious.

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Electric Power Distribution Handbook

• Hardcover: 784 pages
• Publisher: CRC Press; 1 edition (Sep 15 2003)
• Language: English
• ISBN-10: 0849317916
• ISBN-13: 978-0849317910

Review

[A] comprehensive source for information about the components that make up our current distribution system. … The book is a thorough look at power distribution systems. It is written in a clear and easily understood manner.
- E-Streams, Vol. 7, No. 9, Sept. 2004

The book is very readable for a practicing engineer. Basic theory and fundamental equations are presented along with hundreds of tables, graphs, figures, and excellent written descriptions, which make the book very easy to read and understand. The comprehensive collection of many hard-to-find tables and graphs also makes this book a worthwhile investment. … This handbook is highly recommended for power engineers working on distribution systems or those who want to learn more about the modern power distribution system.
- IEEE Electrical Insulation Magazine, Jan/Feb 2005, Vol. 21, No. 1

CRC Press has delivered another excellent, applications-rich work for practicing engineers or professionals-in-training. Short addresses all major problems in distribution system design and operation, clearly describing the fundamental physical issues involved and providing proven, best-practice engineering tools to analyze and solve the problems. He provides ample, practical, and unambiguous illustrations, field data, and analytical formulae well-adapted for use by the practicing engineer. The book offers in-depth coverage of the very latest information and proven remedies of increasingly problematic distribution networks power quality and reliability issues, … An excellent resource … Summing Up: Essential.
- CHOICE, April 2004

A welcome addition to any technical library for practicing distribution engineers…The fabric of the work includes a rich assortment of research contributed by many individuals...There is also a lot of hard-to-find information included…The book includes an extensive amount of figures and photos that really add clarity, complement the text, and better orient the reader to the particular topic.
- IEEE Power and Energy Magazine, July/August 2005

Product Description

Of the ...big three... components of the electricity infrastructure, distribution typically gets the least attention, and no thorough, up-to-date treatment of the subject has been published in years. Filling that void, the Electric Power Distribution Handbook provides comprehensive information on the electrical aspects of power distribution systems. It is an unparalleled source for the background information, hard-to-find tables, graphs, methods, and statistics that power engineers need, and includes tips and solutions for problem solving and improving performance. In short, this handbook gives readers the tools they need to understand the science and practices of distribution systems.

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Dynamic Modelling for Supply Chain Management

Dealing with Front-end, Back-end and Integration Issues

Crespo Márquez, Adolfo

1st Edition., 2010, XVIII, 297 p. 109 illus., Hardcover
ISBN: 978-1-84882-680-9

An effective supply chain results in a clear competitive advantage for the production system as a whole, but supply chain management is a collaborative effort that requires the efforts of disparate groups of people and a wide range of expertise. Dynamic Modelling for Supply Chain Management discusses how to streamline complex supply chain management by making the most of the growing number of tools available.

The reader is introduced to the basic foundations from which to develop intelligent management strategies, as the book characterises the process and framework of modern supply chain management. The author reviews supply chain management concepts and singles out important factors in the management of modern complex production systems. Particular attention is paid to modern simulation modelling tools that can be used to support supply chain planning and control.

Coverage of the main problems related to supply chain management is organised into three different groups: front-end, back-end and integration issues. Traditionally, supply chain management focused on logistics but, in recent years, understanding and responding to customers’ needs have become much more critical. The book explores the operational and financial impacts of various potential problems, offering a compilation of practical models to help identify solutions.

A useful reference on supply chain management, Dynamic Modelling for Supply Chain Management will benefit engineers and professionals working in a variety of areas, from supply chain management to product engineering. All the topics covered are illustrated with case studies drawn from several different sectors.

Content Level » Research
 
Keywords » Collaboration in Supply Chains - Internet and Supply Chains - Supply Chain Integration - Supply Chain Management - Supply Chain Modeling - Supply Chain Planning
 
Related subjects » Information Systems and Applications - Production & Logistics - Production & Process Engineering

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Development and Implementation of RFID Technology

Development and Implementation of RFID Technology 
by Cristina Turcu

Publisher: Sciyo.com 2009
ISBN-13: 9783902613547
Number of pages: 564

Description:
The book generously covers a wide range of aspects and issues related to RFID systems, namely the design of RFID antennas, RFID readers and the variety of tags (e.g. UHF tags for sensing applications, surface acoustic wave RFID tags, smart RFID tags), complex RFID systems, security and privacy issues in RFID applications, as well as the selection of encryption algorithms.

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