As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to dependent demand systems, Inventory Management: Non-Classical Views comes as a just-in-time resource.
This book discusses a new paradigm for inventory management that is responsive to dynamic changes in the economy. It explores :
The book also examines why energy and the environment are to be considered in inventory decisions, the non-classical application of inventory management in fields such as healthcare and disaster relief, and non-classical approaches to measuring the performance of inventory such as information theory, fuzzy sets, and thermodynamics.
While many factors may change, one certainty is that the global economy is becoming increasingly dynamic. Planting the seeds for new research in inventory control and management, this book outlines the evolving role of inventories in business enterprises. It explores how to create inventory management as a tool for continued success regardless of market fluctuations and economic variances.
Preface
Editor
Contributors
Chapter 1 : A New Inventory Paradigm Conceptual Basis and Survey Results
Chapter 2 : Inventory Management Some Surprising News about Classical Views on Inventory and Some Nonclassical Responses to Traditional Practice
Chapter 3 : Inventory Planning to Help the Environment
Chapter 4 : Energy and Inventories
Chapter 5 : Healthcare Supply Chain Management
Chapter 6 : Inventory Modeling for Complex Emergencies in Humanitarian Relief Operations
Chapter 7 : Seeing Inventory as a Queue
Chapter 8 : Fuzzy Inventory Models
Chapter 9 : Modeling Hidden Costs of Inventory Systems A Thermodynamic Approach
Index
