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Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.
- Presents the work of leading supply chain experts who have reunited to present an updated edition of their widely acclaimed book
- Focuses on current challenges to managers, such as the expanding reach of global chains across boundaries, new pressures for fiscal responsibility and speed, and increasing accuracy and complexity of inventory management
- Includes practical advice for meeting the challenges of today as well as presenting new developments to be utilized in advancing other improvements
- Outlines advanced concept and theory, along with easy to implement, elegant solutions
