Table of Contents
Chapter
1 - The Nature of Inventory
Dependent
Demand Reordering Systems
Chapter
2 - Inventory Strategy
Chapter
3 - Inventory Policies
Chapter
4 - Materials Planning and Forecasting
Forecasting
by Product Families
Problems
with the Sales Department Forecast
Forecasting
with Customer Linkages
Modeling
of Materials Planning
Inventory
Management by Classification
Store
Finished Goods at Pre-Configuration Level
Cost-Effective
Inventory Reduction
Reduction
of Inventory Returns
Elevate
the Materials Manager Position.
Chapter
5 - Purchasing Activities
Materials
Sourcing Considerations
The
Volume Purchase Discount Conundrum
Match
Contract Length to Pricing Trends
Streamlined
Purchasing Approvals
Supplier
Delivery Arrangements
Negative
Effects of the Purchase Price Standard
Chapter
6 - Inventory Receiving
Minimize
Travel Time with Dock Assignments
Organize
around Length of Delivery Time Slots
The
Need for Receipts Inspection
Route
Goods Directly to Production
Route
Remaining Goods to Storage
Time-Phase
Shipping and Receiving
Chapter
7 - Putaways and Picking
Automated
Storage and Retrieval Systems
Automated
Storage and Retrieval Vehicles.
Dedicated
C Level Picking Tours
Additional
Picking Efficiencies
Robots
Move Mobile Shelves to Pickers.
Prepackage
Goods in Picking Increments
The
Simultaneous Replenishment and Picking Conundrum
Chapter
8 - The Impact of Production on Inventory
The
Produce to Forecast (Push) System
The
Produce to Order (Pull) System..
Organize
the Factory around Products
Enhance
Feedback Loop to Suppliers
Inventory
In-Process Identification
Reduce
In-Process Container Sizes
Locate
Cells near Common Inventory
Purchase
Less-Complex Machinery
Manage
Inventory around the Bottleneck.
Assign
Parts to the Same Machine
Unscheduled
Downtime Avoidance
Move
Production to Raw Materials
Chapter
9 - Inventory Shipping
Match
Production to Full Truckload Requirements
Shipping
Container Considerations
Dunnage
Usage for In-Transit Inventory Protection
Transportation
Management Systems
Chapter
10 - Obsolete Inventory
Obsolete
Inventory Identification
Chapter
11 - Product Development
Minimize
the Number of Parts Used
Match
Materials Quality to Design Specifications
Design
around Limited Availability Components
Design
around Lifetime Buy Decisions
Advance
Material Purchase Issues
Include
Suppliers in the Design Process.
Use a
BOM Temporary Substitution Procedure
Review
Inventory Returns and Shortages.
The
Customer Complaint Feedback Loop
Review
and Approve Engineering Change Orders
Customer
Termination Considerations
Chapter
12 - Inventory Record Accuracy.
Environmental
Factors Impacting Record Accuracy
Employee
Factors Impacting Record Accuracy
Labeling
Issues Impacting Record Accuracy
Inventory
Naming Conventions Impacting Record Accuracy
Inventory
Data Collection Methods
The
Data Entry Backlog Problem
The
Negative Inventory Balance
Chapter
13 - Inventory Counting and Reconciliation
The
Perpetual Inventory System
How
to Set Up Inventory Record Keeping
Concerns
about the Physical Inventory Count
Sole
Source Inventory Purchases
Foreign
Sourcing Considerations
The
Stable Production Schedule
Automatic
Supplier Replenishment
Supply
Chain Buffer Stock Reduction
Reduce
Supplier Delivery Times
Aggregate
Deliveries with Freight Forwarders
Suppliers
Own On-Site Inventory
Supply
Chain Configuration Issues
Chapter
15 - Warehousing Efficiencies
Flow-Through
Warehouse Designs
Flow-Through
Warehouse Equipment
Warehouse
by Distribution Channel
Warehouse
by Order Completion Zone
Storage
Based on the Putaway to Picking Ratio
Efficiencies
within Storage Racks
Size
Picking Bins to Store Sufficient Quantities
Size
Cartons to Customer Order Sizes.
Use
Standard Containers to Store Inventory
Design
Storage for Less than Peak Demand
Distribution
Requirements Planning
Ship
Overnight from a Single Location
Retain
Low-Turnover Inventory at Warehouse Level
Chapter
16 - Warehouse Storage Systems.
Inventory
Storage Characteristics
Chapter
17 - The Warehouse Layout
Sizing
and Locating Dock Doors
Treatment
of Building Supports
Warehouse
Sizing Considerations
Considerations
for Acquiring Warehouse Space
Chapter
18 - Inventory Measurements
Overview
of Inventory Measurements
Inventory
Turnover Measurements
Percent
of Inventory Greater than XX Days
Returnable
Inventory Valuation
Opportunity
Cost of Excess Inventory
Final Examination236