Phillip Slater All Books sku-11014723 Smart Inventory

Phillip Slater's Smart Inventory Solutions, Edition 2, is a paperback listed under All Books, SKU sku-11014723. Written for engineers and reliability professionals responsible for materials and spare parts, it covers inventory principles, managing engineering materials and improving inventory results. It includes 29 examples and case studies, discusses why inventory holdings can be too high, identifies factors that affect levels and explains when to use the 7 Actions for Inventory Reduction. The revised edition adds a chapter on the mechanics of inventory management, covering the materials and inventory management cycle, theoretical versus actual outcomes, normal and Poisson distribution models, reorder points and quantities, and Monte Carlo simulation. It expands coverage of inventory finances, policies, procedures, people, common issues, review programs and Inventory Process™ Optimization. A closing chapter addresses next steps. The book has 57 figures and diagrams, including 30 new ones; the others are revised. It also has six new tables, 8 tables in total, eight new checklists and an expanded glossary.You may also like Spare Parts Inventory Management: A Complete Guide to Sparesology, (Hardcover).