tailieunhanh - Lecture Principle of inventory and material management - Lecture 25

Lecture 25 - Independent Demand and Ordering System. The contents of this chapter include all of the following: What is inventory, cost of inventory, benefits of inventory, multi period model, optimal quantity to order, safety stock, periodic review system, Single period Inventory model. | Lecture 25 Independent Demand and Ordering System Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Operations Management, 11/E, Jay Heizer, Texas Lutheran University, Barry Render, Graduate School of Business, Rollins College, Prentice Hall Objectives What is Inventory Cost of Inventory Benefits of Inventory Multi period model Optimal quantity to order Safety stock Periodic review system Single period Inventory model What is inventory? Inventory is the raw materials, component parts, work-in-process, or finished products that are held at a location in the supply chain. Why do we care? At the macro level: Investment in inventory is currently over $ Trillion (. Department | Lecture 25 Independent Demand and Ordering System Books Introduction to Materials Management, Sixth Edition, J. R. Tony Arnold, ., CFPIM, CIRM, Fleming College, Emeritus, Stephen N. Chapman, ., CFPIM, North Carolina State University, Lloyd M. Clive, ., CFPIM, Fleming College Operations Management for Competitive Advantage, 11th Edition, by Chase, Jacobs, and Aquilano, 2005, .: McGraw-Hill/Irwin. Operations Management, 11/E, Jay Heizer, Texas Lutheran University, Barry Render, Graduate School of Business, Rollins College, Prentice Hall Objectives What is Inventory Cost of Inventory Benefits of Inventory Multi period model Optimal quantity to order Safety stock Periodic review system Single period Inventory model What is inventory? Inventory is the raw materials, component parts, work-in-process, or finished products that are held at a location in the supply chain. Why do we care? At the macro level: Investment in inventory is currently over $ Trillion (. Department of Commerce). This figure accounts for almost 25% of GNP. Enormous potential for efficiency increase by controlling inventories Inventory is one of the biggest corporate assets ($). Sales growth: right inventory at the right place at the right time Cost reduction: less money tied up in inventory, inventory management, obsolescence Higher profit Why do we care? At the firm level: Why do we care? Each of Solectron’s big customers, which include Cisco, Ericsson, and Lucent was expecting explosive growth for wireless phones and networking gear .when the bottom finally fell out, it was too late for Solectron to halt orders from all of its 4,000 suppliers. Now, Solectron has $ billion in inventory. (BW, March 19, 2001) “When Palm formally reported its quarterly numbers in June, the damage was gruesome. Its loss totaled $392 million, a big chunk of which was attributable to writing down excess inventory - piles of unsold devices.” (The Industry Standard, June 16, 2001) “Liz Claiborne said

• Kế hoạch kinh doanh
• Inventory management
• Material management
• Quản lý nguyên vật liệu
• Quản lý hàng tồn kho
• Inventory and material management
• Operations management
• Lecture Operations management
• Process management
• Supply chain
• Scope of operations management
• Decision making
• Ebook Operations management
• Operations performance
• Operations strategy
• Process design
• Fundamentals of operations management
• Quản lý vận hành
• Operations management strategy
• Transformation process
• Lean operations
• Lean system characteristics
• Lean systems
• Production operations management
• Production Management
• Lecture Production operations management
• Business strategy
• Objectives of inventory management
• Competitive advantage
• Operations consulting
• Business process reengineering
• Stages of operations consulting
• Operations consulting tool kit
• Aggregate sales
• Operations planning
• Operations planning activities
• Aggregate operations plan
• Management of quality
• Supply chain management
• Project management
• Project characteristics
• Supply chain management
• Inventory management
• Disadvantages of inventory
• Modern production