Article: Search For Better Inventory Management Tools (SupplyChain Digest 22/9/2010)
Text: Jyrki Salmivuori / Author: Clifford Holste
As Product Inventories Continue To Rise, Companies Search For Better Inventory Management Tools
Does The Trend Toward Shorter Life Cycle Of Products Contribute to Higher Inventory Levels?
Read the article: http://www.scdigest.com/assets/Experts/Holste_10-09-22.php
Publications: Inventory Management for Small and Medium-sized Businesses
The book introduces a new practical method for inventory management. The traditional ABC categorization has been replaced by the new, product life-cycle based ABC categorization. The Wilson formulae is not always the best tool for inventory optimization for buyers who need reliable, and easily adoptable method for daily use. The book answers the following questions: How to ensure product availability? How to reduce write-offs? What is the right lot size for each purchaseable product? How to reduce the total inventory value?
The book has been published in 2009.
Publisher: Helsingin Kamari Oy.
You can order book from here:
