Covers inventory-management concepts
This book serves as a basic primer on core inventory-management concepts, offering such information as formulas for computing breakeven points and profit margins, cycle counting, and calculating replenishment costs. The writing is straightforward and educational in tone, with questions and notes at the end of each chapter designed to reinforce the readers confidence in having understood the concepts.
What the book could use more of, though, are real-world applications, particularly in the way of case studies that illustrate how specific companies are benefiting from using these inventory-management techniques. While the basic information presented is solid and useful, the reader is too often left wondering how well these methodologies work on the shop floor and in the warehouse.
Essentials of Inventory Managment
By Max Muller, AMACOM, 2011,
257 pages, $39.95