Best Practice in Inventory Management

Best Practice in Inventory Management by Tony Wild, published by Routledge on October 30, 2017, is a comprehensive guide that introduces key aspects of inventory management in a straightforward and accessible manner. This third edition spans 294 pages and is written in English, making it suitable for both students and professionals. The book emphasizes the importance of effective inventory management in enhancing customer service, cash flow, and profitability, while outlining essential techniques and practical advice for their application.
Readers will find a balanced exploration of both qualitative and quantitative elements of inventory control, as Tony Wild illustrates the complexities of stock management beyond mere calculations and models. This edition has been thoroughly updated, reflecting decades of expertise in the field. Topics such as total quality management, logistics, and supply chain management are woven throughout, providing a well-rounded perspective for those looking to understand the intricacies of effective stock management in a business context.
Official synopsis Publisher
Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice.
With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple “number crunching” and mathematical modelling.
This long-awaited new edition has been substantially and thoroughly updated.
The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.
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