

Inventory management is about more than counting what youยve got. Itยs about understanding business realities and making decisions that balance current demand with future needs. Author Max Muller teaches readers how to do this while keeping overhead and operating costs at a minimum by maximizing productivity in key areas--from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Novice and veteran managers alike will gain ultra-practical tips and tricks on topics including forecasting and replenishment strategies, retail vs manufacturing inventories, materials requirements planning, formulas for calculating quantities and schedules, and supply chain risk management. Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing ยWhy Inventory Systems Fail and How to Fix Them,ย the second edition of Essentials of Inventory Management is perfect for both instructional and on-the-job use. Inventory management is complex, but it can be simplified. With up-to-date insights to maximize productivity, identify and solve issues quickly, forecast and replenish, incorporate automation, and much more, this nontechnical yet thorough guide will teach you how to manage inventory as a physical reality--and maximize its monetary value. Review: GREAT Introductory Book. - What I Like: * VERY Readable with GREAT Examples, Figures, Illustrations and Pictures * GREAT introductory book What is only so-so: * Some topics are a LITTLE dated, but that happens in a rapidly changing technological world! Pros: * Concise, Well Written, Straight Forward, Easy to Understand, GREAT Examples Cons: * This is a great INTRODUCTORY Book. You may have to move on to other texts for more in-depth explanations on specific topics Review: Good info - I have this as a supplemental read for my inventory management class so I haven't gotten to far into it but the info is really laid out well and simple enough for the average person to understand.
| Best Sellers Rank | #1,465,531 in Books ( See Top 100 in Books ) #163 in Business Purchasing & Buying #442 in Industrial Management & Leadership #490 in Production & Operations |
| Customer Reviews | 4.2 out of 5 stars 201 Reviews |
M**L
GREAT Introductory Book.
What I Like: * VERY Readable with GREAT Examples, Figures, Illustrations and Pictures * GREAT introductory book What is only so-so: * Some topics are a LITTLE dated, but that happens in a rapidly changing technological world! Pros: * Concise, Well Written, Straight Forward, Easy to Understand, GREAT Examples Cons: * This is a great INTRODUCTORY Book. You may have to move on to other texts for more in-depth explanations on specific topics
B**S
Good info
I have this as a supplemental read for my inventory management class so I haven't gotten to far into it but the info is really laid out well and simple enough for the average person to understand.
T**E
A practical and concise primer, recommended despite defect
As said in the February review, the Kindle version has about 10 pages of content missing. Because the problem occurs near the beginning of the book, it gives the impression that it bodes ill for how well formatted the book is, but after finishing the book, I can safely say that that's the only missing chunk, and despite the defect, I'd still recommend the book to anyone who's just starting out on inventory management or has taken over an operation that needs improvements in efficiency and accuracy. The author is well versed in theories while highly experienced in practical application. The book provides succinct surveys of methods of inventory management and each's pros and cons, and also how pitfalls in areas of business management either directly or indirectly related to inventory management can lead to various persistent problems. It views inventory as an integral part of a business and aims to help the reader make the business better and stronger as a whole through improved inventory management. As the title indicates, this book is only about the "essentials," so the needs of very large (global in scale) or very complex (like Amazon) operations are not covered, but the conceptual basics should be universally applicable. Note: If you don't own a Kindle reader and intends to read the book on a computer, the diagrams would be too small for your eyes and impossible to read. But given that the diagrams are few and none too essential, it shouldn't amount to more than a nuisance. I had written to Amazon's customer service and the respondent said they're taking the Kindle version off the shelf until the publisher fixes it. So please write in again to badger them if you're buying the book a few months later than I and still find the same problem in the book.
S**R
Good Info...poorly put together
While this book has some good information I agree with one of the reviewers that the editorial process was absent and the topics are not cohesive. My English teacher in college would have red marks all over this document.
R**A
Pocket book
A comprehensive book on Inventory management basics. It's for anyone who are direct ly or indirectly associated with inventory management to brush up on their basics as well good read for beginners.
R**T
Good Book for novice in inventory management
A good book to read if one is new to inventory management. Easy to understand. Good for the expert to refresh some fundamental knowledge.
J**H
Great book, but some of the illustrations are actually ...
Great book, but some of the illustrations are actually off and need a re-design. i think it's a gliche in this 2nd edition, and I found a PDF of the first edition online with the correct illustrations. The book is still worth it, b/c it's lots of great info.
J**A
Would love the third edition on Kindle!
Nothing wrong with this listing, I just did not notice that the kindle version was only second edition whereas the other purchase options were third edition... needed this for my class and can get most of the work done through this but some questions I'm finding a are not relevant in the second edition
R**.
great reading
great direction
E**Z
Five Stars
i love tit
A**C
Has lots of mistakes.
I found this book very informative, nevertheless, this book has lots of mistakes; starting from chapter 2. I hope they rectify them in the next edition.
A**M
Brilliantly written and very detailed
I am loving it so far.
S**N
Good Book On The Basics Quickly - Unlike Daunting Bulky Text Books.
Good Book On The Basics quickly and not dry Has a few worked out examples for each chapter. And expanded to cover the basics on e-procurement. I have read the earlier edition many years ago, some of the data values in this edition are off!! Hence The 4 stars.
Trustpilot
3 days ago
1 month ago