Author Overview

Reducing a company's investment in inventory while at the same time having enough left for production needs is a key area of concern to many levels of management. Though there are many good books covering various aspects of the inventory problem, there is no compendium of improvement ideas, which was the central theme of Inventory Best Practices. I clustered together more than 200 inventory best practices in this book, and subsequent sales have indicated that the concept was sound.

Related Books

Contents

Chapter 1. Success or Failure with Best Practices
Chapter 2. Inventory Purchasing
Chapter 3. Inventory Receiving and Shipping
Chapter 4. Inventory Storage
Chapter 5. Inventory Picking
Chapter 6. Production Issues Impacting Inventory
Chapter 7. Inventory Transactions
Chapter 8. Inventory Planning and Management
Chapter 9. Warehouse Layout
Chapter 10. Cost Accounting
Chapter 11. Bills of Material
Chapter 12. Impact of Constraints on Inventory
Chapter 13. Inventory Policies and Procedures
Chapter 14. Inventory Measurements

Appendix: Summary of Inventory Best Practices

Reviews

Despite all of the attention given to inventory issues over the past twenty years, most companies still struggle with how to identify and implement best practices. Steve has managed to produce the best-organized and documented presentation to date. It is so thorough and detailed that it could be used as a project plan to solve or avoid virtually any inventory problem. I don't see how an inventory manager or planner, even a CEO or CFO, could not make significant improvements by following his guidelines. -- Rick Feltenberger, Principal, The Supply Chain Center

Inventory Best Practices offers a remarkable range of insights into managing and accounting for inventory and material handling for all product-focused industries. Detailed coverage of best inventory and warehouse management techniques is combined with an extensive overview of cost management and accounting techniques. The ultimate insights offered include product and facility planning details that often determine the magnitude of costs in manufacturing and retail operations that are reflected in inventoried costs. This is an essential reference for any professional in a product or distribution-focused company or business role. -- Barrett Peterson, CPA, Manager, Accounting Standards, Procedures, and Analysis, TTX

I don't know how he does it, but Steven Bragg makes reading about a subject such as inventory interesting, informative, and very useful. Reading and implementing even some of the best practices in this book will improve your company. I highly recommend this book for people who deal with inventory and for their managers. -- Gail Sevier, Manager of Marrs Sevier & Company LLC