Name: Supply Chain Analytics for Inventory Management (en Inglés)
SKU: 62068340
Price: 89.32 USD
Availability: InStock
Author: Christiane Haubitz
ISBN: 9783832554002

portada Supply Chain Analytics for Inventory Management (en Inglés)

Supply Chain Analytics for Inventory Management (en Inglés)

Formato

Libro Físico

Editorial

Logos Verlag Berlin

Autor

Christiane Haubitz

Idioma

Inglés

N° páginas

169

Encuadernación

Tapa Blanda

ISBN13

9783832554002

Supply Chain Analytics for Inventory Management (en Inglés)

Christiane Haubitz (Autor) · Logos Verlag Berlin · Tapa Blanda

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Reseña del libro "Supply Chain Analytics for Inventory Management (en Inglés)"

This book addresses the application of supply chain analytics to improve inventory management, a cornerstone for successful operations at many companies. Holding inventory reduces stockout cost, facilitates smooth operations, and improves service levels and customer experience; but it also ties up capital and goes along with costs for storage, obsolescence, handling, and other. Due to the complexity of the task, companies apply inventory models, which build on assumptions that seldomly fully hold in practice. As a consequence, the actual performance of the inventory system deviates from the projected performance and the full potential of the models cannot be exploited. This book covers three different problems that companies commonly face when managing their inventories: the introduction of new inventory policies in existing inventory systems, the use of algorithmic advice by human planners, and the accuracy of master data on which inventory models rely. By using mathematical optimization, behavioral experiments, and machine learning, the developed approaches support the successful implementation of state-of-the-art inventory research in practice.