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Inventory Management in Supply NetworksBy Horst Tempelmeier
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This textbook provides a practice-oriented introduction into the problems of stochastic inventory management observed in complex supply chains. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, lot sizing problems under random demand and their relationship to Material Requirements Planning (MRP) are discussed. The second edition contains a completely rewritten paper on the current state-of-the-art of stochastic lotsizing.
The models and algorithms are illustrated with the help of a large number of numerical examples. The discussed models and solution algorithms can be easily implemented in industrial practice. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their work.
- Sales Rank: #3257945 in Books
- Brand: Brand: Books On Demand
- Published on: 2011-02-22
- Original language: English
- Number of items: 1
- Dimensions: 9.69" h x .75" w x 7.44" l, 1.42 pounds
- Binding: Paperback
- 360 pages
- Used Book in Good Condition
From the Author
The book has been written to support the author's lectures on Supply Chain Management and Production at the University of Cologne. Is has also been used in courses for supply chain management practitioners.
For more details of the book see: inventory-management.de
Variants of the algorithms (with some proprietary modifications) have been implemented in the inventory management software POM Inventory Analyser which is used in industry. See pom-consult.de
The basic calculations for standard inventory policies are available in the Windows Phone 7 app named POM SCM Calculator.This app is available through the Windows phone marketplace.
About the Author
The author is Professur for Supply Chain Management and Production at the University of Cologne (Germany). He has published several best-selling textbooks and a large number of scientific articles in journals such as European Journal of Operational Research, IIE Transactions, Operations Research Spectrum, Management Science, Computers & Operations Research, International Journal of Production economics, among others.
He is owner of the consulting company POM Prof. Tempelmeier GmbH which specializes on the application of scientific methods for problem solution in Supply Chain Management and Production.
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