Defining Inventory Management ...............................................................................................
Why Does Inventory Have to be Managed?..............................................................................
Inventory Management Objectives............................................................................................
What Does Inventory Management Do?...................................................................................
Classes of Inventory ...................................................................................................................
Levels of inventory Management ..............................................................................................
Characteristics of Inventory in the Supply Chain......................................................................
Strategic Inventory Management Process................................................................................
Strategic Inventory Management Issues ..................................................................................
Balancing Demand and Supply Objectives...............................................................................
Inventory – Conflicting Objectives .............................................................................................
Inventory Trade-Off Decisions ....................................................................................................
Inventory Demand Flows ............................................................................................................
Supply Chain Inventory and Demand Flows .............................................................................
Inventory Dynamics ....................................................................................................................
How Does Inventory Provide Value?..........................................................................................
Inventory – Asset or Liability? ....................................................................................................
Return on Assets ........................................................................................................................
Financial Impact of Inventory ....................................................................................................
Review, Terms, Discussion Questions, Exercises.....................................................................
Terms Check ...............................................................................................................................
Performance Check ....................................................................................................................
Discussion Questions .................................................................................................................
Case Study ..................................................................................................................................
Suggested Additional Readings .................................................................................................