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- Managing Inventory
- Devising an efficient system of counting and maintaining a stock of inventory items has long been an arduous task for many shop owners. But the old methods of cataloging by part or item numbers have all but disappeared since the proliferation of electronic catalogs and the use of computer software...
- White papers 2003-01-01
- Maximizing Profitability Through Inventory Management
- Changing the inventory mindset of employees and creating a system of benchmarking and accountability is not done overnight. Properly managing inventories is a battle businesses have long fought. Successful companies have found that employees committed to change combined with great customer service and optimum inventory levels, lead to great profits....
- White papers 2003-01-01
- Inventory Management And Purchasing: Often Overlooked As A Profit Center
- The most important step to success is to establish the policy that will convert and treat the purchasing function as a profit asset center. Informing your business partners that you manage your purchasing/inventory functions as a profit center will further increase their respect for your dealership and offer another...
- White papers 2003-01-01
- The Optimizer : Creates New Highs and Lows
- This case study pertains to the inventory management system developed by Cummins Engine Co. in conjunction with a Chicago-based management-consulting firm. It says that during the eight-month trial period, the new approach decreased required inventory investment by 38% while increasing overall parts availability from 81% to 91%. Distributor management reports...
- White papers 2003-01-01
- Accounts Receivable And Inventory Management
- Accounts receivable is the net monetary value realized by an organization through sales. The parameters affecting accounts receivable management include level of sales, terms of sales, and quality of customer. Efferent inventory management is imperative for reducing wastage in the production process. The paper examines the basics of accounts receivable...
- Presentations 2003-01-01
- Channeling Inventory Management Tactics
- From the executive summary: ‘Quantity of inventory used in inventory management systems allow for deviations in demand or supply. Safety stock calculations take into account historic deviations and use a required service level multiplier to determine the optimal safety stock level. Marketers with more than a few stores or that...
- White papers 2004-08-15
- Should Inventory Policy Be Lean or Responsive?: Evidence for US Public Companies
- In this paper the authors are interested in investigating the association between inventory management policies and the financial performance of a firm. Consulting companies provide some limited evidence that firms that excel in supply chain management/lean techniques also enjoy above-average financial returns. Although several prominent companies have created business value...
- White papers 2005-12-01
- Capital Structure and Inventory Management
- A large literature examines the e?ects of a firm's mixture of debt and equity on its incentives to produce. For nearly 30 years, researchers have examined the consequences of splits between ownership and control agency models and the resulting diversity of claims on cash flow. A related stream of research...
- White papers 2005-08-05
- Integrated Capacity And Inventory Management With Capacity Acquisition Lead Times
- In this paper we consider a make-to-stock production system whose permanent production capacity can be increased temporarily by making use of some contingent resources, while this capacity acquisition has a constant lead time associated with it. We present a model where the capacity management problem is handled in an integrated...
- White papers 2006-06-01
- Dynamic Inventory Management With Financial Constraints
- Traditional inventory models focus on operational decisions. In this paper, we propose a general framework for incorporating financial states of an organization in multi-period inventory models with lost sales. This approach differs from the traditional ones in that operational decisions are correlated with and constrained by financial flows of the...
- White papers 2006-07-14
- A Computational Model For Inventory Management And Planning
- The objective of the study presented in this paper is to determine the factors of the optimal level of merchandizing inventory. This study is based on a mathematical model. The results revealed some interesting findings. The most important conclusion is that the 'Usage of Material' or the Sales Volume is...
- White papers 2006-10-30
- Keep more revenue with smart inventory management tips on BizWiseTV
- How much is bad inventory management costing your business? Cisco BizWiseTV can help you keep more revenue. When you fail to safeguard valuable inventory, it may lead to lost revenue, regulatory trouble or both. Whether you're looking to decrease employee theft or stay in compliance with the latest government mandates,...
- Resource centers 2008-09-01
- Modernizing Inventory Management
- The original Cole Hardware was founded in 1959 by Dave Karp. Today, his son, Rick Karp has four stores throughout the city of San Francisco. Technology is at the heart of operations for this small business. Karp currently spends 50,000 to 100,000 dollars annually on IT to help optimize and...
- Videos 2009-01-27
- Beyond Child's Play: Acquiring A Small Toy Store Chain In A Recession
- Gerald Johnson's professional career began in the oil industry. But when his employer asked him to move one too many times, Johnson decided to trade big business for small. A two year search led Johnson to The Ark Toy Company, which he bought despite the economic downturn. ...
- Videos 2009-03-03
Additional Resources
- New Aberdeen Group Report Highlights Supply Chain Finance and Inventory Management Best Practices for Working Capital Optimization
- TradeBeam, a leading provider of Global Trade Management GTM software and services, today announced the release of Aberdeen Group's Working Capital Optimization report. A complimentary copy of the report can be downloaded below.
- Research articles 2007-08-06
- Multinational Financial Management
- Financial management involves managing the finance related activities of an organization. Financial management activity assumes great significance in case of a multinational corporation. Efficiently managing financial resources across global locations becomes imperative in the aforesaid case. The paper examines these issues. In this context, accounts receivable management, short term financing,...
- Presentations 2003-01-01
- The Project Management Warehouse: Information Integration for a Purpose
- This paper will discuss the issues, concerns and challenges facing Project Managers due to non-integrated project management data, and how using a Project Management Data Warehouse can facilitate a more efficient program and provide a better quality product. Project Management process improvements require collecting data from many departments within an...
- White papers 2001-03-28
- Siriraj Hospital: Implementation Of A New SAP System
- Bangkok's Siriraj University Hospital is the leading nonprofit health care provider for Thailand's poor and middle classes. Siriraj Hospital's finance and accounting function has come under increased strain over the years. Wanting to automate and improve the accuracy of its finance, accounting, HR, budgeting, purchasing and inventory management functions, Siriraj...
- Case studies 2007-11-05
- Excellence in Working Capital Management - Finance Steps Up to Mastering Complicated Internal Processes
- This article reports and summarizes a research that indicates that companies see the most room for improvement in such areas as billing efficiency, inventory management, and procurement processes all of which require collaboration across a company's departments and business units. Many firms, however, acknowledge a lack of knowledge of best...
- White papers 2004-10-01
- Businessman Purchases Harley-Davidson Dealership with GE Commercial Finance
- SCOTTSDALE, Ariz. -- Mike Durbin has always dreamed of being an entrepreneur and owning his own business. Beginning his career in operations management, Durbin's goal was to gain experience that would eventually help him develop a business. He went from operations to merchandising and then to inventory management.
- Research articles 2004-09-09
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