Titlebook: Inventory Management; Principles, Concepts John W. Toomey Book 2000 Springer Science+Business Media New York 2000 Distribution Management.M

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Overview,ntrolling inventories. The role of Inventory Management is to maintain a desired stock level of specific products or items. The systems that plan and control inventories must be based on the product, the customer, and the process (either manufactured or purchased) that makes the product available. T

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Cost Concepts,aluation and selling price considerations. The marketplace is the usual determinate of selling price but the product cost is an obvious consideration. Cost management is the additional activity of measurement and analysis.

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Inventory Reliability,direct recipient of the product. The purchaser of a screw driver set is the customer of the retailer, such as a hardware or discount house. The retailer is responsible for maintaining a stock level that will allow an acceptable service level for the customer. In off-the-shelf commodities, such as th

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Replenishing Independent Demand,ned by the market place. Independent demand inventory is called distribution inventory while dependent demand inventory is known as manufacturing inventory. Distribution inventory is most often maintained in manufacturing finished goods’ warehouses, regional distribution centers, local distribution

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Flustered

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