Integrated Production and Inventory Management

Manufacturers who want to improve their competitive positions continually seek ways to leverage their manufacturing assets--particularly by integrating manufacturing planning and control systems with business functions and market requirements. This enables organizations to identify customer needs and respond with prompt, effective service. Integrated Production and Inventory Management is a practical, results-oriented resource that can help your organization achieve sound inventory management. The book's state-of-the-art concepts and proven inventory and production control approaches help you better understand how production and inventory management decisions can successfully support other enterprise objectives. Each central theme--master planning, inventory management, capacity management, material requirements planning, and just-in-time--reflects the latest manufacturing strategies and gives you practical methods for improving performance in the manufacturing process. You'll discover the most effective ways to build customer service using the latest inventory-monitoring procedures, reduce overhead costs--and refocus overhead activity to achieve competitive excellence, and enhance the coordination of distribution operations. Integrated Production and Inventory Management is a course book for the Certification in Integrated Resource Management (CIRM) certificate program offered to 80,000 members of the American Production and Inventory Control Society (APICS) and to other manufacturing professionals. By examining innovative processes and integrative approaches, however, this book is essential for anyone interested in revitalizing their manufacturing processes for success.