Principles of Inventory and Materials Management

by Richard J. Tersine and M. Hays

Book Overview

This text/reference addresses the unprecedented changes occurring in manufacturing that are being brought about by quality management philosophy -- lower inventory, reduced lead-time, preventive maintenance, and increased emphasis on customer satisfaction. Combining theory and practice, it presents alternative systems (models) for managing materials (inventory) -- their use, transformation, distribution, and sale -- and their flow to, within, and...

• Format: Hardcover
• Language: English
• ISBN: 0444011625
• ISBN13: 9780444011626
• Release Date: January 1988
• Publisher: North-Holland
• Length: 553 Pages
• Weight: 2.30 lbs.

Customer Reviews

New Edition

I like this book because it helps me so much in my teaching. Its really relevant to the content of our course. But unfortunately no new edition and this book is out of print. so i have to borrow this book from the library and renew it again and again.

Technical book on inventory management

I would describe this as a technical book on the science behind inventory management. Much of the book is dedicated to detailing formulas and models used to determine order quantities, lot sizing, demand forecasting, safety stock calculations. Real examples make understanding these complex formulas easier. The book also describes the logic behind MRP and discusses Just-In-Time and Theory of Constraints. I would not recommend this as an introductory book to inventory management but rather a book for those that already have some basic understanding of inventory management and want to take their knowledge to a higher level. I expect to be referring back to this book for years to come.

A book points the right subject at the right place

As a MRP consultant, This book helped me a lot to prepare user training materials. By placing marketing suject at the beginning, this book points where real-world success on implementing Inventory and Material Manage is coming from. Also has good examples and cases.