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Informationen zum Autor STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He is the author of over thirty books primarily targeted toward controllers, treasurers, CFOs, and their needs. Bragg received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. Klappentext INVENTORY Best Practices SECOND EDITION Offering the latest and most important information on advanced techniques and strategies, Inventory Best Practices, Second Edition helps you ensure that proper controls are in place to keep costs down. Now with a new chapter describing the impact of constraint management systems on inventory, this benchmark resource shows you how to gain a sweeping view of the scope of inventory best practices into all aspects of your company. This Second Edition has been fully updated to include twenty-nine new best practices on: Distinguishing between different types of distressed merchandise for disposal purposes Improving partner relationships Shifting outsourced production to local suppliers Warehouse reduction analysis Component profiling to reduce inventory levels Relocating suppliers on-site Demand forecast sharing with suppliers Product footprint analysis on pallets Review of limited shelf-life items Modifying the safety stock calculation Sequencing incoming supplier parts to match the production line Reverse logistics Inventory Best Practices, Second Edition will not only show you how to spend far less time recording inventory transactions but will also demonstrate how your business can shorten its order cycle time. Whether you've been searching for ways to shrink inventory expense, or just want to enhance the efficiency of the warehouse, look no further? Inventory Best Practices, Second Edition is here. Zusammenfassung ? Best practices can be anything that increases the existing level of efficiency and can also lead to improved levels of reporting for use by other parts of the company such as activity-based costing, target costing, or direct costing reports in the costing function. Inhaltsverzeichnis Preface xv Chapter 1 Success or Failure with Best Practices 1 Types of Best Practices 1 Most Fertile Ground for Best Practices 2 Planning for Best Practices 3 Timing of Best Practices 5 Implementing Best Practices 6 How to Use Best Practices: Best Practice Duplication 9 Why Best Practices Fail 10 Summary 14 Chapter 2 Inventory Purchasing 15 2.1 Include Suppliers in the New Product Design Process 17 2.2 Use Supplier-Concurrent Engineering 18 2.3 Avoid Designing Risky-Procurement Items into Products 18 2.4 Match Product and Part Life Cycles 19 2.5 Reduce Safety Stocks by Shrinking Supplier Lead Times 20 2.6 Purchase Supplier Capacity 20 2.7 Reduce Safety Stocks by Accelerating the Flow of Internal Information 21 2.8 Buy from Suppliers Located Close to the Company 22 2.9 Relocate Suppliers On-Site 23 2.10 Use Local Suppliers for Rapid Replenishment 24 2.11 Consider Foreign Sourcing 24 2.12 Use Auctions for Selective Purchases 25 2.13 Compare Suppliers Based on Total Landed Cost 26 2.14 Eliminate Approvals of Routine Purchases 27 2.15 Purchase Based on Material Requirements Planning 27 2.16 Compare Open Purchase Orders to Current Requirements 28 2.17 Freeze the Short-Term Production Schedule 29 2.18 Share Production Plan with Suppliers 30 2.19 Obtain Direct Links into Customer Inventory Planning Systems 30 2.20 Require Frequent Deliveries of Small Quantities 31 2.21 Arrange for Inbound Split Del...
