Materials management : an integrated systems approach / Prem Vrat.
Prem Vrat, author.
2014
TS161
Available Online

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Title Materials management : an integrated systems approach / Prem Vrat.
Author Prem Vrat, author.
ISBN 9788132219705 (electronic book)
8132219708 (electronic book)
9788132219699
DOI https://doi.org/10.1007/978-81-322-1970-5
Published New Delhi : Springer, 2014.
Language English
Description 1 online resource (xxiii, 408 pages) : illustrations.
Other Standard Identifiers 10.1007/978-81-322-1970-5 doi
Call Number TS161
Dewey Decimal Classification 658.5
Summary This book examines the problem of managing the flow of materials into, through, and out of a system in order to improve the efficiency and effectiveness of materials management. The subject is crucial for global competitive advantage, as materials constitute the largest single cost factor in manufacturing and service, and their effective management enhances value for money. In this context, inventory is a barometer of materials management effectiveness, along with wastage of materials. The book adopts a comprehensive, integrated systems approach and covers almost all aspects of materials, considering the specification, procurement, storage, handling, issue, use and accounting of materials to get the most out of every dollar invested. Combining conceptual clarity and quantitative rigor, it will be a highly useful guide for practicing managers, academics and researchers in this vital functional area.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Online resource; title from PDF title page (SpringerLink, viewed September 10, 2014).
Series Springer texts in business and economics.
Available in Other Form Print version: 9788132219699
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Record Appears in Online Resources > Ebooks
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Chapter 1. Introduction to Integrated Systems Approach to Materials Management
Chapter 2. Basic Concepts in Inventory Management
Chapter 3. Selective Inventory Management
Chapter 4. Static Inventory Models
Single Purchase Decisions
Chapter 5. Dynamic Inventory Models: Aggregate Analysis
Chapter 6. Deterministic Inventory Models
Chapter 7. Dynamic Inventory Models with Quantity Discounts
Chapter 8. Probabilistic Inventory Models
Chapter 9. Just-In-Time, MRP and Lean Supply Chains
Chapter 10. Inventory Management of Slow Moving Materials
Chapter 11. Multi-Echelon Inventory Models
Chapter 12. Material Specification, Codification and Standardization
Chapter 13. Management of Material Waste
Chapter 14. Storage & Warehousing
Chapter 15. Purchasing: Policies and Processes
Chapter 16. Incoming Material's Quality Assurance
Chapter 17. Make or Buy Decisions: Outsourcing Strategy
Chapter 18. Source Selection, Performance Rating and Development
Chapter 19. Value Analysis for Material Cost Reduction
Chapter 20. Systems Approach and Supply Chain Management
Chapter 21. Evaluation of Materials Management Effectiveness.

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