Digital Repository @ Iowa State University Graduate Theses and Dissertations Graduate College 2008 Inventory management in a manufacturing/ remanufacturing hybrid system with condition monitoring Bhavana Padakala Iowa State University Follow this and additional works at: http://lib.dr.iastate.edu/etd Part of the Industrial Engineering Commons Recommended Citation Padakala‚ Bhavana‚ "Inventory management in a manufacturing/remanufacturing hybrid system with condition monitoring" (2008). Graduate Theses
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technology‚ services and products (Jens et al.‚ 2003). Controlling inventory is known to be one of the toughest problems for companies. With 39 million active customer accounts and a vision such as being “Earth’s biggest selection of product”‚ Amazon has been putting a lot of effort to be as efficient as possible in their inventory management. The purpose of this report is to understand the evolution of the inventory management of Amazon and how it has affected the company’s growth. This case study
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Inventory Management System By Joann Jones Course CIS/210 Professor Jesse Witherspoon January 18‚ 2013 The materials needed to help my sister manage her inventory would first to get a retail software package. With a good retail software package it gives you up to the minute reports on what she will have in stock‚ on order and what is in transit. With the new system it will eliminate the need to guess if she has enough of a popular item or not enough of a particular item. This system will
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THE IMPORTANCE OF INVENTORY MANAGEMENT FOR SUCCESSFUL OPERATIONS EDDIE D. DIAZ LEON October 14 Abstract: Inventories are tangible goods that are kept for sales within the ordinary course of the business or to be consumed in the productions of goods or services for a later commercialization. Inventories comprehend‚ in addition to the raw materials‚ products being processed‚ and finish products (end item)‚ merchandize for sale‚ materials‚ spare parts‚ accessories to be used during production
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Resources are scarce; profit making organization should know how to utilize these resources effectively and efficiently. The inventory control section of a company is responsible for these activities‚ in order to continue the operation of the organization through out the year they have to use the rules and principles to handle different kinds of materials. Since it improves inventory handling activities with in the organization‚ it will help to avoid utilization of resources for un authorized purpose and
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Principles of Inventory Management MBA/550 September 02‚ 2006 Introduction The purpose for this paper is to identify two principles of inventory management. An explanation on how inventory management affects a businesses cash conversion cycle and cost of goods will be covered. Next‚ supply chain components as they relate to the week four simulations will be discussed. Lastly‚ an explanation of the bottleneck theory will be given along with two solutions on how to resolve the bottleneck
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The purpose of this report is to gain an insight on the management accounting practices of the company. For the purpose of this report‚ Morrison is being selected. This report will analyse the company’s products‚ its competitors and the management accounting practices that the company is practising. The report will further include the suggestions and recommendations for Walt Mart about the management accounting practices of the company. Overview of Morrison Morrison founded by William Morrison
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Assignment 1: Discussion—Competitiveness and Inventory Management To be competitive‚ many fast-food chains expanded their menus to include a wider range of foods. Although contributing to competitiveness‚ this has added to the complexity of operations‚ including inventory management. In what ways did the expansion of menu offerings create a problem for inventory management? One form of inventory is safety stock‚ which is primarily carried by companies to ensure a variety of products is available
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A CA SE ST UDY Master Project in International Logistics and Supply Chain Management Authors: Lining Bai Ying Zhong Tutor: Jönköping Jens Hultman 2008-01 Master Thesis in International Logistics and Supply Chain Management Title: Authors: Tutor: Date: Subject terms: Improving Inventory Management in Small Business: A Case Study Lining Bai and Ying Zhong Jens Hultman 2008-01 Supply Chain Management‚ Inventory Management‚ Purchasing‚ IT‚ Small Business. Abstract Introduction: The growth of small
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ROLE OF THE PURCHASING AGENT IN INVENTORY MANAGEMENT ABSTRACT Inventory ties up the largest amount of cash in companies‚ and inventory management decisions directly influence the purchasing function. As these activities fall under the supply chain management umbrella‚ managers cannot act independently pursuing an objective that is going to satisfy one department. Instead‚ managers foster teamwork and cooperation not only within their own company‚ but also between their company and the company’s
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