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| Preface to the Second Edition | |
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| Inventory as Both a Tangible and an Intangible Object | |
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| Inventory-Who Needs It? | |
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| Inventory Costs | |
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| The Purpose of Inventory | |
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| Types of Stock | |
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| Tracking the Paper Life | |
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| Electronic Data Interchange | |
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| Recap | |
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| Review Questions | |
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| Inventory as Money | |
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| Accounting for Inventories | |
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| How Inventory Is Valued | |
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| Inventory on the Balance Sheet | |
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| Inventory on the Income Statement | |
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| Ratio Analyses and What They Mean | |
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| Current Ratio | |
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| Quick Ratio or Acid Test | |
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| Inventory Turnover Ratio | |
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| Profit Margins | |
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| Calculating Gross Profit | |
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| Merchandising Metrics | |
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| Pricing Generally | |
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| Selling Price | |
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| Obsolete Stock | |
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| Why You Have Been Told Not to Dispose of Obsolete Stock | |
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| Problems with Convincing Decision Makers That "It's Gotta Go" | |
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| Arguments in Favor of Disposing of Dead Stock | |
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| Methods of Disposal | |
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| Carrying Cost and Purchasing | |
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| Recap | |
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| Review Questions | |
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| Physical Location and Control of Inventory | |
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| Common Locator Systems | |
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| Memory Systems | |
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| Fixed Location Systems | |
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| Zoning Systems | |
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| Random Locator Systems | |
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| Combination Systems | |
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| Common Item Placement Theories | |
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| Inventory Stratification | |
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| Family Grouping | |
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| Special Considerations | |
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| Location Addresses and SKU Identifiers | |
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| Significance | |
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| Keys to Effectively Tying Together SKUs and Location Addresses | |
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| Recap | |
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| Review Questions | |
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| Automatic Identification | |
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| The Basics of Bar Coding | |
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| Elements of a Bar Code Symbol | |
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| Structure of a Generic Bar Code Symbol | |
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| Quiet Zone | |
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| Start and Stop Characters | |
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| Data Characters | |
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| "X" Dimension | |
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| Symbologies: Bar Coding Structural Rules | |
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| Discrete and Continuous Symbologies | |
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| Symbology Summary | |
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| Popular Symbologies Found in the Inventory World | |
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| Scanning Basics | |
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| Printing Basics | |
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| Bar Code Applications | |
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| The Basics of Radio-Frequency Identification | |
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| RFID Tag Types and Classes | |
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| Bar Code versus RFID | |
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| RFID Item Identification | |
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| The Advantages of RFID | |
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| The Problems Associated with RFID | |
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| Lack of RFID Standards | |
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| Money, Money, Money | |
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| System Disruption Vulnerability | |
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| RFID Reader Collision | |
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| RFID Tag Collision | |
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| Security, Privacy, and Ethics Problems with RFID | |
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| Recap | |
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| Review Questions | |
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| Planning and Replenishment Concepts | |
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| Replenishment Costs | |
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| Types of Inventory Management | |
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| Independent Demand Inventory | |
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| Economic Order Quantity Formula | |
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| Dependent Demand Inventory | |
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| Inventory Objectives | |
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| Enterprise Resource Planning | |
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| Recap | |
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| Review Questions | |
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| Why Inventory Systems Fail and How to Fix Them | |
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| Inventory System Failure: A Case Example | |
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| Discussion of Example Case | |
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| Metrics | |
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| Inventory Record Accuracy | |
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| Fill Rates | |
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| Tools with Which to Uncover System Dysfunctions | |
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| Run Charts | |
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| Flow Charts | |
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| Logic Charts | |
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| Variance Reports | |
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| Cycle Counting | |
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| Annual Inventories | |
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| Cycle Counting | |
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| Cycle Count Methodologies | |
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| Control Group Cycle Counting Method | |
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| Location Audit Cycle Counting Method | |
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| Random Selection Cycle Counting Method | |
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| Diminishing Population Cycle Counting Method | |
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| Product Categories Cycle Counting Method | |
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| A-B-C Analysis Cycle Counting Method | |
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| When to Count | |
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| Who Should Count | |
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| Recap | |
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| Review Questions | |
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| Basics of Supply Chain Risk Management | |
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| SCM in a Perfect World | |
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| Primary Risks in SCM | |
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| Globalization and Supply Chain Complexity | |
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| Conflicting Interests | |
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| System Fluctuations over Time | |
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| Evolving Relationships | |
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| Product Complexity | |
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| Inadequacy of Insurance | |
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| Suppliers | |
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| The Bullwhip Effect | |
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| Disruption in Communications | |
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| Inadequate Software | |
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| Suggested Solutions to SCM Problems | |
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| Analysis of Risks | |
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| Supplier Assessment | |
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| Lessen the Bullwhip Effect Through Coordination Within the Supply Chain | |
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| Contracts That Do and Don't Coordinate the Supply Chain | |
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| Inventory Levels | |
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| Recap | |
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| Review Questions | |
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| Bibliography | |
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| Index | |