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"This is a straight-talking, no frills guide to real-life inventory management. It has the most thorough introduction available. It features: no abstract theories; just ready-to-use information for new or recently promoted inventory pros; simple, effective formulas and calculations applicable to both finished-goods and manufacturing inventories; and complete troubleshooting strategies. It covers entire breadth of inventory management responsibilities: warehouse layout and physical control, forecasting and replenishment, legal obligations and theft prevention, crisis management, and more."

"Inventory management is about more than counting what you've got. It's about understanding business realities and making decisions that balance current demand with future needs while keeping overhead and operating costs to a minimum. Now in its Second Edition, "Essentials of Inventory Management" gives inventory professionals the information they need to maximize productivity in key areas, from physical stock issues to problem identification and resolution to technologies like RFID and other automated inventory mechanisms. Perfect for novice and veteran managers alike, this ultra-practical book covers topics such as: forecasting and replenishment strategies; differences between retail and manufacturing inventories; materials requirements planning and just-in-time inventory systems; simple formulas for calculating quantities and schedules; management of inventory as a physical reality and a monetary value; and, supply chain risk management. Complete with detailed examples, handy tools, and a revised and expanded chapter analyzing 'Why Inventory Systems Fail and How to Fix Them', this nontechnical yet thorough guide is perfect for both instructional and on-the-job use.;;"

"Pemborosan inventory disebabkan karena tidak adanya koordinasi dalam sistem Supply Chain Management. Koordinasi antara vendor dan buyer dapat mengurangi biaya inventory dalam sistem. Dengan metode joint economic lot size akan ditentukan lot produksi dan lot order yang optimal bagi vendor dan buyer. Dalam penelitian ini juga diusulkan penerapan metode quantity discount. Dari penelitian ini diperoleh nilai lot produksi dan lot order optimal serta nilai quantity discount. Selain itu, diperoleh juga perbandingan besarnya biaya inventory model independen dengan model koordinasi. Pengaruh perubahan parameter terhadap perilaku model diteliti dengan sensitivity analysis terhadap beberapa parameter kunci.

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The problem of inventory loose is caused by non co¬ordination in the Supply Chain Management. Co¬ordination between vendor and buyer could minimize inventory cost in the system. Joint economic lot size method will determined the optimal lot production and lot order for vendor and buyer. This research also propose the quantity discount method. From this research, the joint economic lot size production and order and the value of the quantity discount are obtained. Also, the differences of inventory cost between independent model and co¬ordination model are obtained. Finally, A sensitivity analysis is performed to explore the effect of key parameters. "

"PT ABC merupakan distributor suku cadang alat berat produk Komatsu, salah satunya adalah komoditas GET (Ground engaging tools). Dalam penerapan pengelolaan Inventory serta supply chain management salah satu hal yang sangat penting yaitu forecasting, dimana dalam hal ini di PT ABC melakukan forecasting untuk suku cadang yang sangat dibutuhkan ketersediaannya dalam pemeliharaan alat berat dan dukungan layanan purna jual. Inventory merupakan suatu working capital yg cukup vital bagi PT ABC, sehingga diperlukan peningkatan efektifitas forecasting atau peramalan suku cadang yg sangat baik untuk mencapai inventory yang sehat dengan output ketersediaan suku cadang yang tinggi. Metode yang digunakan pada forecasting komoditas GET, yaitu metode Trend analysis dengan nilai safety stock dan lead time fix adjustment, dan Moving Average dengan menggunakan data aktual lead time serta safety stock dengan pertimbangan data historis fluktuasi demand. Analisis efektifitias forecasting dilakukan dengan melihat hasil dari akurasi, kontribusi, serta nilai error forecasting terhadap aktual demand yang terjadi, Berdasarkan hasil analisis menunjukkan bahwa metode forcasting moving average memiliki nilai error forecasting quantity lebih kecil, yaitu 35% dibandingkan metode trend analysis yang menghasilkan error forecasting quantity 98%.

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PT ABC as Distributor of Heavy equipment parts of Komatsu Product, such as GET (Ground engaging tools). In inventory controlling and supply chain managing, one of important thing is forecasting, while in this situation at PT ABC forecasting parts that is very use for Heavy equipment maintenance and also for supporting after sales services. Inventory is a vital working capital for PT ABC, it’s necessary to increase forecasting effectiveness to achieve health inventory with high Parts availability output. Forecasting method that use in GET commodity, are Trend analysis with safety stock and lead time number is fix adjustment, and moving average with lead time number is actual historical data and safety stock number considering fluctuating demand, this analysis carried out by analyze the result of accuracy, contribution, and also error number of forecasting quantity to the actual demand that occurs. Based on the results of the analysis, it shows that the forecasting moving average method has a smaller forecasting quantity error value, which is 35% compared to the trend analysis method which produces a forecasting quantity error of 98%."