Inventory Management and Purchasing

<div class=Section1><p class=MsoNormal style='text-align:justify'>This book is a practical guide toinventory management for wholesale distributors and stores that supply hardgoods.<span style='mso-spacerun:yes'> </span></p><p class=MsoNormal style='text-align:justify'>It deals with merchandiseclassification and selection forecasting safety stocks replenishmentpurchasing promotions forward buying stock adjustments and supply chaintopics.</p><p class=MsoNormal style='text-align:justify'>It includes many formulas andover 50 tables and charts that cover all areas of inventory management.<spanstyle='mso-spacerun:yes'> </span>Industry data and examples from the author'sauto parts distribution company and other automotive aftermarket firmsillustrate each topic.<span style='mso-spacerun:yes'> </span>Many of theformulas are from IBM JDA and other inventory management software packagesand are reprinted with their permission.<span style='mso-spacerun:yes'> </span>All of these techniques were used to manage inventories in the author'scompany for more than 20 years.</p><p class=MsoNormal style='text-align:justify'>The automotive aftermarket dealswith hundreds of thousands of different items and a very high service levelrequirement so these techniques should cover a wide range of hard goodsdistribution.</p><p class=MsoNormal style='text-align:justify'>The book also has many anecdotesand case histories to illustrate the key points.<spanstyle='mso-spacerun:yes'> </span>It offers a valuable blend of strong provenmathematical techniques and real life examples and experiences.</p></div>