service while lowering stocks and increasing thespeed of material flow through their supply chains. This completelyupdated new edition reviews current thinking on inventorymanagement. It emphasises the growth of e-commerce, and the trendaway from classical models based on economic order quantities andtowards dependent demand systems. The author sets inventory management in its broader context,discussing the important trends and pressures for change. The mainapproaches are discussed and evaluated, giving the reader a broadappreciation of the principles involved. Some quantitative ideasare developed in the text, but the author has kept the mathematicsto a minimum, focusing on practical examples and calculations onspreadsheets. Assuming no prior knowledge of the subject area, this book providesstudents of management, operations management, management scienceand production - as well as practitioners- with an indispensableguide to inventory control. Supplementary material for lecturers adopting Inventory Control andManagement is available.

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