Introduction to Inventory Management

Liao JinfuGuangdong Economic Publishing House2004

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Chapters
5
ISBN
9787806776827

Tags

Economics and Finance Management Business ManagementSupply ChainInventory ControlInventory ManagementProduction OperationPurchasing ManagementBasic MethodsPractical GuideBeginner Guide

Summary

Introduction to Inventory Management is a basic book on inventory management for business practice. Starting from actual business operations and based on the fundamentals of supply chain management, it systematically sets out the basic methods and means of inventory management and control. It covers core topics including setting inventory management objectives, purchasing process control, JIT purchasing, order-point techniques, inventory turnover analysis, safety stock, and zero-inventory techniques, and explains how inventory control is implemented in each link of production operations. The basic methods discussed—quantitative ordering, two-bin ordering, periodic ordering—and the reasoning for determining inventory levels and order quantities form a knowledge framework from understanding to operation. The author writes accessibly, balancing principle and practicality; the book offers ideas for manufacturing firms seeking to improve inventory management and can also be consulted by distribution firms to reduce inventory occupation and improve capital turnover. As an early introductory work, its cases and data reflect the industry context of its time; readers should read it alongside current supply chain tools and information systems.

Editor's review

库存积压往往是企业最“沉默”的成本：它不吵不闹，却悄悄吃掉现金流。本书正是从这一痛点切入，先讲清楚库存为什么会成为负担，再一步步给出可操作的控制方法。书中把定量订货、双堆订货、定期订货、MRP与JIT等方法并列比较，并给出选择与评价的思路，读者不必依赖复杂软件，也能在自己的业务里找到起步方案。关于库存服务水准、维持费用、缺货费用与安全库存的讨论，帮助读者理解“库存多少才合适”背后的权衡逻辑，而不是凭经验拍脑袋。全书语言平实、结构清晰，适合边读边对照本企业的库存台账做一些小测算。需要提醒的是，本书初版于2004年，部分案例与信息化手段已有年代感，建议与当下的ERP、WMS实践搭配阅读。

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Reading tips

  1. 先读第1—2章建立概念框架，再按自己企业的订货方式重点看对应章节。
  2. 读第3章时，用本企业的真实数据试算安全库存与缺货成本，加深理解。
  3. 可与ERP、WMS等系统操作手册配合阅读，把书中方法落到日常流程。
  4. 注意本书成书年代较早，涉及信息系统与案例的内容宜参考更新的资料。

About the publisher

Guangdong Economic Publishing House China · Founded in 1995

Founded in 1995, Guangdong Economic Publishing House publishes in fields including economic management, investment and personal finance, finance and securities, applied psychology, popular science, and documentary literature. Its catalog ranges from investment classics such as Philip A. Fisher's "Paths to Wealth Through Common Stocks" to Michael J. Mauboussin's "More Than You Know," which blends finance, psychology, and management. In psychology and documentary writing, it offers works such as Stephanie Foo's "What My Bones Know," Lu Xiaoya's "Being a Mother to My Mother," and "When My Mother Got Alzheimer's." The list combines translations and original works, with authors from China and abroad in finance and psychology. Given limited public information, this profile reflects only the titles held in our catalog.

Contents

  1. Chapter 1 Understanding Inventory and Inventory Management: What Is Inventory / What Is Inventory Management / Types of Inventory Management
  2. Chapter 2 Basic Methods of Inventory Management: Quantitative Ordering / Two-Bin Ordering / Periodic Ordering / Non-Forced Replenishment / MRP and JIT Inventory Management / Selection, Improvement, and Evaluation of Methods
  3. Chapter 3 Determining Inventory Levels: Inventory Service Level / Holding Costs / Shortage Costs / Safety Stock
  4. Chapter 4 Determining Order Quantities
  5. Chapter 5 Inventory Valuation and Records

FAQ

这本书适合完全没有库存管理基础的人读吗？ 适合。本书定位为入门读物，从“什么是库存”“什么是库存管理”讲起，逐步过渡到订货方法与库存水平确定，语言通俗、结构清晰，零基础读者按章节顺序阅读即可建立基本框架。
书中的方法在今天还适用吗？ 定量订货、定期订货、安全库存、JIT等基本原理至今仍是库存管理的基础。但本书出版于2004年，涉及信息化系统、案例数据的内容已显陈旧，建议结合当下的ERP、WMS工具与新的供应链资料一并理解。
这本书和高校物流专业教材有什么区别？ 本书更偏向企业实务，围绕采购与生产运作中的库存控制展开，重在方法和操作思路；高校教材则常包含需求预测模型、多级库存优化等较多数学推导。两者可以互补阅读。
读完能直接用来管理仓库吗？ 书中给出的是方法框架与判断逻辑，可直接用于订货方式选择、安全库存测算和周转率分析。但具体落地还需结合本企业的物料特性、供应周期与信息系统，建议边读边做小范围试算。

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About the author

Liao Jinfu Author

Liao Jinfu is an author about whom limited public information is available; only one work by this name is currently known, namely An Introduction to Inventory Management. Judging from the title and its common classification, the book is intended for introductory readers in the fields of economics, personal finance, and management, and covers the basic concepts, methods, and practices of inventory management, making it a practical business-oriented title. The “introductory” positioning suggests a clear, step-by-step style that helps readers without a professional background understand the relationship between inventory and business operations. Since no reliable records of birth and death dates, nationality, or career history are available, this profile makes no speculation about the author's life and focuses only on the direction of the existing work: serving learning and reference in management practice.