"Effective inventory management can increase revenue, reduce costs, and improve cash flows. Endorsed by Institute of Operations Management and CILT, Inventory Management shows managers how to take control of their inventory system and ensure operations run smoothly. Looking beyond the complexity and theory of inventory management, Geoff Relph and Catherine Milner focus on the most important decisions managers need to make when managing inventory. They examine how inventory management should work, how to control it, and how to balance it, through their use of revolutionary k-curve methodology. They include case studies from various industries, looking at inventory management in diverse areas such as supermarkets and aerospace. The book also includes numerous figures and diagrams as well as valuable online material"-- Provided by publisher.

Includes bibliographical references and index.