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Best Inventory Management Essentials for E-commerce | Boost Efficiency & Reduce Costs | Perfect for Amazon Sellers & Shopify Stores
Best Inventory Management Essentials for E-commerce | Boost Efficiency & Reduce Costs | Perfect for Amazon Sellers & Shopify Stores

Best Inventory Management Essentials for E-commerce | Boost Efficiency & Reduce Costs | Perfect for Amazon Sellers & Shopify Stores

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Description

The invaluable resource?is the answer book that practitioners and students rely on. It breaks down the job into easy concepts and concrete steps.The bar is set high for inventory control professionals—and well-ordered stock rooms and records are just the beginning. Beyond core tasks such as locating items, you’ve got to project future business needs, hold down costs, and fix supply chain problems. You need strategic and financial knowledge, and the skills to manage many moving parts.With examples, charts, review questions, formulas, and clear explanations, Essentials of Inventory Management will help you:Track inventory costsRead balance sheetsCalculate gross profitSet up a locator systemWeigh pros and cons of bar codes and RFIDFactor in replenishment costsDecide when to get rid of dead stockPinpoint system dysfunctionsMitigate risks in the supply chainMaintaining physical spaces and databases are only part of your responsibilities. From forecasting to troubleshooting to the fundamentals of finance, Essentials of Inventory Management gives you the tools to optimize efficiency—and drive profits.

Reviews

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- Verified Buyer
As said in the February review, the Kindle version has about 10 pages of content missing. Because the problem occurs near the beginning of the book, it gives the impression that it bodes ill for how well formatted the book is, but after finishing the book, I can safely say that that's the only missing chunk, and despite the defect, I'd still recommend the book to anyone who's just starting out on inventory management or has taken over an operation that needs improvements in efficiency and accuracy.The author is well versed in theories while highly experienced in practical application. The book provides succinct surveys of methods of inventory management and each's pros and cons, and also how pitfalls in areas of business management either directly or indirectly related to inventory management can lead to various persistent problems. It views inventory as an integral part of a business and aims to help the reader make the business better and stronger as a whole through improved inventory management.As the title indicates, this book is only about the "essentials," so the needs of very large (global in scale) or very complex (like Amazon) operations are not covered, but the conceptual basics should be universally applicable.Note: If you don't own a Kindle reader and intends to read the book on a computer, the diagrams would be too small for your eyes and impossible to read. But given that the diagrams are few and none too essential, it shouldn't amount to more than a nuisance.I had written to Amazon's customer service and the respondent said they're taking the Kindle version off the shelf until the publisher fixes it. So please write in again to badger them if you're buying the book a few months later than I and still find the same problem in the book.