Understanding the Demand Driver ...........................................................................................
Defining Inventory Replenishment Management.....................................................................
Components of Inventory Management....................................................................................
Replenishment Review Interval .................................................................................................
Continuous Versus Periodic Review..........................................................................................
Inventory Replenishment Principles..........................................................................................
Replenishment Ordering Techniques........................................................................................
Visual Review Technique ...........................................................................................................
Two Bin System Technique ........................................................................................................
Periodic Review System Technique...........................................................................................
Order Point Technique ...............................................................................................................
Calculating the Safety Stock ......................................................................................................
Determining the Order Quantity ................................................................................................
Order and Inventory Carrying Cost Components......................................................................
Determining the Economic Order Quantity...............................................................................
Replenishment Planning Process ..............................................................................................
Review, Terms, Discussion Questions, Exercises.....................................................................
Terms Check ...............................................................................................................................
Performance Check ....................................................................................................................
Discussion Questions .................................................................................................................
Case Study ..................................................................................................................................
Suggested Additional Readings .................................................................................................