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 .................................................................................................