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Inventory Optimization and Multi-Echelon Planning Software, by Shaun Snapp
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How This Book is Unique This books explains the emerging technology of inventory optimization and multi-echelon (MEIO) supply planning. It takes a complex subject and effectively communicates what MEIO is about in plain English terms. This is the only book currently available that describes MEIO for practitioners, rather for mathematicians or academics. The book describes with text and graphics how inventory optimization allows the entire supply plan to be controlled with service levels, and how multi echelon technology answers the question of where to locate inventory in the supply network. This is the only book on inventory optimization and multi echelon planning which compares how different best of breed vendors apply MEIO technology to their products. It also explains why this technology is so important for supply planning and why companies should be actively investigating this method. The book moves smoothly between concepts to screen shots and descriptions of how the screens are configured and used. This provides the reader with some of the most intriguing areas of functionality within a variety of applications.
- Sales Rank: #1726351 in Books
- Brand: Brand: SCM Focus
- Published on: 2012-08-02
- Original language: English
- Number of items: 1
- Dimensions: 9.25" h x .39" w x 7.52" l, .72 pounds
- Binding: Paperback
- 184 pages
- Used Book in Good Condition
From the Author
Who is this Book For?� MEIO is beneficial to understand because it is one of the major methods used in supply planning. It is the most appropriate method of supply planning if the goal of the company is to minimize the supply network inventory while maximizing the company's service level. As will be covered, MEIO offers a unique blend of advantages with respect to implementation and maintenance.
Table of Contents
- Chapter�1:�Introduction
- Chapter�2:�Where Inventory Optimization and Multi-Echelon Planning
- Fit within the Supply Chain Planning Footprint
- Chapter�3:�Inventory Optimization Explained
- Chapter�4:�Multi-Echelon Planning Explained
- Chapter�5:�How Inventory Optimization and Multi-Echelon Work
- Together to Optimize the Supply Plan
- Chapter�6:�MEIO Versus Cost Optimization
- Chapter�7:�MEIO and Simulation
- Chapter�8:�MEIO and Service Level Agreements
- Chapter�9:�How MEIO is Different from APS and MRP/DRP
- Chapter�10:�Conclusion
- References
- Vendor Acknowledgements and Profiles
- Author Profile
- Abbreviations
- Links in the Book
- Appendix A: MEIO Visibility and Analytics
- Appendix B: The History of Development of MEIO Versus MRP/DRP
From the Inside Flap
What You Can Expect from the Book
- Detailed explanations of the twin technologies of inventory optimization and multi echelon planning.
- The importance of having optimization customized for a supply chain domain.
- The concept of effective lead time and why it is so important to understanding multi echelon planning.
- How inventory optimization compares to cost optimization.
- How MEIO's assumptions are different from all other supply planning method and what this means for its capabilities.
- MEIO and simulation.
- How MEIO processes the supply network.
- How MEIO can be used to strongly tie sales to operations in the estimation of pricing for new business.
- The pros and cons of setting service level at different areas in the application.
From the Back Cover
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Most helpful customer reviews
0 of 0 people found the following review helpful.
Extermely Useful Guide to Inventory Optimization for Practitioners
By Timothy R. Andreae
Shaun Snapp's "Inventory Optimization and Multi-Echelon Planning Software" is an extremely useful book for supply chain executives who want to understand the value that inventory optimization software can bring to their company. While there are a number of academically-oriented books that explain the theory behind inventory optimization, this is the first that provides a practical guide to understanding its value from a business perspective, along with a guide to role a software package plays in delivering the appropriate functionality. Shaun speaks with experience based on extensive work implementing solutions as well as developing a deep understanding of the varied vendor offerings. I highly recommend it as a first step for anyone considering deployment of an inventory optimization project.
0 of 0 people found the following review helpful.
Fantastic! Clear, Precise, more than just theory for both software engineers and recruiters
By Amazon Customer
I love the screenshots and real-life project examples Shaun utilizes in these series. I am both an auditory and visual person. Just giving me theory without examples and visuals of that theory in works, does not clarify things as quickly or easily.
Because I trained recruiters on sourcing these technical software engineers for our global clients, it's great to see a book guide series that let me know I do have a good understanding while it deepened that understanding further. I would recommend this entire series for both the software engineers and recruiters who help them in sourcing and finding them the right contracts/jobs.
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