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Full Description
Praise for INVENTORY RECORD ACCURACY
"This updated version of Inventory Record Accuracy preserves its humorous and easy-to-read style. Supply chain practitioners, in traditional or lean manufacturing, will find it a helpful guide. Cleverly outlined, the rigorous yet simple process for both on-hand and on-order inventory provides accuracy levels required for real-time data systems."
-Maria Teodorovic, Quality Systems Manager Weyerhaeuser Corporation
"Inventory Record Accuracy is truly a practitioner's guide. The book's collection of anecdotes provides real-life insight into the potential challenges of achieving IRA, and the combination of an easy-to-read text and simple drawings makes this book an easy road map to follow on the proven path to higher inventory record accuracy."
-John Dietz, Director, Manufacturing Resource Planning Lockheed Martin Space Systems
"Brooks and Wilson are the experts on inventory record accuracy. Inventory Record Accuracy goes right to the core of the issues without a lot of soft-soaping. Every materials manager, stockroom manager, and cycle counting supervisor should have a copy within arm's reach."
-Adrian R. Barrett, 6 Sigma Master Black Belt Caterpillar, Inc.
"Excellent coverage of a fundamentally important topic. By far, the best book on the subject I've ever read. The three-phase approach to inventory record accuracy should be required reading for all manufacturing managers."
-Edward W. Davis, Professor of Business AdministrationThe Darden School, University of Virginia
Contents
Acknowledgments xiii
Introduction xv
Chapter 1 The Company Bank 1
Chapter 2 Tolerances and Measures of Accuracy 9
Chapter 3 The Three-Phase Approach to Inventory Record Accuracy 29
Chapter 4 Phase I—Design and Preparation: Getting the System Right 35
Chapter 5 Phase I—Design and Preparation: The Physical Stockroom 61
Chapter 6 Phase II: Establishing Initial Balances 93
Chapter 7 Phase III: Cycle Counting 109
Chapter 8 Inventory Record Accuracy in a Lean Environment 143
Chapter 9 Accountability 163
Chapter 10 Looking Back and Looking Forward 171
Glossary 175
Index 179
