INVENTORY MANAGEMENT AND PURCHASING: TALES AND TECHNIQUES FROM THE AUTOMOTIVE AFTERMARKET - Softcover

KORNAFEL, PETE

Softcover

ISBN 10: 1414059094 ISBN 13: 9781414059099

Publisher: AuthorHouse, 2004

Synopsis

This book is a practical guide toinventory management for wholesale distributors and stores that supply "hardgoods".¿ It deals with merchandiseclassification and selection, forecasting, safety stocks, replenishmentpurchasing, promotions, forward buying, stock adjustments, and supply chaintopics.It includes many formulas andover 50 tables and charts that cover all areas of inventory management.¿ Industry data and examples from the author'sauto parts distribution company and other automotive aftermarket firmsillustrate each topic.¿¿ Many of theformulas are from IBM, JDA, and other inventory management software packages,and are reprinted with their permission.¿All of these techniques were used to manage inventories in the author'scompany for more than 20 years.The automotive aftermarket dealswith hundreds of thousands of different items and a very high service levelrequirement, so these techniques should cover a wide range of hard goodsdistribution.The book also has many anecdotesand case histories to illustrate the key points.¿ It offers a valuable blend of strong, provenmathematical techniques and real life examples and experiences.

About this title

About the Author:

Pete Kornafel and his wife Lorraineowned Hatch Grinding Company.¿ Hatch hadtwo distribution centers supplying a full range of auto parts to 100+ CARQUESTAuto Parts Stores, 8 company stores, and 200+ employees.¿ Both served as Chairman of theAutomotive Warehouse Distributors Association.¿He received AWDA's Leader of the Year Award.Hatch was Small Business of theYear in Denver in 1984, and he wasSmall Business Person of the Year in Coloradoin 1985.¿ He has a BS in MechanicalEngineering (MIT) and an MBA (Harvard Business School).¿ With others, he instructs AWDA's Inventory Management Workshop, and has worked with200+ automotive companies.¿ He was President of CARQUESTCorporation, and one of two founding partners of E3 Associates.¿

About this edition

• Publisher: AuthorHouse
• Publication date: 2004
• ISBN 10: 1414059094
• ISBN 13: 9781414059099
• Binding: Paperback
• Number of pages: 272