Focus Forecasting & Drp: Logistics Tools of the Twenty-First Century.

Bernard T. Smith

ISBN 10: 1882407067 / ISBN 13: 9781882407064

Published by Monochrome Pr, 1994

About this Item

May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less.

Seller Inventory # G1882407067I4N00

Bibliographic Details

• Title: Focus Forecasting & Drp: Logistics Tools of the Twenty-First Century.
• Publisher: Monochrome Pr
• Publication Date: 1994
• Language: English
• ISBN 10: 1882407067
• ISBN 13: 9781882407064
• Binding: Hardcover
• Condition: Very Good
• Dust Jacket Condition: No Jacket
• Weight: 1.25 pounds

About this title

Synopsis

What's in this book is based on bernie smith's visits to over 200 companies in different parts of the world in the past five years. Here's inventory management. Here's what works and what is just smoke. It will prove of value to you and your company. (from front dj flap)

From the Inside Flap

Focus Forecasting and DRP looks at the objectives of Inventory Management and the issues of logistics in running an efficient, profitable, high quality operation. In the first half of the book concepts and background of Focus Forecasting(r) are explained and strategies for applying an appropriate formulas for your forecasted products are provided. Bernie Smith emphasizes the roles of the management team in establishing the aggregate forecasting. He discusses the reasons for differences between item forecasts and the company plan, presents alternatives to global forecasts such as distribution center forecasts or customer forecasts and he stresses the issues of accuracy and measuring the forecast.

Two chapters are devoted to the importance of creating sound demand histories and special forecast considerations such as promotion items, cyclical promotions, lumpy demand items, discontinued items and dependent demand items. He looks at every aspect of forecasting to develop the best strategy for each company.

The third section of Focus Forecasting and DRP breaks down the intricacies of Distribution Resource Planning (DRP). It looks at what DRP is, the history of DRP and all the definitions involved in this planning method. This section provides operating procedures for manufacturers, wholesalers and retailers addressing their unique DRP needs. Creating the DRP data base is laid out in detail and how to deal with special considerations such as multiplant, multiwarehouse, allocations, joint replenishment and identifying and redistributing excess are explained. Finally, a pilot action plan is presented along with seven case studies of successful Focus Forecasting(r) and DRP users.