Introduction to materials management

✍ Scribed by Arnold, J. R. Tony; Chapman, Stephen N.; Clive, Lloyd M.; Gatewood, Ann K

• Publisher: Pearson; Prentice Hall
• Year: 2016;2017
• Tongue: English
• Leaves: 465
• Edition: Eighth edition
• Category: Library

✦ Synopsis

KEY BENEFITIntroduction to Materials Managementcovers all the essentials of modern supply chain management, manufacturing planning and control systems, purchasing, and physical distribution. Clearly written and exceptionally user-friendly, it's content, examples, questions, and problems lead students step-by-step to mastery. Widely adopted by colleges and universities worldwide, this is the only APICS-listed reference text for the Basics of Supply Chain Management (BSCM) CPIM certification examination.KEY TOPICSIntroduction to Materials Management; Production Planning System; Master Scheduling; Material Requirements Planning; Capacity Management; Production Activity Control; Purchasing; Forecasting and Demand Management; Inventory Fundamentals; Order Quantities; Independent Demand Ordering Systems; Physical Inventory and Warehouse Management; Physical Distribution; Products and Processes; Lean Production; Total Quality Management.MARKETFor all courses in Materials Management, Production, Inventory Control, and Logistics taught in business and industrial technology departments of community colleges, four-year colleges, and universities.

✦ Table of Contents

Cover......Page 1
Title Page......Page 4
Copyright Page......Page 5
Contents......Page 6
Preface......Page 10
Operating Environment......Page 14
The Supply Chain Concept......Page 17
What is Materials Management?......Page 22
Summary......Page 26
Questions......Page 27
Case Study 1.1: Priya’s Cakes......Page 28
Introduction......Page 31
Manufacturing Planning and Control System......Page 32
Sales and Operations Planning......Page 36
Manufacturing Resource Planning......Page 38
Making the Production Plan......Page 40
Summary......Page 49
Questions......Page 50
Problems......Page 51
Case Study 2.1: Meridian Water Pumps......Page 55
Case Study 2.2: Williams 3D Printers......Page 56
Introduction......Page 58
Relationship to Production Plan......Page 59
Developing a Master Production Schedule......Page 61
Production Planning, Master Scheduling, and Sales......Page 66
Questions......Page 72
Problems......Page 73
Case Study 3.1: Acme Water Pumps......Page 79
Case Study 3.2: The MasterChip Electronics Company......Page 80
Case Study 3.3: Macarry’s Bicycle Company......Page 82
Introduction......Page 85
Bills of Material......Page 87
Material Requirements Planning Process......Page 94
Using the Material Requirements Plan......Page 105
Questions......Page 109
Problems......Page 110
Case Study 4.1: Apix Polybob Company......Page 121
Case Study 4.2: Benzie Products Company......Page 123
Definition of Capacity......Page 125
Capacity Planning......Page 126
Capacity Requirements Planning......Page 127
Capacity Available......Page 129
Capacity Required (Load)......Page 132
Scheduling Orders......Page 135
Making the Plan......Page 136
Key Terms......Page 138
Questions......Page 139
Problems......Page 140
Case Study 5.1: Wescott Products......Page 143
Introduction......Page 146
Data Requirements......Page 149
Order Preparation......Page 150
Scheduling......Page 151
Load Leveling......Page 156
Scheduling Bottlenecks......Page 157
Theory of Constraints and Drum-Buffer-Rope......Page 159
Implementation......Page 162
Control......Page 163
Production Reporting......Page 168
Summary......Page 169
Questions......Page 170
Problems......Page 171
Case Study 6.1: Johnston Products......Page 175
Case Study 6.2: Crofts Printing Company......Page 177
Case Study 6.3: Melrose Products......Page 178
Introduction......Page 181
Establishing Specifications......Page 184
Functional Specification Description......Page 186
Selecting Suppliers......Page 188
Price Determination......Page 191
Impact of Material Requirements Planning on Purchasing......Page 193
Environmentally Responsible Purchasing......Page 195
Expansion of Purchasing into Supply Chain Management......Page 196
Some Organizational Implications of Supply Chain Management......Page 198
Questions......Page 199
Case Study 7.1: Let’s Party!......Page 200
Case Study 7.2: The Connery Company......Page 201
Demand Management......Page 203
Characteristics of Demand......Page 205
Principles of Forecasting......Page 207
Forecasting Techniques......Page 208
Some Important Intrinsic Techniques......Page 210
Seasonality......Page 213
Tracking the Forecast......Page 216
Questions......Page 223
Problems......Page 224
Case Study 8.1: Northcutt Bikes: The Forecasting Problem......Page 230
Case Study 8.2: Hatcher Gear Company......Page 232
Item Inventory Management......Page 234
Inventory and the Flow of Material......Page 235
Functions of Inventories......Page 236
Objectives of Inventory Management......Page 238
Inventory Costs......Page 240
Financial Statements and Inventory......Page 242
ABC Inventory Control......Page 247
Key Terms......Page 250
Questions......Page 251
Problems......Page 252
Case Study 9.1: Randy Smith, Inventory Control Manager......Page 255
Introduction......Page 258
Economic Order Quantity......Page 259
Variations of the EOQ Model......Page 263
Quantity Discounts......Page 264
Order Quantities for Families of Product When Costs are Not Known......Page 265
Period Order Quantity......Page 266
Questions......Page 269
Problems......Page 270
Order Point System......Page 274
Determining Safety Stock......Page 276
Determining Service Levels......Page 282
Determining When the Order Point Is Reached......Page 284
Periodic Review System......Page 286
Distribution Inventory......Page 288
Key Terms......Page 291
Questions......Page 292
Problems......Page 293
Case Study 11.1: Carl’s Computers......Page 299
Warehousing Management......Page 302
Inventory Record Accuracy......Page 308
Consignment Inventory and Vendor-Managed Inventory (VMI)......Page 314
Technology Applications......Page 315
Key Terms......Page 316
Problems......Page 317
Case Study 12.1: CostMart Warehouse......Page 321
Introduction......Page 324
Physical Distribution......Page 327
Physical Distribution Interfaces......Page 330
Transportation......Page 331
Legal Types of Carriage......Page 333
Transportation Cost Elements......Page 334
Warehousing......Page 339
Packaging......Page 344
Multi-Warehouse Systems......Page 346
Key Terms......Page 349
Questions......Page 350
Problems......Page 351
Case Study 13.1: ABC Footwear Limited......Page 352
Need for New Products......Page 354
Product Development Principles......Page 355
Product Specification and Design......Page 357
Process Design......Page 359
Factors Influencing Process Design......Page 360
Process Systems......Page 362
Process Costing......Page 364
Selecting the Process......Page 365
Continuous Process Improvement......Page 367
Summary......Page 377
Questions......Page 378
Problems......Page 380
Case Study 14.1: Rory Thomas, Production Manager......Page 383
Lean Production......Page 385
Waste......Page 387
The Lean Production Environment......Page 389
Manufacturing Planning and Control in a Lean Production Environment......Page 396
Comparing ERP, Kanban, and Theory of Constraints......Page 408
Summary......Page 410
Questions......Page 411
Problems......Page 412
Case Study 15.1: Murphy Manufacturing......Page 414
What Is Quality?......Page 417
Total Quality Management......Page 419
Quality Cost Concepts......Page 423
Variation as a Way of Life......Page 424
Process Capability......Page 426
Process Control......Page 430
Sample Inspection......Page 433
ISO 9000:2015......Page 435
ISO 26000:2010......Page 436
Benchmarking......Page 437
Six Sigma......Page 438
Quality Function Deployment......Page 439
The Relationship of Lean Production, TQM, and ERP......Page 441
Key Terms......Page 442
Questions......Page 443
Problems......Page 444
Case Study 16.1: Accent Oak Furniture Company......Page 445
Readings......Page 450
Index......Page 454

✦ Subjects

Business;Management;Textbooks