Description: Further DetailsTitle: Inventory OptimizationCondition: NewEAN: 9783110673913ISBN: 9783110673913Publisher: De GruyterFormat: PaperbackRelease Date: 08/24/2020Item Height: 240mmItem Length: 170mmItem Weight: 542gAuthor: Nicolas VandeputLanguage: EnglishSubtitle: Models and SimulationsISBN-10: 3110673916Description: In this book . . . Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. . . . Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple—yet powerful—framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter. Events around the book Link to a De Gruyter Online Event in which the author Nicolas Vandeput together with Stefan de Kok, supply chain innovator and CEO of Wahupa; Koen Cobbaert, Director in the S&O Industry practice of PwC Belgium; Bram Desmet, professor of operations & supply chain at the Vlerick Business School in Ghent; and Karl-Eric Devaux, Planning Consultant, Hatmill, discuss about models for inventory optimization.The event will be moderated by Eric Wilson, Director of Thought Leadership for Institute of Business Forecasting (IBF):https://youtu.be/565fDQMJEEg Country/Region of Manufacture: DEGenre: Business & FinanceRelease Year: 2020 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.
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Book Title: Inventory Optimization
Title: Inventory Optimization
EAN: 9783110673913
ISBN: 9783110673913
Release Date: 08/24/2020
Release Year: 2020
Item Height: 240mm
Subtitle: Models and Simulations
ISBN-10: 3110673916
Country/Region of Manufacture: DE
Genre: Business & Finance
Number of Pages: 318 Pages
Language: English
Publication Name: Inventory Optimization : Models and Simulations
Publisher: DE Gruyter Gmbh, Walter
Publication Year: 2020
Subject: Leadership, Total Quality Management, Industrial Management, Operations Research, Infrastructure
Item Weight: 19.1 Oz
Type: Textbook
Item Length: 9.4 in
Subject Area: Business & Economics
Author: Nicolas Vandeput
Item Width: 6.7 in
Format: Trade Paperback
