Introduction to the Second Edition
When I wrote the first edition of Essentials of Inventory Management my objective was to present, in accessible language supported by copious illustrations and examples, timeless inventory management concepts and techniques. My purpose was to give the reader a fundamental understanding of inventory as it exists in the physical world (shelf count), and as an intangible item (record count) existing in a computer database and/or on paper.
The basic principles covered in that edition are as relevant today, even with the explosion of Internet-based e-commerce solutions to many inventory and materials management issues, as when they were first written.
I am pleased to note that the book was successful. It has been ...