ch. 1 Inventory as Both a Tangible and an Intangible Object -- Inventory -- Who Needs It? -- Inventory Costs -- The Purpose of Inventory -- Types of Stock -- Tracking the Paper Life -- Electronic Data Interchange -- Recap -- Review Questions -- ch. 2 Inventory as Money -- Accounting for Inventories -- How Inventory Is Valued -- Inventory on the Balance Sheet -- Inventory on the Income Statement -- Ratio Analyses and What They Mean -- Current Ratio -- Quick Ratio or Acid Test -- Inventory Turnover Ratio -- Profit Margins -- Calculating Gross Profit -- Merchandising Metrics -- Pricing Generally -- Selling Price -- Obsolete Stock -- Why You Have Been Told Not to Dispose of Obsolete Stock -- Problems with Convincing Decision Makers That "It's Gotta Go" -- Arguments in Favor of Disposing of Dead Stock -- Methods of Disposal -- Carrying Cost and Purchasing -- Recap -- Review Questions -- ch. 3 Physical Location and Control of Inventory --

Common Locator Systems -- Memory Systems -- Fixed Location Systems -- Zoning Systems -- Random Locator Systems -- Combination Systems -- Common Item-Placement Theories -- Inventory Stratification -- Family Grouping -- Special Considerations -- Location Addresses and SKU Identifiers -- Significance -- Keys to Effectively Tying Together SKUs and Location Addresses -- Inventory Distribution Considerations -- Core Concepts in Distribution Network Planning -- Transportation Network Design Options -- Methods for Locating the Location -- Recap -- Review Questions -- ch. 4 Automatic Identification -- The Basics of Bar Coding -- Elements of a Bar Code Symbol -- Structure of a Generic Bar Code Symbol -- Quiet Zone -- Start and Stop Characters -- Data Characters -- "X" Dimension -- Symbologies: Bar Coding Structural Rules -- Discrete and Continuous Symbologies -- Symbology Summary -- Popular Symbologies Found in the Inventory World -- Scanning Basics --

Printing Basics -- Bar Code Applications -- The Basics of Radio-Frequency Identification -- Bar Code versus RFID -- RFID Item Identification -- The Advantages of RFID -- The Problems Associated with RFID -- Lack of RFID Standards -- Money, Money, Money -- System Disruption Vulnerability -- RFID Reader Collision -- RFID Tag Collision -- Security, Privacy, and Ethics Problems with RFID -- 2D Symbologies -- Recap -- Review Questions -- ch. 5 Planning and Replenishment Concepts -- Replenishment Costs -- Types of Inventory Management -- Independent Demand Inventory -- Economic Order Quantity Formula -- Dependent Demand Inventory -- Inventory Objectives -- Enterprise Resource Planning -- Recap -- Review Questions -- ch. 6 Why Inventory Systems Fail and How to Fix Them -- Inventory System Failure: A Case Example -- Discussion of Example Case -- Metrics -- Inventory Record Accuracy -- Fill Rates -- Tools with Which to Uncover System Dysfunctions -- Run Charts --

Flow Charts -- Logic Charts -- Variance Reports -- Cycle Counting -- Annual Inventories -- Cycle Counting -- Cycle Count Methodologies -- Control Group Cycle Counting Method -- Location Audit Cycle Counting Method -- Random Selection Cycle Counting Method -- I Diminishing Population Cycle Counting Method -- Product Categories Cycle Counting Method -- A-B-C Analysis Cycle Counting Method -- When to Count -- Who Should Count -- Recap -- Review Questions -- ch. 7 Core Purchasing Inventory Considerations -- Buyers and Sellers as Lawyers -- Scenario One -- Scenario Two -- Scenario Three -- Uniform Commercial Code (UCC) -- A Code -- Organizational Structure -- Introduction to UCC Article -- (Sale of Goods) -- Merchants -- Contract Formation -- Formation Process -- Elements -- Missing Terms/UCC Gap Fillers -- Statute of Frauds & When a Written Contract or Confirmation Is Necessary -- Battle of the Forms -- Warranties -- Warranties and the UCC --

Contract Modification -- Adjustments to a Contract -- Contract Performance -- Buyer's Right of inspection -- Rejection of Goods -- Seller's Right to Cure -- Seller's Right to Reclaim Goods -- Excuse -- Substitute Delivery -- Contract Breach -- Anticipatory Repudiation -- Remedies for Breach of Contract -- Seller's Remedies -- Buyer's Remedies -- Recap -- Review Questions -- ch. 8 Basics of Supply Chain Risk Management -- SCM in a Perfect World -- Primary Risks in SCM -- Globalization and Supply Chain Complexity -- Conflicting Interests -- System Fluctuations Over Time -- Evolving Relationships -- Product Complexity -- Inadequacy of Insurance -- Suppliers -- The Bullwhip Effect -- Disruption in Communications -- Inadequate Software -- Suggested Solutions to SCM Problems -- Analysis of Risks -- Supplier Assessment -- Lessen the Bullwhip Effect Through Coordination Within the Supply Chain -- Contracts That Do and Don't Coordinate the Supply Chain --

Inventory Levels -- Recap -- Review Questions -- ch. 9 Handling Inventory Safely -- Occupational Safety and Health Act -- General Duty Clause -- Injury and Death Reporting -- What Must Be Reported and When -- Exceptions to Reporting -- Reporting Methods -- Information to Provide -- Powered Industrial Trucks -- Powered Industrial Truck Definition -- Basic Requirements of PIT Safety -- Training Program Content -- Refresher Training and Evaluation -- Avoidance of Duplicative Training -- Certification -- Vehicle Capacity and Stability -- Other Mandated Safe PIT Operating Practices -- Ergonomic Issues -- Discovering Ergonomic Hazards -- Conducting a J HA -- Selecting Jobs to Be Analyzed -- Prioritizing -- Analyzing -- MSD Risk Factor -- Force -- MSD Risk Factor -- Repetition -- MSD Risk Factor -- Awkward and Static Postures -- MSD Risk Factor -- Contact Stress -- Recommended Work Practices -- Best and Preferred Work Zones -- Lifting Safety --

Recommendations When Holding, Lifting, or Carrying Items -- Recommended Working Postures -- Power Grips, Power Lifts, and Pinch Grasps -- Recap -- Review Questions.