1st Edition

Inventory Planning with Forecasting Expenditure

By Sanjay Sharma Copyright 2022
220 Pages 15 B/W Illustrations
by CRC Press

220 Pages 15 B/W Illustrations
by CRC Press

220 Pages 15 B/W Illustrations
by CRC Press

In industrial or business cases, purchasing and procurement are significant functions. Usually, a procurement plan is prepared based on certain predictions of consumption patterns or demand. When this plan is implemented, the benefit is obtained corresponding to forecast accuracy. In the available literature, forecasting accuracy is frequently discussed. A need is established to link forecasting... Read more

1. Introduction

2. Procurement

3. Production

4. Applications

5. Highlights

Biography

Sanjay Sharma is Professor at National Institute of Industrial Engineering (NITIE), Mumbai, India. He is operations and supply chain management educator and researcher. He has more than the three decades experience including industrial, managerial, teaching/training, consultancy and research; also many awards/honours to his credit. He has published eight books and papers in various journals such as European Journal of Operational Research, International Journal of Production Economics, Computers & Operations Research, International Journal of Advanced Manufacturing Technology, Journal of the Operational Research Society, and Computers and Industrial Engineering. He is also on the editorial board of few journals including the International Journal of Logistics Management.