Essentials of Inventory Management book cover

Essentials of Inventory Management by Max Muller Summary

Essentials of Inventory Management
Max Muller
3.73 (107 Reviews)
Business
Finance
Leadership
概要
主なポイント
著者
よくある質問

Overview of Essentials of Inventory Management

Transform your business with "Essentials of Inventory Management" - the guide that's shaped MBA curricula nationwide. Learn why over 100,000 professionals attend Max Muller's seminars to master RFID, just-in-time systems, and supply chain risk management that drive bottom-line profits.

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重要なポイント

1

The Hidden Cost of What You Can't See: Why Inventory Matters

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Ever wonder why some businesses run like clockwork while others constantly disappoint customers with stockouts and delays? The secret often lies not in flashy marketing or charismatic leadership, but in the unglamorous world of inventory management. Inventory exists in two parallel universes: as physical items on shelves and as records in company systems. This duality creates a fundamental challenge - decisions about purchasing, sales, and production planning rely on inventory records rather than physical items themselves. Consider what happens when these worlds don't align. A customer service rep confidently promises next-day delivery of an item showing "in stock" in the system. Meanwhile, that item was removed from the shelf yesterday without documentation. The result? A disappointed customer, wasted shipping expenses, and damaged reputation - all because an item's digital life didn't match its physical reality. Every organization maintains inventory, whether it's raw materials, work-in-process items, or finished goods. Even service businesses maintain operational supplies. This universal need comes with significant costs beyond just purchase price: capital tied up that could be earning returns elsewhere, warehouse space expenses, labor costs, deterioration, damage, obsolescence, and theft risk. For many businesses, inventory constitutes 20-30% of total assets - managing this investment poorly can literally threaten a company's survival.

2

Money on Shelves: The Financial Impact of Inventory Decisions

3

Location Systems and Identification Technologies

4

The Balancing Act: Inventory Planning and Replenishment

5

Diagnosis and Solutions: Why Inventory Systems Fail

6

Protecting Your Investment: Security and Disaster Planning

7

From Invisible to Indispensable: The Strategic Power of Inventory Excellence

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
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12
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108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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"It is great for me to learn something from the book without reading it."

@OojasSalunke
platform
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
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37
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"Makes me feel smarter every time before going to work"

@Cashflowbubu
platform
star
star
star
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"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."

@Moemenn
platform
star
star
star
star
star

"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
platform
comments
12
likes
117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
platform
star
star
star
star
star

"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
platform
comments
12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
platform
star
star
star
star
star

"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
platform
comments
96
likes
4.5K

"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
platform
star
star
star
star
star

"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

@Jaded_Falcon
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comments
201
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16

"It is great for me to learn something from the book without reading it."

@OojasSalunke
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star
star
star

"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

@Leo, Law Student, UPenn
platform
comments
37
likes
483

"Makes me feel smarter every time before going to work"

@Cashflowbubu
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