10 Best Inventory Management Books
Inventory management is a tough task, especially when you’re starting out.
Though having practical knowledge is great, but sometimes theoretical knowledge can come handy.
There are lots of inventory management books available which can help you understand basics, but I am here with the list of best books in the market.
Inventory management books really help us in establishing the basics, concepts, and visualization of the inventory management, and give insight to the common problems and their solutions.
Below is the list of 10 inventory management books, which are must read if you want to work in warehouses or inventory industry.
Best Inventory Management Books of All Time:
1. Essentials of Inventory Management
Author: Max Muller
As the name suggests, the book includes every essential topic under inventory management.
You can watch over your stock and the rate of filling, which products you should invest on with the help of stats, and everything else.
Basically, this book has a well-constructed viewpoint into establishing a good inventory system.
It also focuses on the risk management involved in an inventory system.
2. Achieving Effective Inventory Management
Author: John Schreibfeder
Coming from Jon Schreibfeder is president of Effective Inventory Management Inc, this book helps various manufacturers and suppliers to cope up with the competition, and maximize the profits.
The book takes a structural viewpoint, which helps you to optimize every section of your inventory so that you whole inventory can work collectively well.
The book is a result of Jon’s years of experience in this field and philosophies that taught him the management.
3. Inventory Management Explained
Author: David J
This book explains about the stock sizing and ordering systems.
Inventory Management Explained helps readers build a solid understanding of the key planning aspects of inventory management.
It does this by clearly by defining inventory management, but then goes well beyond typical inventory management books by tearing apart the calculations and logic we use in inventory management and exposing the hidden (or not so hidden) flaws and limitations.
For those new to inventory management, David includes highly detailed explanations and numerous examples.
Instead of using complicated mathematical formulas, David explains the calculations in plain English and uses excel formulas and spreadsheet.
4. Warehouse Management: A Complete Guide to Improving Efficiency and Minimizing Costs in the Modern Warehouse
Author: Gwynne Richards
The author focuses on cost effective techniques of managing your inventory.
It is one of the books which cover full knowledge regarding inventory management. You can pick up any topic which you feel like to read related to inventory and this book has it.
If you want to gain full knowledge of inventory, this book is definitely a must-read.
Covering everything from the latest technological advances to current environmental issues, Warehouse Management provides an indispensable companion to the modern warehouse.
5. Supply Chain Network Design: Applying Optimization and Analytics to the Global Supply Chain
Author: Michael Watson
As the name suggests, this book specifically tells you the techniques to optimize the supply chain and enhance the profits.
Michael Watson is one os the most influential leader from IBM, and this book is the result of his brilliant experience.
If you want your inventory to enhance its capacity, then go for this book.
Using strategic supply chain network design, companies can achieve dramatic savings from their supply chains.
– Michael Watson
6. Inventory Accuracy: People, Processes, & Technology
Author: David J. Piasecki
David’s Inventory Accuracy book is all about increasing efficiency and gaining competitive advantage.
With this book, you understand how to interact with stock providers, the processes involved and various techniques which you can apply to maximize the output.
There are various topics covered in this book which is rare to find in other inventory books like root cause analysis and user interface design.
7. Inventory Strategy: Maximizing Financial, Service and Operations Performance with Inventory Strategy
Author: Edward Frazelle
If you want to increase your knowledge on inventory management to the next level, then this book is your companion on that way.
The strategic approach to every topic in the book makes it a good read.
You can think about managing your inventory more efficiently after reading it.
It opens your brain to the various spectrum of inventory management, and you’re surely going to increase profit with the ways mentioned.
8. The Time, Space & Cost Guide to Better Warehouse Design
Author: Maida Napolitano
Designing and working with an inventory is a tough task but becomes a lot easier if you can learn it from experts. This book surely going to help in that situation.
If we see clearly, the inventory management comes down to three things.
- The Time,
- Space and
- Cost
And this book has covered all these 3.
The book gives a constructive viewpoint, that could enhance your management skills.
9. Production and Inventory Control Handbook
Author: James H. Greene
If you want to know whereabouts of inventory management and its history, then this book is definitely for you.
The book has contributions from the members of American Production and Inventory Control Society, these are latest articles on inventory management.
It has all the requirements you need to follow, and other important things.
Basically, a complete book for you, when you want to control an inventory.
10. Warehouse Distribution and Operations Handbook
Author: David Mulcahy
The book has covered the topic about supply chains and how you can carry successful operations in your inventory.
The main part of the inventory is to manage product distribution and this book covered it so well, that you might not need any other book on this topic after reading this one.
This book is basically warehouse management written, with detailed and deep knowledge of everything you will come across in the business.
