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Introduction to Materials Management, Global Edition

Introduction to Materials Management, Global Edition

Steve Chapman | Ann K. Gatewood | Tony K. Arnold | Lloyd Clive

(2016)

Additional Information

Book Details

Abstract

For all courses in Materials Management, Production, Inventory Control, and Logistics taught in business and industrial technology departments of community colleges, four-year colleges, and universities.

 

Understand all elements of production planning and control, and how they fit together with Introduction to Materials Management.

Clearly written and exceptionally user-friendlythis text covers all the essentials of modern supply chain management, manufacturing planning and control systems, purchasing, and physical distribution.  Content, examples, questions, and problems lead students step-by-step to mastery. Widely adopted by colleges and universities worldwide, this is the only APICS-listed reference text for the Basics of Supply Chain Management (BSCM) CPIM certification examination.


Table of Contents

Section Title Page Action Price
Cover Cover
Title Page 3
Copyright Page 4
Contents 5
Preface 9
Chapter 1 Introduction to Materials Management 13
Introduction 13
Operating Environment 13
The Supply Chain Concept 16
What is Materials Management? 21
Summary 25
Key Terms 26
Questions 26
Problems 27
Case Study 1.1: Priya’s Cakes 27
Chapter 2 Production Planning System 30
Introduction 30
Manufacturing Planning and Control System 31
Sales and Operations Planning 35
Manufacturing Resource Planning 37
Enterprise Resource Planning 39
Making the Production Plan 39
Summary 48
Key Terms 49
Questions 49
Problems 50
Case Study 2.1: Meridian Water Pumps 54
Case Study 2.2: Williams 3D Printers 55
Chapter 3 Master Scheduling 57
Introduction 57
Relationship to Production Plan 58
Developing a Master Production Schedule 60
Production Planning, Master Scheduling, and Sales 65
Summary 71
Key Terms 71
Questions 71
Problems 72
Case Study 3.1: Acme Water Pumps 78
Case Study 3.2: The MasterChip Electronics Company 79
Case Study 3.3: Macarry’s Bicycle Company 81
Chapter 4 Material Requirements Planning 84
Introduction 84
Bills of Material 86
Material Requirements Planning Process 93
Using the Material Requirements Plan 104
Summary 108
Key Terms 108
Questions 108
Problems 109
Case Study 4.1: Apix Polybob Company 120
Case Study 4.2: Benzie Products Company 122
Chapter 5 Capacity Management 124
Introduction 124
Definition of Capacity 124
Capacity Planning 125
Capacity Requirements Planning 126
Capacity Available 128
Capacity Required (Load) 131
Scheduling Orders 134
Making the Plan 135
Summary 137
Key Terms 137
Questions 138
Problems 139
Case Study 5.1: Wescott Products 142
Chapter 6 Production Activity Control 145
Introduction 145
Data Requirements 148
Order Preparation 149
Scheduling 150
Load Leveling 155
Scheduling in a Nonmanufacturing Setting 156
Scheduling Bottlenecks 156
Theory of Constraints and Drum-Buffer-Rope 158
Implementation 161
Control 162
Production Reporting 167
Product Tracking 168
Measurement Systems 168
Summary 168
Key Terms 169
Questions 169
Problems 170
Case Study 6.1: Johnston Products 174
Case Study 6.2: Crofts Printing Company 176
Case Study 6.3: Melrose Products 177
Chapter 7 Purchasing 180
Introduction 180
Establishing Specifications 183
Functional Specification Description 185
Selecting Suppliers 187
Price Determination 190
Impact of Material Requirements Planning on Purchasing 192
Environmentally Responsible Purchasing 194
Expansion of Purchasing into Supply Chain Management 195
Some Organizational Implications of Supply Chain Management 197
Summary 198
Key Terms 198
Questions 198
Problems 199
Case Study 7.1: Let’s Party! 199
Case Study 7.2: The Connery Company 200
Chapter 8 Forecasting and Demand Management 202
Introduction 202
Demand Management 202
Demand Forecasting 204
Characteristics of Demand 204
Principles of Forecasting 206
Collection and Preparation of Data 207
Forecasting Techniques 207
Some Important Intrinsic Techniques 209
Seasonality 212
Tracking the Forecast 215
Summary 222
Key Terms 222
Questions 222
Problems 223
Case Study 8.1: Northcutt Bikes: The Forecasting Problem 229
Case Study 8.2: Hatcher Gear Company 231
Chapter 9 Inventory Fundamentals 233
Introduction 233
Aggregate Inventory Management 233
Item Inventory Management 233
Inventory and the Flow of Material 234
Supply and Demand Patterns 235
Functions of Inventories 235
Objectives of Inventory Management 237
Inventory Costs 239
Financial Statements and Inventory 241
ABC Inventory Control 246
Summary 249
Key Terms 249
Questions 250
Problems 251
Case Study 9.1: Randy Smith, Inventory Control Manager 254
Chapter 10 Order Quantities 257
Introduction 257
Economic Order Quantity 258
Variations of the EOQ Model 262
Quantity Discounts 263
Order Quantities for Families of Product When Costs are Not Known 264
Period Order Quantity 265
Summary 268
Key Terms 268
Questions 268
Problems 269
Chapter 11 Independent Demand Ordering Systems 273
Introduction 273
Order Point System 273
Determining Safety Stock 275
Determining Service Levels 281
Different Forecast And Lead-Time Intervals 283
Determining When the Order Point Is Reached 283
Periodic Review System 285
Distribution Inventory 287
Summary 290
Key Terms 290
Questions 291
Problems 292
Case Study 11.1: Carl’s Computers 298
Chapter 12 Physical Inventory and Warehouse Management 301
Introduction 301
Warehousing Management 301
Physical Control and Security 307
Inventory Record Accuracy 307
Consignment Inventory and Vendor-Managed Inventory (VMI) 313
Technology Applications 314
Summary 315
Key Terms 315
Questions 316
Problems 316
Case Study 12.1: CostMart Warehouse 320
Chapter 13 Physical Distribution 323
Introduction 323
Physical Distribution 326
Physical Distribution Interfaces 329
Transportation 330
Legal Types of Carriage 332
Transportation Cost Elements 333
Warehousing 338
Packaging 343
Material Handling 345
Multi-Warehouse Systems 345
Summary 348
Key Terms 348
Questions 349
Problems 350
Case Study 13.1: ABC Footwear Limited 351
Chapter 14 Products and Processes 353
Introduction 353
Need for New Products 353
Product Development Principles 354
Product Specification and Design 356
Process Design 358
Factors Influencing Process Design 359
Processing Equipment 361
Process Systems 361
Process Costing 363
Selecting the Process 364
Continuous Process Improvement 366
Summary 376
Key Terms 377
Questions 377
Problems 379
Case Study 14.1: Rory Thomas, Production Manager 382
Chapter 15 Lean Production 384
Introduction 384
Lean Production 384
Waste 386
The Lean Production Environment 388
Manufacturing Planning and Control in a Lean Production Environment 395
Comparing ERP, Kanban, and Theory of Constraints 407
Summary 409
Key Terms 410
Questions 410
Problems 411
Case Study 15.1: Murphy Manufacturing 413
Chapter 16 Total Quality Management 416
Introduction 416
What Is Quality? 416
Total Quality Management 418
Quality Cost Concepts 422
Variation as a Way of Life 423
Process Capability 425
Process Control 429
Sample Inspection 432
ISO 9000:2015 434
ISO 26000:2010 435
ISO 14001:2015 436
Benchmarking 436
Six Sigma 437
Quality Function Deployment 438
The Relationship of Lean Production, TQM, and ERP 440
Summary 441
Key Terms 441
Questions 442
Problems 443
Case Study 16.1: Accent Oak Furniture Company 444
Readings 449
Index 453