Topics covered in Chapter 1 include:

  • Use Ranking By Hits to Separate Stock From Stuff
  • The Inventory Carrying Cost
  • The Adjusted Margin
  • Is it Bad or Ugly?
  • Adding Products to Your Approved Stock List
  • The Inventory Actuarial Table
  • Handling Maintenance Repairs and Operations (MRO) Inventory
  • Approved Stock Lists
  • Manufactured Products and Bill of Materials (BOMs)
  • When One Product is Really Three Items
  • How Do You Handle Non-Stock Items in the Future?
  • The Promise of 3D Printing