B&ESI BUSINESS & ECONOMIC SOCIETY INTERNATIONAL
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Presentation by Prof. Dr. Khawaja Amjad Saeed Professor Emeritus & Founder Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore Pakistan (2003----), Member Governing Council, International Federation of Accountants (IFAC), New York (1997-2000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia (AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of Business Administration (IBA), University of the Punjab, Lahore (1973-1996), Senior Faculty Member, Hailey College of Commerce, University of the Punjab, Lahore (1965-73) and senior Faculty Member, Hailey College of Commerce, University of the Punjab, Lahore-Pakistan. Earlier he had eight years experience in corporate world (1958-65). Email: [email protected] B&ESI BUSINESS & ECONOMIC SOCIETY INTERNATIONAL Event: International Conference: January 2013 Topic: INVENTORY MANAGEMENT: FROM HUNCH TO MRP 1
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Event:. International Conference: January 2013. B&ESI BUSINESS & ECONOMIC SOCIETY INTERNATIONAL. Topic:. INVENTORY MANAGEMENT: FROM HUNCH TO MRP. Presentation by. Prof. Dr. Khawaja Amjad Saeed. - PowerPoint PPT Presentation
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Presentation byProf. Dr. Khawaja Amjad SaeedProfessor Emeritus & Founder Principal, Hailey College of Banking & Finance, University of the Punjab, Lahore Pakistan (2003----), Member Governing Council, International Federation of Accountants (IFAC), New York (1997-2000), President, South Asian Federation of Accountants (SAFA) (1997), President, Institute of Cost and Management Accountants of Pakistan (1997-2000), President, Association of Management Development Institutions of South Asia (AMDISA) (1993-96), Pro Vice-Chancellor University of the Punjab, Lahore (1994-1996), Founder Director, Institute of Business Administration (IBA), University of the Punjab, Lahore (1973-1996), Senior Faculty Member, Hailey College of Commerce, University of the Punjab, Lahore (1965-73) and senior Faculty Member, Hailey College of Commerce, University of the Punjab, Lahore-Pakistan. Earlier he had eight years experience in corporate world (1958-65). Email: [email protected]
B&ESIBUSINESS & ECONOMIC SOCIETY INTERNATIONAL
Event: International Conference: January 2013
Topic: INVENTORY MANAGEMENT: FROM HUNCH TO MRP
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PRESENTATION FRAME
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1. Constituents 2. Part A: Inventory Management 3. Part B: Use of Hunch 4. Part C: Table Preparation 5. Part D: “Q” Model 6. Part E: Just-In-Time (JIT)7. Part F: Material Requirement Planning - MRP8. Part G: Manufacturing Resource Planning-MRP II9. Conclusion
- A to G (9 parts)- Part A: Inventory Management
- Stages - Goals- Tools- Costing
- Part B: Use of Hunch - SMEs- Applications - Three Levels:
- Order Point - Minimum - Maximum
- Problems
1. CONSTITUENTS
1. CONSTITUENTS - Part C: Table Preparation
- Order cost plus carrying cost - Minimum total- Table preparation - 167-most economical order quantity
- Part D: “Q” Model
- Q=
- Assumptions - Answer 170
2CSU1+A
- Part E: Just-In-Time - Rise - Global Experiences - Benefits
- Part F: Material Requirement Planning: MRP- 1970s- Major Inputs - Prerequisites
- Part G: Manufacturing Resource Planning: MRP II- 1980s - Software - Status with Score - Areas with Major Components
1. CONSTITUENTS
Conclusion - User Choice - Applications
1. CONSTITUENTS
