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The Optimization Trap is
Phillip Slater's latest book and is
now available in a range of formats to suit e-readers such as the iPad,
Kindle, Kobo, Nook, and Sony eReader. It is also available as a PDF for
reading on PCs and Macs.
The
book uses spare parts inventory management as the back drop to explore the
issues faced and mistakes made when people implement an inventory
optimization program. Sometimes, without even realizing it their actions
actually limit the results that they can achieve. Phillip calls this The
Optimization Trap.
The
book tells the story of Luke Michaels, a Reliability Engineer, that gets
caught in the Optimization Trap when he is tasked with optimizing his
company's spare parts inventory.
The
book goes on to describe how Luke gets free of 'the trap' and along the
way identifies seven principles for avoiding the Optimization Trap.
Learning these principles is vital to anyone that is involved in inventory
management.
Written in an easy to read narrative style
this book takes the reader
through familiar, realistic everyday situations and shows how to apply the
principles for avoiding the Optimization Trap.
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