18 Best Books on Inventory Management

We have compiled a list of the Best Reference Books on Inventory Management, which are used by students of top universities, and colleges. This will help you choose the right book depending on if you are a beginner or an expert. Here is the complete list of Inventory Management Books with their authors, publishers, and an unbiased review of them as well as links to the Amazon website to directly purchase them. If permissible, you can also download the free PDF books on Inventory Management below.

1. Inventory Control and Management Systems

 
1."Production and Inventory Management" by A C Hax and D Candea
“Production and Inventory Management” Book Review: The book covers essential concepts such as forecasting, inventory control, and production planning in simple and straightforward language. The authors have used real-world examples to make the book more relatable and easy to understand. Overall, this book is a valuable resource for managers, students, and anyone interested in the field of production and inventory management. The practical approach and clear explanations make it a must-read for anyone looking to improve their understanding of these critical business functions.

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2."Inventory Control" by S F Love
“Inventory Control” Book Review: The book provides practical strategies for monitoring, tracking and managing inventory levels effectively. Love explains the importance of inventory control in reducing costs, improving customer satisfaction, and increasing profits. The author uses real-life examples to illustrate concepts and provides step-by-step instructions for implementing inventory control processes. This book is written in clear and concise language, making it easy to understand for anyone looking to improve their inventory management skills.

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3."Inventory Control System in the Hospitality Industry" by Tea Imenkoviaa
“Inventory Control System in the Hospitality Industry” Book Review: The book explains the various aspects of inventory management, such as forecasting, ordering, and storage, in a clear and concise manner. It offers practical solutions to common inventory-related issues faced by hospitality businesses. The author has used real-world examples to illustrate the concepts, making it an engaging read. This book is an essential resource for anyone involved in managing inventory in the hospitality industry, from hotel managers to food and beverage supervisors.

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4."Inventory Control System and Storage Area" by Tsegaye Agere Kibret
“Inventory Control System and Storage Area” Book Review: The book covers important topics such as the types of inventory, inventory control techniques, and storage area management. It is a valuable resource for businesses looking to optimize their inventory control system and storage area operations. The author uses practical examples and case studies to demonstrate the application of inventory control techniques. The language is simple and easy to understand, making it accessible to anyone interested in improving their inventory management skills. This book is a useful guide for businesses seeking to streamline their inventory management processes.

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5."Dynamic Control of Quality in Production-Inventory Systems: Coordination and Optimization" by David D Yao and Shaohui Zheng
“Dynamic Control of Quality in Production-Inventory Systems: Coordination and Optimization” Book Review: In this book, quality management is explored from a modern perspective, utilizing contemporary mathematical tools to solve quality control issues. The author presents a dynamic approach to quality management, emphasizing the importance of coordination. The book provides a comprehensive explanation of a fundamental methodology known as Markov decision programming.

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6."Inventory Control Systems for National Health Laboratory Services" by Nojiyeza Innocent Simphiwe
“Inventory Control Systems for National Health Laboratory Services” Book Review: The book provides valuable insights on management systems that laboratories can implement to improve their operational efficiency and effectiveness. It covers various models, including but not limited to, min-max system, build to order, build to stock, ABC analysis, vendor managed inventory (VMI), electronic data interchange (EDI), automatic pipeline inventory, order-based production control system (APIOBPCS), and stochastic inventory systems. The text offers many real-life case studies and examples to illustrate these concepts, making it a practical resource for anyone looking to maximize operational efficiency.

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7."Inventory Control in Manufacturing: A Basic Introduction" by Louis Bevoc
“Inventory Control in Manufacturing: A Basic Introduction” Book Review: This book is a useful resource for both students and professionals involved in inventory control. It is well-structured, informative, and precise, covering all aspects of inventory control. Beginning with a clear definition of inventory control and its main goals, the book proceeds to describe the various methods and systems used to manage inventory, including reordering of raw materials and finished products. The chapters also cover management responsibilities and techniques for improving inventory control programs. The text is educational and easy to understand, making it suitable for readers of all levels.

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2. Advance Production Planning and Inventory Control

 
1."Production and Inventory Control: Theory and Practice" by R N Van Hees and W Monhemius
“Production and Inventory Control: Theory and Practice” Book Review: The book covers a wide range of topics, including demand forecasting, capacity planning, material requirements planning, and just-in-time systems. The clear and concise writing style makes this book a useful resource for students, academics, and practitioners alike. This book is a valuable reference for anyone interested in improving their understanding of production and inventory control.

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2."Production Planning and Inventory Control" by Narasimhan and Seetharama L
“Production Planning and Inventory Control” Book Review: The book focus around the fundamental principles of manufacturing, planning, and control, offering various examples and strategies for maximizing an organization’s manufacturing resources in a streamlined and effective way. It emphasizes materials management, inventory control, and planning and control activities, providing a thorough introduction to the subject matter. Additionally, the book covers a wide range of topics, including basic inventory systems, multi-item joint replacement, inventory systems under risk, aggregate inventory management, and distribution inventory management. This comprehensive textbook offers an in-depth exploration of manufacturing essentials.

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3."Fundamentals of Production Planning and Control" by Stephen N Chapman
“Fundamentals of Production Planning and Control” Book Review: This book focus on critical area of planning and control within operation management, providing answers to the question of what specific knowledge is required. It delves into fundamental principles, including the application and development of software solutions, inventory management, and lean production concepts. Its scope encompasses a range of topics, from forecasting, sales and operations, and scheduling to material requirements, capacity management, production control, partnering activities, and system integration. With its comprehensive coverage, this textbook is an ideal resource for operation managers, production control workers, inventory control employees, as well as those involved in supply chain, logistics, and materials management.

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4."Inventory Management: Advanced Methods for Managing Inventory within Business Systems" by Geoff Relph and Catherine Milner
“Inventory Management: Advanced Methods for Managing Inventory within Business Systems” Book Review: This book offers both basic and advanced inventory management techniques and tools for practitioners, supply chain managers, and operations and manufacturing experts. It takes a step-by-step approach to achieving a crucial connection between budget decisions and detailed inventory management. The focus is on essential decisions managers need to make when managing inventory, and the revolutionary k-curve methodology is used to explain how to work, control, and balance inventory management. The book provides practical insights into inventory management, along with extensive theory, case studies from various industries, and numerous figures to illustrate the concepts. There is also a bonus chapter on supporting materials. This book is a useful resource for students, professionals, and business owners who want to improve their inventory planning skills.

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5."Hierarchical Operations and Supply Chain Planning (Advanced Manufacturing)" by Tan C Miller
“Hierarchical Operations and Supply Chain Planning (Advanced Manufacturing)” Book Review: The book delves into the applications of hierarchical planning techniques across all major functional areas of supply chain planning, such as production, distribution, warehousing, transportation, inventory management, forecasting, and performance management. It covers various original hierarchical production planning techniques, implementations that date back several decades, and the latest hierarchical planning methods. It also includes numerous applications that span an array of supply chain activities. This book caters to the interests of private industry practitioners, academic researchers, and graduate students studying operations, logistics, and supply chain management and planning.

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6."Advanced Supply Chain Management: How to Build a Sustained Competitive Advantage" by Poirier
“Advanced Supply Chain Management: How to Build a Sustained Competitive Advantage” Book Review: This is a highly informative and practical book for those interested in supply chain management. The author provides insightful tips and strategies for building a strong and efficient supply chain that can offer a sustained competitive advantage in the marketplace. The book is well-structured and covers a range of topics, including demand planning, inventory management, logistics, and supplier management. The writing is clear and concise, making it easy for readers to understand and apply the concepts presented.

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7."Introduction to Operations Research" by Aarti Kamboj
“Introduction to Operations Research” Book Review: This textbook is intended for a basic course on operational research and presents each chapter with simple definitions and basic principles, along with effective and efficient descriptive material. The book includes numerous solved examples from various fields, with almost every problem presenting a new concept. Each chapter also features end-of-chapter problems to test the reader’s understanding of the subject. The book is helpful for engineering students to clarify fundamental concepts and covers a range of topics, including the basics of operational research, linear programming, dynamic programming, inventory models, game theory, and simulation.

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8."Inventory Control (International Series in Operations Research and Management Science)" by Sven Axsäter
“Inventory Control (International Series in Operations Research and Management Science)” Book Review: The third edition of the book has undergone a complete revision, offering improved and updated explanations. This textbook serves as both a fundamental guide and reference material for industry researchers. The book covers traditional forecasting methods, lot sizing, safety stock and reorder point determination, KANBAN policies, and Material Requirements Planning. It also presents current advancements in inventory theory, such as new techniques for multi-echelon inventory systems and Roundy’s 98% approximation. The book provides practical examples of different methods for coordinating replenishments of various items and addresses common issues related to industrial implementation. Additionally, it contains an appendix with numerous problems and solutions, including helpful hints.

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9."Inventory Control: Models and Methods (Lecture Notes in Economics and Mathematical Systems)" by Dieter Bartmann and Martin F Bach
“Inventory Control: Models and Methods (Lecture Notes in Economics and Mathematical Systems)” Book Review: This book is particularly useful for computer-based stock management and provides insights into how modern inventory control can be logically structured with the aid of operational research. The book focuses on the essential mathematical derivations, which are explained in detail so that students can competently handle any given situation with the methods they learn. It also provides thorough illustrations of various models, numerical methods, and suitable algorithms to clarify every concept.

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10."Production and Inventory Control Handbook" by James H Greene
“Production and Inventory Control Handbook” Book Review: This is a comprehensive guide for those involved in the management of production and inventory control. The author provides a detailed overview of the principles, theories, and techniques involved in production planning, inventory control, and supply chain management. The book covers a wide range of topics, including demand forecasting, capacity planning, material requirements planning, and just-in-time systems. It is a valuable resource for both novice and experienced practitioners in the field, providing practical insights and tools to improve inventory management and production efficiency.

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11."Fundamentals of Production Planning and Control" by Stephen N Chapman
“The Fundamentals of Production Planning and Control” Book Review: This book is a valuable resource for professionals in operations management, production control, and inventory control, as well as those involved in supply chain, logistics, and material management. Its primary focus is on the essential planning and control aspects of operations management, covering a range of fundamental principles, including the development and application of relevant software solutions.

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We have put a lot of effort into researching the best books on Inventory Management and came out with a recommended list and their reviews. If any more book needs to be added to this list, please email us. We are working on free pdf downloads for books on Inventory Management and will publish the download link here. Fill out this Inventory Management books pdf download" request form for download notification.

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Manish Bhojasia, a technology veteran with 20+ years @ Cisco & Wipro, is Founder and CTO at Sanfoundry. He lives in Bangalore, and focuses on development of Linux Kernel, SAN Technologies, Advanced C, Data Structures & Alogrithms. Stay connected with him at LinkedIn.

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