A dynamic modeling simulation for supply chain management inventory service: A case study on a rental housing unit manufacturing and logistics company

Haixia Sang, Yoshiki Kotake, Shingo Takahashi

    Research output: Chapter in Book/Report/Conference proceedingConference contribution

    Abstract

    This paper presents a simulation approach to analyze the rental housing supply chain's inventory problem. Unlike most products, the rental housing unit is a "circulation type" product, and the inventory problem is complicated. In this paper, a systematic and flexible process is proposed that efficiently provides critical decision-making support to managers to help them understand and validate the inventory problem in the rental housing supply chain. The proposed procedure considered inventory impact factors, such as the forecasting method, the lead time, the initial inventory level, and the inventory filling indicator. In addition, the procedure is applied to an actual rental housing supply chain to confirm its effectiveness. Furthermore, the proposed method was found to be both practical and powerful in assisting managers with their continuous decision-making efforts.

    Original languageEnglish
    Title of host publicationProceedings of the 2018 International Conference on Information Management and Management Science, IMMS 2018
    PublisherAssociation for Computing Machinery
    Pages125-132
    Number of pages8
    ISBN (Electronic)9781450364867
    DOIs
    Publication statusPublished - 2018 Aug 25
    Event2018 International Conference on Information Management and Management Science, IMMS 2018 - Chengdu, China
    Duration: 2018 Aug 252018 Aug 27

    Other

    Other2018 International Conference on Information Management and Management Science, IMMS 2018
    CountryChina
    CityChengdu
    Period18/8/2518/8/27

    Keywords

    • Inventory management
    • Rental unit
    • Seasonal demand
    • Simulation

    ASJC Scopus subject areas

    • Human-Computer Interaction
    • Computer Networks and Communications
    • Computer Vision and Pattern Recognition
    • Software

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  • Cite this

    Sang, H., Kotake, Y., & Takahashi, S. (2018). A dynamic modeling simulation for supply chain management inventory service: A case study on a rental housing unit manufacturing and logistics company. In Proceedings of the 2018 International Conference on Information Management and Management Science, IMMS 2018 (pp. 125-132). Association for Computing Machinery. https://doi.org/10.1145/3277139.3277178