New supply chain concept based on coupling point inventory planning

Koshichiro Mitsukuni, Mitsuo Koyama, Yuichi Nakamura

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

2 Citations (Scopus)

Abstract

We propose a new supply chain concept based on coupling point inventory planning method. This method is used to repetitive products at Coupling Point (CP), and is combined the margin stock ratio. This method plans the formulaic necessary inventory under the demand fluctuation, and calculates the re-order quantity. The formulaic necessary inventory is planed by the lead-time of the supply chain process, planning cycle, average demand quantity and its standard deviation. The re-order quantity is calculated by the difference of the formulaic necessary inventory and the measured actual stock. As a result, the total inventory of supply chain process becomes flat by formulaic necessary inventory, and the capacity / load of the upstream company becomes flat by the margin stock ratio, and the out-of-stock situation of the downstream company becomes to decrcase by the necessary inventory including safety stock.

Original languageEnglish
Title of host publicationIEEE International Symposium on Industrial Electronics
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1358-1363
Number of pages6
Volume4
ISBN (Print)0780373693, 9780780373693
Publication statusPublished - 2002
Externally publishedYes
Event2002 IEEE International Symposium on Industrial Electronics, ISIE 2002 - L'Aquila
Duration: 2002 Jul 82002 Jul 11

Other

Other2002 IEEE International Symposium on Industrial Electronics, ISIE 2002
CityL'Aquila
Period02/7/802/7/11

ASJC Scopus subject areas

  • Electrical and Electronic Engineering
  • Control and Systems Engineering

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  • Cite this

    Mitsukuni, K., Koyama, M., & Nakamura, Y. (2002). New supply chain concept based on coupling point inventory planning. In IEEE International Symposium on Industrial Electronics (Vol. 4, pp. 1358-1363). [1025989] Institute of Electrical and Electronics Engineers Inc..