New supply chain planning method based on coupling point inventory planning

Koshichiro Mitsukuni, Yuichi Nakamura, Tomoyuki Aoki

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

1 Citation (Scopus)

Abstract

We propose a new supply chain planning method based on coupling point inventory planning. This method is used for repetitive products at coupling point (CP). This method calculates the re-order quantity on the basis of the theoretical necessary inventory and calculates the out-of-stock warning on the basis of the future demand forecast. The theoretical necessary inventory is planned 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 theoretical necessary inventory and the measured actual stock. The out-of-stock warning is planned by the on-hand inventory and the accuracy estimation demand. As a result, the total inventory level of supply chain process becomes flat by theoretical necessary inventory, and the out-of-stock situation of the downstream company is avoided by the out-of-stock warning.

Original languageEnglish
Title of host publicationIEEE International Conference on Emerging Technologies and Factory Automation, ETFA
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages13-18
Number of pages6
Volume2
EditionJanuary
DOIs
Publication statusPublished - 2003
Externally publishedYes
Event2003 IEEE Conference on Emerging Technologies and Factory Automation, ETFA 2003 - Lisbon, Portugal
Duration: 2003 Sep 162003 Sep 19

Other

Other2003 IEEE Conference on Emerging Technologies and Factory Automation, ETFA 2003
CountryPortugal
CityLisbon
Period03/9/1603/9/19

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ASJC Scopus subject areas

  • Electrical and Electronic Engineering
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering
  • Computer Science Applications

Cite this

Mitsukuni, K., Nakamura, Y., & Aoki, T. (2003). New supply chain planning method based on coupling point inventory planning. In IEEE International Conference on Emerging Technologies and Factory Automation, ETFA (January ed., Vol. 2, pp. 13-18). [1248664] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ETFA.2003.1248664