New supply chain planning method based on coupling point inventory planning

Koshichiro Mitsukuni; Yuichi Nakamura; Tomoyuki Aoki

doi:10.1109/ETFA.2003.1248664

New supply chain planning method based on coupling point inventory planning

Koshichiro Mitsukuni, Yuichi Nakamura, Tomoyuki Aoki

Research output: Chapter in Book/Report/Conference proceeding › Conference 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 language	English
Title of host publication	IEEE International Conference on Emerging Technologies and Factory Automation, ETFA
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	13-18
Number of pages	6
Volume	2
Edition	January
DOIs	https://doi.org/10.1109/ETFA.2003.1248664
Publication status	Published - 2003
Externally published	Yes
Event	2003 IEEE Conference on Emerging Technologies and Factory Automation, ETFA 2003 - Lisbon, Portugal Duration: 2003 Sep 16 → 2003 Sep 19

Other

Other	2003 IEEE Conference on Emerging Technologies and Factory Automation, ETFA 2003
Country	Portugal
City	Lisbon
Period	03/9/16 → 03/9/19

ASJC Scopus subject areas

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

Access to Document

10.1109/ETFA.2003.1248664

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New supply chain planning method based on coupling point inventory planning. / Mitsukuni, Koshichiro; Nakamura, Yuichi; Aoki, Tomoyuki.

IEEE International Conference on Emerging Technologies and Factory Automation, ETFA. Vol. 2 January. ed. Institute of Electrical and Electronics Engineers Inc., 2003. p. 13-18 1248664.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

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 edn, vol. 2, 1248664, Institute of Electrical and Electronics Engineers Inc., pp. 13-18, 2003 IEEE Conference on Emerging Technologies and Factory Automation, ETFA 2003, Lisbon, Portugal, 03/9/16. https://doi.org/10.1109/ETFA.2003.1248664

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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.",

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