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 | |
| 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 |
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ASJC Scopus subject areas
- Electrical and Electronic Engineering
- Control and Systems Engineering
- Industrial and Manufacturing Engineering
- Computer Science Applications