The use of VMI at Wal-Mart on a large scale has attracted a great deal of attention in the industrial world. In a VMI program, the supplier assumes control of the inventory management for one or more retailers (Fry, 2002). The supplier monitors the inventory level at the retailers and makes the decisions related to the quantities of replenishment and the timing of shipments to the retailers. It...

Forest management planning requires information about the uncertainty inherent in the available data. Inventory data, including simulated errors, are infrequently utilised in forest planning studies for analysing the effects of uncertainty on planning. Usually the errors in the source material are ignored or not taken into account properly. The aim of this study was to compare different methods...

Satisfying the demand in a timely fashion is a critical task in any company. In a service sector like telecommunications where sold information transmission units cannot be stored in inventory or cannot be backordered, having appropriate capacity to fulfill all demand becomes crucial. In order to achieve this goal, not only a well designed planning system but a sound capacity expansion strategy...

In 2001, Deere’s Commercial and Consumer Equipment (C&CE) Division, with growing sales of $3 billion, set out to improve its on-time delivery from plants to dealers and to reduce its inventory while maintaining customer service levels. C&CE used state-of-the-art inventory optimization techniques embedded in SmartOps’ multistage inventory planning and optimization (MIPO) product to set trustwort...

This paper aims to investigate the integrated production/distribution and inventory planning for perishable products with fixed life time in the constant condition of storage throughout a two-echelon supply chain by integrating producers and distributors. This problem arises from real environment in which multi-plant with multi-function lines produce multi-perishable products with fixed life ti...

This study aims to determine the relationship between regional property management optimization of asset as well planning, identification BMD, BMD inventory and supervision control a variable. Data were collected from employees financial agency South Sumatra Province through structured questionnaire. The sample used was 56 at Regional Financial Asset Management Agency analyzed using SPSS versio...

The need for integration in supply chain management leads us to consider the coordination of two logistic planning functions: transportation and inventory. The coordination of these activities can be an extremely important source of competitive advantage in supply chain management. The battle for cost reduction can involve finding the equilibrium between transportation and inventory management ...

Lateral transshipments within an inventory system are stock movements between locations of the same echelon. These transshipments can be conducted periodically at predetermined points in time to proactively redistribute stock, or they can be used reactively as a method of meeting demand which cannot be satisfied from stock on hand. The elements of an inventory system considered, e.g. size, cost...

Enterprise Resource Planning systems have been introduced to support the efficient and effective execution of business processes. In practice, this may not fully succeed. This also holds for inventory management (IM), part of the sub-field within logistics termed supply chain management. By analyzing the IM business process, eleven potential benefits are indicated. Next, by using a Business Int...

This report is an e ort to consolidate two di erent avors of a surplus inventory matching problem encountered in the steel industry: Surplus Un nished Inventory Matching, and Surplus Finished Inventory Matching. This report is compiled from two other reports that describe the heuristic solution approaches developed for a real world application of these problems [1, 2]. The focus here is to moti...