The inventory control systems are responsible for the optimal operation of the inventory processes of the automotive companies. Generally, the optimisation of the inventory control system manifests itself in a target conflict representing the implementation of the optimal operation in economic and reliability terms. For the process optimisation, the control parameters of the regulation system s...

F many companies, inventory record inaccuracy is a major obstacle to achieving operational excellence. In this paper, we consider an inventory system in which inventory records are inaccurate. The manager makes inventory inspection and replenishment decisions at the beginning of each period. There is a cost associated with each inspection. If an inspection is performed, inventory records are al...

Supply chain coordination has received substantial attention in the operations literature in recent years. Coordination issues in supply chains arise due to several factors, an important one being the difference in the cost impact of inventory and replenishment decisions on the manufacturer and retailer. In this paper, we address this asymmetry in cost impact that can lead to sub-optimal channe...

Motivated by make-to-order cable manufacturing, we describe a remnant inventory system in which orders arrive for units of raw material that are produced-to-stock. As orders are satis!ed, the partially consumed units of material, or remnants, are either scrapped or returned to inventory for future allocation to orders. We present a linear program that minimizes the long-run average scrap rate. ...

Efficient logistics control demands for transparency to inventory in the whole distribution network. However, current information technology (IT) solutions do not support creating inventory transparency to temporary storage locations, which poses severe problems for supply chain management in project-oriented industries. This paper presents how inventory transparency can be built with quick-to-...

Advances in information system technology have had a huge impact on the evolution of supply chain management. As a result of such technological advances, supply chain partners can now work in tight coordination to optimize the chain-wide performance, and the realized return may be shared among the partners. A basic enabler for tight coordination is information sharing, which has been greatly fa...

The modelling of real-world complex systems is an area of ongoing interest for the research community. Real-world systems present a variety of challenges not least of which is the problem of uncertainty inherent in their operation. In this research the problem of inventory management was chosen. The goal was to discover a suitable configuration for a Simulated Annealing search with a fuzzy inve...

This essay analyses and evaluates critically Tesco’s current operations management. The essay discusses from 3 major perspectives namely, operations strategy, operations design and operations management. Firstly, it will show an introduction. The second section will analyze Tesco’s formats and international expansion at corporate strategy level. And then, based on the customer-centric conceptio...

Developing countries face the challenge of migrating their health systems data from disjoint, standalone information sources to modern web-based databases. We study this issue in the domain of immunization logistics by looking at the problem of maintaining a national vaccine cold chain inventory. We present modular components that can be composed to create a migration path from existing spreads...