Title :
A hybrid inventory control system approach applied to the food industry
Author :
Claudio, David ; Zhang, Jie ; Zhang, Ying
Author_Institution :
Pennsylvania State Univ., University Park
Abstract :
The appropriate production and inventory control policy is a key factor for modern enterprises´ success in competitive environment. In the food industry, most of food manufacturers adopt the make-to-order policy to improve their punctuality and flexibility, while some scholars provided other different opinions. This study provides a hybrid policy combining a make-to-order push strategy with priority with a make-to-stock pull strategy. In this policy, the pull strategy is considered for the regular demands while customers who tell their demand needs in advance are treated with a push strategy and are given a higher priority than those who don´t share information. Through a set of simulation experiments by AutoMod model, this policy is proved to be of great efficiency, effectiveness and applicability.
Keywords :
food processing industry; push-pull production; stock control; food industry; inventory control system; make-to-order push strategy; make-to-stock pull strategy; production control; simulation; Costs; Demand forecasting; Electrical equipment industry; Fluctuations; Food industry; Food manufacturing; Industrial control; Inventory control; Manufacturing industries; Production systems;
Conference_Titel :
Simulation Conference, 2007 Winter
Conference_Location :
Washington, DC
Print_ISBN :
978-1-4244-1306-5
Electronic_ISBN :
978-1-4244-1306-5
DOI :
10.1109/WSC.2007.4419792