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Efficient inventory management in multi-echelon distribution systems

โœ Scribed by Yeong-joon Yoo; Won-seok Kim; Jong-tae Rhee

Publisher
Elsevier Science
Year
1997
Tongue
English
Weight
244 KB
Volume
33
Category
Article
ISSN
0360-8352

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โœฆ Synopsis

In this paper, an improved DRP method to schedule multi-ectm/on distribution network is proposed such that order-quantities and order points are dynamically obrRined to meet ~ a~mana in just in time concept and minimiTe the Otlt-of-stoc~ probability.

The order scheduling method reflects the d)mamic characteristics of inventory level changes in the regional distribution centers and the central distribution center. The experiment has been done with various ยข~-~-~ distributions, forecast error distributions and lead times. The proposed medxxl was co~[sared with the tradit/onal DRP-based scheduling methods which use different lot-siT.i~ and order point decision techniques.

From the result, it is found that the proposed heuristic method yields preferable lot--sizing schedules,

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