Browse > Article
http://dx.doi.org/10.11627/jksie.2022.45.4.174

Optimizing the Exhaustion of Inventory for Design Changes: Focusing on Concrete Pump Truck Outrigger Process  

Chan-Woong Park (Department of Industrial Engineering, Gachon University)
Publication Information
Journal of Korean Society of Industrial and Systems Engineering / v.45, no.4, 2022 , pp. 174-179 More about this Journal
Abstract
Companies are making design changes by improving product quality and function to succeed while meeting customer requirements continuously. Design changes are changing the product BOM's amount, item, specification, and shape while causing a change in the product's structure. At this time, the problem of inventory exhaustion of parts before design change is a big topic. If the inventory exhaustion fails, the pieces before the design change become unused and are discarded, resulting in a decrease in asset value, and the quality cost of the design change affects the company's profits. Therefore, it is necessary to decide to minimize quality costs while minimizing waste inventory costs at the time of application of design changes. According to the analysis, priorities should be prioritized according to urgency because the quantity of items before the design change affects the applied lead time.
Keywords
Exhaustion of Inventory; Design Changes; Concrete Pump Truck;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
연도 인용수 순위
1 Kang, J.H. and Kim, S.B., Bootstrap-Based Fault Identification Method, Journal of the Korean society for quality management, 2010, Vol. 39, No. 2, pp. 234-243.
2 Kim, J.B., Kim, W.J., and Cho, N.W., An Efficiency Evaluation among Manufacturing Processes using Hybrid DEA/AFP Mode, 2008.
3 Kim, K.H., A Study on the Reduction of Design Change Application Time and Effects Analysis, [Master's thesis], [Gyeonggi-do, Korea], Gachon University Graduate School, 2014.
4 Kim, S.H., A Review for Improving CAD education from an Industry View, CAD/CAM Review, 2005, Vol. 11, No. 3, pp. 53-57.
5 Korea Institute of Construction and Industry, Seminar on the Prospects of Construction Real Estate in 2020, 2019.
6 Kwon H. C., Inventory Model and Cost Sensitivity Analysis by Reducing Inventory Investment, Digital Policy Research, 2013, Vol. 11, No. 12, pp. 265-274.
7 Kwon, M.H., Kim, D.H., Yi, J.E., Kim, D.H., Hyun, Y.T., Kim, K.H., Lee, J.S., Ahn, J.S., and Kang, K. C., Development of Remotemonitoring system for CNC machine tools, Korean Society for Manufacturing Technology Engineers, 2015, pp. 189-189.
8 Lee, S.H., A Study on the Optimal Inventory Management of Construction Projects Using Simulation, [Master's thesis], [Seoul Metropolitan City, Korea]: Kwangwoon University Graduate School, 2011.
9 Maloni, M. and Benton, W.C., Power Influences in the Supply Chain, Journal of Business Logistics, 2000, Vol. 21, pp. 49-73.
10 Martin, M.V. and Ishii, K., Design for varity: Developing standardized and modularized product family architectures, Research in Engineering Design, 2002, Vol. 13, pp. 213-235.   DOI
11 Park, H.C., Inventory Clearance Polices of a Franchiser, Journal of the Korean Society of Production Management, 2009, Vol. 20, No. 4, pp. 3-22.
12 Rhee, C.K., Byun, J.H., and Do, N.C., A System Design of Evolutionary Optimizer for Continuous Improvement of Full-Scale Manufacturing Processes, IE Interfaces, 2005, Vol. 18, No. 4, pp. 465-476.
13 Asian economy, Korea's Architectural Technology Will Surprise the World, 2011. http://www.asiae.co.kr/news/view.htm?idxno=2011060708242504747.
14 Do, N.C., A Product Lifecycle Management Framework for Customer Services, Society of Science Conference, 2008, Seoul, Korea.
15 Do, N.C., Developing a BOM Management System for Personal Manufacturing, Korean Journal of Computational Design and Engineering, 2017, Vol. 22, No. 4, pp. 352-362.   DOI
16 Do, N.C., Introduction to PLM and its applications, Life and Power Press, Korea, 2007.
17 Jeong, M.K., New Products (NPI) and Old Products (EOL) Conversion Period for Optimal Inventory Management, [Ph.D. thesis], [Incheon City, Korea], Inha University Graduate School, 2017.
18 Jeong, N.G., TOC Utilization for Inventory Reduction and Delivery Timing at SCM, 2003, Korea Logistics Innovation Conference, Session 4.
19 Jianjun, Y.M., Baiyang, J., Yifeng, G., Jinxiang, D., and Chenggang, L., Research on evaluation methodologies of product life cycle engineering design (LCED) and development of its tools, International Journal of Computer Integrated Manufacturing, 2008, Vol.21, No. 8, pp. 923-942.   DOI
20 Jung, S., Kim, B., Oh, J., Baek C.H., and Lee, S., An Integrated Multi-BOM System for Product Data Management(in Korean), Transactions of the Society of CAD/CAM Engineers, 2002, Vol. 17, No. 3, pp. 216-223.