• Title/Summary/Keyword: Distribution Inventory System

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Study for Determining an Inventory Level of Spare Parts according to System Utilization (시스템 가동률에 따른 수리 부속 제품의 재고 수준 결정에 관한 연구)

  • Jeong, Suk-Jae;Han, Sung-Hoon;Kim, Kyung-Sup
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.117-126
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    • 2007
  • It has been a major issue to repair the broken system quickly for improvement of productivity and utilization. Generally, high utilization of system requires the high amount of spare parts in inventory and inventory cost. Therefore, it is necessary to determine the proper amount of inventory with regard to utilization of system. This study designs a methodology for determining the proper amount of inventory level in a two-echelon spare parts distribution system. The requirements are to satisfy proper customer demands at a distribution center and to maintain over the utilization of the whole system at customers. This methodology minimizes total inventory investment at a distribution center and customers.

An Operational Strategy for Inventory Control of Networked Regional Distribution Centers (지역통합 네트워크관리하의 재고통제 운용전략에 관한 연구)

  • Kim, Byeong-Chan;Choi, Jin-Yeong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.3
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    • pp.110-116
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    • 2008
  • Operational strategy for inventory control in the distribution system has been given attention. If an individual enterprise implements the strategy, it is not easy to gain scale merits because of limited quantity or burden of inventory. In this study, we propose an operational strategy for inventory control that considers managerial integration of regional distribution centers (RDCs) and present a model of it. In a network of several RDCs, they could share inventory information and supply parts for others in case of an inventory shortage. And a numerical example of the network is illustrated, which compares two operational strategies, integration management of RDCs and individual management of them. The result shows total cost reduction in the strategy of integration management through the efficient inventory control of multi-echelon distribution.

Inventory Control Strategy through Efficient Leadtime Management in Multi-Echelon Distribution System (다단계 분배시스템에서의 효율적 조달기간 관리를 통한 재고통제전략)

  • 김영식;최진영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.38
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    • pp.77-83
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    • 1996
  • The design of multi -echelon distribution system is need for appropriate inventory control strategy considering for systematic tradeoff between trunk cost in central warehouse and inventory cost in regional warehouse. This study presents a method of the efficient inventory control of multi-echelon distribution system through partial leadtime management.

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A Study on the Operation of Physical Distribution System with the Allocation of Safety Stock (안전재고입지를 고려한 물적 분배시스템 운영에 관한 연구)

  • 김병찬;김형준
    • Journal of the Korea Safety Management & Science
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    • v.3 no.3
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    • pp.77-86
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    • 2001
  • An operational strategy for inventory control on finished goods in the distribution system has been given attention to many enterprises and many studies regarding this field have been done and is also on-going currently. Many of these studies represented a large scale distribution network with a unified formulation by using defined symbols. These methods have provided the systematic approach of the distribution network but they are impossible to applying the reality system due to not considering the service rate of demand and treating the shortage of inventory. In order to overcome these unrealistic problems, the novel safety stock policy of responding to customers' inventory distribution network is suggested. this paper explores the transportation between Central Distribution Center(CDC) and Regional Distribution Center(RDC). Especially, the relation of transportation cost between CDC and RDC and cost of inventory control according to safety inventory with service level are emphasized. We could obtain the good results of this study by determining the optimal safety stock considering the various variables and constraints.

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A Study on the (Q, r) Inventory Model under the Lead Time Uncertainty and its Application to the Multi-level Distribution System (주문 인도기간이 불확실한 상황에서의 (Q, r) 재고 부형과 다단계 분배 시스템의 응용에 관한 연구)

  • 강석호;박광태
    • Journal of the Korean Operations Research and Management Science Society
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    • v.11 no.1
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    • pp.44-50
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    • 1986
  • In this paper, we find optimal policy for the (Q, r) inventory model under the lead time uncertainty. The (Q, r) inventory model is such that the fixed order quantity Q is placed whenever the level of on hand stock reaches the reorder point r. We first develop the single level inventory model as the basis for the analysis multi-level distribution systems. The functional problem is to determine when and how much to order in order to minimize the expected total cost per unit time, which includes the set up, inventory holding and inventory shortage cost. The model, then, is extended to the multi-level distribution system consisting of the factory, warehouses and retailers. In this case, we also find an optimal policy which minimizes the total cost of the contralized multi-level distribution system.

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Analysis of Multi-Level Inventory Distribution System for an Item with Low Level of Demand

  • Lee, Jin-Seok;Yoon, Seung-Chul
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.60
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    • pp.11-22
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    • 2000
  • The main objective of this research is to analyze an order point and an order quantity of a distribution center and each branch to attain a target service level in multi-level inventory distribution system. In case of product item, we use the item with low volume of average monthly demand. Under the continuous review method, the distribution center places a particular order quantity to an outside supplier whenever the level of inventory reaches an order point, and receives the order quantity after elapsing a certain lead time. Also, each branch places an order quantity to the distribution center whenever the level of inventory reaches an order point, and receives the quantity after elapsing a particular lead time. When an out of stock condition occurs, we assume that the item is backordered. For considering more realistic situations, we use generic type of probability distribution of lead times. In the variable lead time model, the actually achieved service level is estimated as the expected service level. Therefore, this study focuses on the analysis of deciding the optimal order point and order quantity to achieve a target service level at each depot as a expected service level, while the system-wide inventory level is minimized. In addition, we analyze the order level as a maximum level of inventory to suggest more efficient way to develop the low demand item model.

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Study on Dangerous Cut-slopes Distribution Using Inventory Data in Chungcheongdo (절토사면 현황자료를 이용한 충청도 관내 위험절토사면 분포 연구)

  • Kim, Jin-Hwan;Koo, Ho-Bon;Rhee, Jong-Hyun;Yun, Chun-Joo
    • Proceedings of the Korean Geotechical Society Conference
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    • 2008.03a
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    • pp.858-862
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    • 2008
  • KICT has been carrying out inventory research on the cut slopes of national roads. Inventory research results are basic data used in cut slope management system. Inventory data are classified by general status, cut slope characteristics and inspector opinion. Cut slope inventory data are utilized to figure out dangerous slopes and decide survey ranking of detailed safety diagnostication. This paper drew the distribution of dangerous cut slopes using inventory data in Chungcheongdo, then verified an efficiency on distribution of dangerous cut slopes by comparing occurrence frequency of real collapsed cut slopes.

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Determination for hazardous area of cut slopes base on inventory data in Chungcheongdo (절토사면 현황자료를 이용한 충청도 관내 위험지구 결정)

  • Kim, Jin-Hwan;Koo, Ho-Bon;Rhee, Jong-Hyun;Yoon, Chun-Joo
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.585-588
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    • 2008
  • KICT has been carried out inventory research on the cut slopes of national roads. Inventory research results are basic data using cut slope management system. Inventory data are classified by general status, cut slope characteristics and inspector opinion. Inventory data are utilized to figure out dangerous slopes and decide survey ranking of detailed safety diagnostication. This paper drew the distribution area of dangerous cut slopes using inventory data in Chungcheongdo, and verified efficiency on distribution area of dangerous cut slopes by comparing occurrence frequency of real collapsed cut slopes.

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A Model of Dynamic Transportation Planning of the Distribution System Using Genetic Algorithm (유전 알고리듬을 이용한 물류시스템의 동적 수송계획 모형)

  • Chang Suk-Hwa
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.27 no.2
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    • pp.102-113
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    • 2004
  • This paper addresses the transportation planning that is based on genetic algorithm for determining transportation time and transportation amount of minimizing cost of distribution system. The vehicle routing of minimizing the transportation distance of vehicle is determined. A distribution system is consisted of a distribution center and many retailers. The model is assumed that the time horizon is discrete and finite, and the demand of retailers is dynamic and deterministic. Products are transported from distribution center to retailers according to transportation planning. Cost factors are the transportation cost and the inventory cost, which transportation cost is proportional to transportation distance of vehicle when products are transported from distribution center to retailers, and inventory cost is proportional to inventory amounts of retailers. Transportation time to retailers is represented as a genetic string. The encoding of the solutions into binary strings is presented, as well as the genetic operators used by the algorithm. A mathematical model is developed. Genetic algorithm procedure is suggested, and a illustrative example is shown to explain the procedure.

Determination of the Transportation Cycle Time and the Vehicle Size in a Distribution System (물류시스템에서 수송주기와 차량크기의 결정)

  • Chang Suk-Hwa
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.27 no.4
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    • pp.23-32
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    • 2004
  • This paper addresses a model for the transportation planning that determines the transportation cycle time and the vehicle size to minimize the cost in a distribution system. The vehicle routing to minimize the transportation distance of the vehicles is also determined. A distribution system is consisted of a distribution center and many retailers. Products are transported from distribution center to retailers according to transportation planning. A model is assumed that the time horizon is continuous and infinite, and the demand of retailers is constant and deterministic. Cost factors are the transportation cost and the inventory cost, which the transportation cost is proportional to the transportation distance of vehicle when products are transported from distribution center to retailers, and the inventory cost is proportional to inventory amounts of retailers. A transportation cycle time and a vehicle size are selected among respective finite alternatives. The problem is analyzed, and a illustrative example is shown.