• Title/Summary/Keyword: Inventory and Logistics

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A Study on the Introduction Effect of Supply Chain Strategies Using the Analysis of Enterprise Logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Suk-Jae;Kim, Kyung-Sup
    • Korean Management Science Review
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    • v.25 no.2
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    • pp.89-109
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    • 2008
  • As the importance of logistics is increasing, Enterprises try to design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network. Despite of this efforts, Calculating the logistics costs without reflecting the real components of logistics like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies has many limitation to calculate the logistics cost of real enterprise. For overcoming such problem, this paper is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea. Also, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs using the simulation and statistic methods. we expect that analysis results of this paper would be applied various industries and be utilized to the efficient tools for the decision making by planing and execution of the logistics budget from enterprises.

Warehouse Picking Efficiency influence Analysis of Product location by Delivery Frequency (출고빈도별 제품 로케이션 배치에 따른 피킹효율 영향 분석)

  • Yim, Woo-Taek;Park, Hyun-Ho;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.16 no.3
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    • pp.363-368
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    • 2014
  • During the fierce competition among the companies, improvement of logistics center managing efficiency is importantly recognized. Among them, studies on improvement of picking work process on about 55% of logistics center managing costs are continuously conducted. And, most of studies focus on analysis on strengths and weaknesses of picking method performable on the stage of logistics center design, etc, so the purposes of this research are to define load location rule by product releasing frequency in logistics managing environment based on conveyer and suggest expected effects by simulation analyzing method to improve picking managing efficiency.

A Study on the Reliability of Storage/Retrieval for Warehouse Layout Based on Shuttle Rack System (셔틀랙 기반 물류센터의 레이아웃별 반출입 신뢰성에 관한 연구)

  • Seung-Pil Lee;Hyeon-Soo Shin;Hwan-Seong Kim
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2021.11a
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    • pp.101-103
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    • 2021
  • With the rapid increase in the quantity of goods transported worldwide, companies are now started to show great interest in unmanned automated warehouses along with related research and development due to the increase of warehouse efficiency and reduction warehouse manpower. In a number of small warehouses, shuttle rack-based layouts that can handle inventory flow flexibly. However, the shuttle rack-based logistics center does not operate in case of emergency situations (faults, power outages, etc.), which seriously affects the efficiency and inventory management of the entire logistics center. Accordingly, in shuttle rack-based logistics center, we have classified various shuttle passages and RTV passages by layout and have analyzed its characteristics and types, along with derived reliability for each layout. The loading rate was also derived differently according to the number of passages, and have compared and analyzed reliability and loading rate for each layout.

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A Vehicle Routing Model for Multi-Supply Centers Based on Lp-Distance (일반거리산정방법을 이용한 다-물류센터의 최적 수송경로 계획 모델)

  • Hwang, Heung-Suk
    • IE interfaces
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    • v.11 no.1
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    • pp.85-95
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    • 1998
  • This study is focussed on an optimal vehicle routing model for multi-supply centers in two-echelon logistic system. The aim of this study is to deliver goods for demand sites with optimal decision. This study investigated an integrated model using step-by-step approach based on relationship that exists between the inventory allocation and vehicle routing with restricted amount of inventory and transportations such as the capability of supply centers, vehicle capacity and transportation parameters. Three sub-models are developed: 1) sector-clustering model, 2) a vehicle-routing model based on clustering and a heuristic algorithm, and 3) a vehicle route scheduling model using TSP-solver based on genetic and branch-and-bound algorithm. Also, we have developed computer programs for each sub-models and user interface with visualization for major inputs and outputs. The application and superior performance of the proposed model are demonstrated by several sample runs for the inventory-allocation and vehicle routing problems.

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A Method on building SCM between manufacturer and supplier (제조업체와 협력업체간 SCM구축에 관한 방법론)

  • 심상용;박재현;김봉진
    • Journal of the Korea Safety Management & Science
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    • v.3 no.1
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    • pp.35-44
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    • 2001
  • Today's environment of enterprise is changing. They have to face customers' demands with the right product, the right service and supply them at the right time. And aIso cut down logistics and inventory cost and bring up the Profit as much as they can. This means the change of putting enterprise first in importance to putting customer first in importance. therefore to correspond to customer's demand, shorting lead time is becoming a essential condition. The answer to this changes of environment is supply chain management In this study, we use Goldratt's drum-buffer-rope scheduling in between manufacturer and supplier. And when shortage of inventory occur, search for the supply chain's CCR. Pressing CCR for more production, and supply Inventory from logistic center to guide for inventory buffing. using logistic warehouse between manufacturer and supplier, can execute function of buffer.

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The Study of Improvement of Logistics Process by VMI(Vendor Managed Inventory) (VMI 개발에 의한 물류 프로세스 개선에 관한 연구)

  • Lee, Boo-Kyong;Lee, Myong-Bok;Yang, Kwang-Mo;Kang, Kyong-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2005.11a
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    • pp.129-134
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    • 2005
  • VMI(Vendor Managed Inventory)가 사회적인 관심사로 부각되고, 전 부분으로 확산 되고 있음에도 불구하고 VMI의 도입적용에 관한 연구 및 문헌자료는 찾아보기 힘들 정도로 부족한 실정이다. VMI에 관한 연구의 대부분이 재고기법에 관한 응용연구에 편중되고, 공급체인상의 하부기능으로 일부 언급되었을 뿐, 공급체인상의 프로세스를 중심으로 VMI의 실증연구가 이루어진 자료는 전무한 실정이다. 이러한 상황에서 VMI의 도입 구축 프로젝트추진을 계기로 VMI의 적용에 따른 물류 프로세스 개선에 관한 연구를 하였다.

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Advances in Cyber Trade and E-Commerce: Thier Impacts on Ex-Im Logistics Services (전자무역과 전자상거래에 따른 수출입물류서비스 발전방안 연구)

  • 안승범
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.107-134
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    • 2002
  • Globalization of the industry induces the internationalization of any given manufacturing company's supply chain. Development of e-Commerce and Information Technology (IT) changes the logistics structure, making logistics information systems essential. Web-based connectivity and supply chains based on new technologies are becoming essential in the logistics industry. Customers are driving the implementation of systems to ensure timely, thorough, and accurate information, often with immediate access; in response, the Internet has propagated tracking and tracing systems. Value-added services are the key to successful intermediary activities. The nationwide Integrated Logistics Information System (ILIS) aimed to utilize existing and future information infrastructure and knowledge bases to build an integrated logistics information network that would provide comprehensive logistics information services for shippers and carriers in order to improve the efficiency of both inventory and information flows in their supply chains. The ILIS, as one of the seven national information networks, has provided various services, particularly services related to import/export and clearance. Though a survey concerning logistics information services shows rather positive results, shippers and carriers still require better services and reductions in EDI prices. Therefore, the role of the ILIS needs to be re-defined. Short-term plans for the ILIS contain ICD services and XML/EDI services, which are described in detail.

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A Forecast-based Inventory Control Policy for an Item with Non-stationary Demand (비정상 수요를 가진 품목을 위한 예측기반 재고정책)

  • Park, Sung-Il;Kim, Jong-Soo
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.3
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    • pp.216-228
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    • 2011
  • A logistics system involving a supplier who produces and delivers a single product and a buyer who receives and sells the product to the final customers is analyzed. In this system, the supplier and the buyer establish a contract which specifies that the supplier will deliver necessary amount of the product to raise inventory up to a specified position at the beginning of each period. A new periodic order-up-to-level inventory control policy specifically designed for nonstationary end customer's demand is proposed for the system. Simulations are used to test the efficiency of the proposed policy. An analysis of the test results reveals that the proposed policy performs much better than does the existing order-up-to-level policy, especially when the demand is nonstationary.

Simulation for the Decision-making Models of Supply Chain Inventory Management System (공급망 재고관리시스템의 의사결정모형을 위한 시뮬레이션)

  • Chen, Jinhui;Nam, Soo-tae;Jin, Chan-yong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.159-160
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    • 2021
  • From the simulation results, under the collaborative platform of big data based on coordination of the beer industry to mobilize the supply chain operation condition, supply chain direct logistics inventory are in a relatively stable value, and there is no zero inventory or even a serious lack of beer in the stock situations like traditional beer supply chain operation, which avoid the situation of demand information expansion caused by chain inventory levels report because of the serious lack of supply.

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Applying Genetic Algorithm for Can-Order Policies in the Joint Replenishment Problem

  • Nagasawa, Keisuke;Irohara, Takashi;Matoba, Yosuke;Liu, Shuling
    • Industrial Engineering and Management Systems
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    • v.14 no.1
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    • pp.1-10
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    • 2015
  • In this paper, we consider multi-item inventory management. When managing a multi-item inventory, we coordinate replenishment orders of items supplied by the same supplier. The associated problem is called the joint replenishment problem (JRP). One often-used approach to the JRP is to apply a can-order policy. Under a can-order policy, some items are re-ordered when their inventory level drops to or below their re-order level, and any other item with an inventory level at or below its can-order level can be included in this order. In the present paper, we propose a method for finding the optimal parameter of a can-order policy, the can-order level, for each item in a lost-sales model. The main objectives in our model are minimizing the number of ordering, inventory, and shortage (i.e., lost-sales) respectively, compared with the conventional JRP, in which the objective is to minimize total cost. In order to solve this multi-objective optimization problem, we apply a genetic algorithm. In a numerical experiment using actual shipment data, we simulate the proposed model and compare the results with those of other methods.