Observations on modelling strategies for vendor managed inventory.
White, Anthony S. and Censlive, Michael (2004) Observations on modelling strategies for vendor managed inventory. In: The Second International Conference on Manufacturing Research ICMR2004., 7 - 9 September 2004, Sheffield Hallam University, Sheffield, UK. (Unpublished)
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This paper describes a systems approach to control vendor managed inventory (VMI). The effect of different modelling techniques and their significance is examined. Modelling was achieved with the Simulink package using the equations developed by Disney and Towill for a VMI system model. Analysis of several types of delay representation were compared to illustrate how the results depend on their formulation. Reduced inventory stock-out and a smaller WIP peak are achieved with different order smoothing function. This has special significance for e-manufacture.
|Item Type:||Conference or Workshop Item (Paper)|
Incorporating the 20th UK National Conference on Manufacturing Research NCMR.
|Research Areas:||Science & Technology > Algorithms, Architecture & Networks|
|Deposited On:||08 Mar 2010 12:07|
|Last Modified:||06 Feb 2013 11:27|
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