Development of a Part Criticality Index in Inventory Management
| Autor: | Liudas Panavas, Clint Saidy, Ramy Harik, Abdel-Moez E. Bayoumi, Joseph Khoury |
|---|---|
| Přispěvatelé: | University of South Carolina [Columbia], Methode Electronics Middle East, S.A.L., José Ríos, Alain Bernard, Abdelaziz Bouras, Sebti Foufou, TC 5, WG 5.1 |
| Jazyk: | angličtina |
| Rok vydání: | 2017 |
| Předmět: |
Inventory control
Criticality 0209 industrial biotechnology Operations research Manufacturing process Computer science Supply chain 05 social sciences Uncertainty 02 engineering and technology Inventory management 020901 industrial engineering & automation 8. Economic growth 0502 economics and business [INFO]Computer Science [cs] 050203 business & management Stock (geology) |
| Zdroj: | IFIP Advances in Information and Communication Technology 14th IFIP International Conference on Product Lifecycle Management (PLM) 14th IFIP International Conference on Product Lifecycle Management (PLM), Jul 2017, Seville, Spain. pp.184-195, ⟨10.1007/978-3-319-72905-3_17⟩ Product Lifecycle Management and the Industry of the Future ISBN: 9783319729046 PLM |
| DOI: | 10.1007/978-3-319-72905-3_17⟩ |
| Popis: | Part 3: PLM and Process Simulation; International audience; Due to uncertainties in demand, some parts might go out of stock during the manufacturing process leading to backorders if an out-of-stock part is critical. In order to reduce additional cost it is important to optimize restocking processes. To do so, the concept of Part Criticality is used to rank and prioritize parts involved in the production of different products. In this paper, we develop an algorithm to get the Compound Global Index which represents the part criticality. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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