Trade-off between service and inventory costs : rationalizing safety stock settings within NXP semiconductors

Roeloffzen, M.W.H. (2007) Trade-off between service and inventory costs : rationalizing safety stock settings within NXP semiconductors.

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Abstract:NXP operates in a highly dynamic and globalized semiconductor market. The NXP supply chain control is like it peers in semiconductor business quite complex. To manage the supply chain and to deal with the market characteristics, six so called Business Renewal II objectives were launched as part of the one page strategy. On one hand the BR II objectives target for a lower break-even point and on the other hand it aims for operational excellence. For supply chain management this translates in lower stock targets on one hand and better supply chain performance on the other hand. Because of the existing link between these two objectives, this research will support the inventory management project team within the Global Supply Chain Management Competence Center by providing insights in the dynamics between inventory levels and the perceived service levels. With these insights, reducing inventories in an uncontrolled way will be avoided and customer service will be increased.
Item Type:Essay (Master)
Clients:
NXP
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:http://purl.utwente.nl/essays/58169
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