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Improving the On Time Delivery performance by the implementation of a Sales Inventory & Operations Planning process / Taking into account the optimization of inventory parameter settings of components with different demand patterns

Donderwinkel, Steven (2015) Improving the On Time Delivery performance by the implementation of a Sales Inventory & Operations Planning process / Taking into account the optimization of inventory parameter settings of components with different demand patterns.

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Abstract:This Master thesis provides an analysis of the On Time Delivery (OTD) performance in the Special Vehicles & Equipment (SV&E) market at Power-Packer Europe and lays a foundation for an improved inventory management system which consists (1) of a component classification model which differentiates components based on their lead time, value, and demand pattern,(2) our newly proposed inventory replenishment policy especially designed for components with an intermittent demand pattern. This new inventory replenishmet policy has been simulated and uses Crostons forecasting method and the order-up-to inventory policy to obain a predefined service level agains the lowest possible costs. This quantitative part is complemented by a qualitative part: (3) the implementation of a Sales Inventory & Operations Planning process (SIOP), which brings together a cross-functional team to improve (system) parameter settings which improves the On Time Delivery to external customers.
Item Type:Essay (Master)
Clients:
Power-Packer
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/68781
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