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Improving the inventory control policy of TenCate Grass

Tijhuis, A. (2019) Improving the inventory control policy of TenCate Grass.

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Abstract:This study is conducted at TenCate Grass, which is a global leader in development, production and marketing of synthetic turf components. For this study, there is a focus on the production of yarns. The company already implemented an inventory control policy, however, this policy lacks in support of the parameters and is mostly based on common sense. For example, for the order costs, which are based on the changeover costs, there is no reliable data available. With the use of the policy, the company strives to meet a certain target level against minimum costs. Furthermore, there is a challenge in implementing the policy into the ERP system of the company. Therefore, a research question has been developed which is answered during this study: How to improve the current inventory control policy considering the trade-off between meeting a target cycle service level and reducing inventory costs along with the mapping of changeover costs and how to implement it into the current ERP system?
Item Type:Essay (Master)
Clients:
TenCate Grass, Nijverdal, Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:50 technical science in general, 58 process technology, 85 business administration, organizational science
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:http://purl.utwente.nl/essays/79043
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