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Improving Inventory Policy within Thales Supply Chain

Harten, J.L. van (2023) Improving Inventory Policy within Thales Supply Chain.

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Abstract:Thales, a high advanced radar company, operates with the help of its complex supply chain. They face unique challenges due to being a high mix and low volume industry. For their warehouse this essentially means that for producing a single product, many different components are required since there is almost no standardization in the parts used over all product classes. Over the past few years Thales stock value has been increasing substantially. One notable reason for this is the increase in the demand for their products. Other reasons exist, like minimum order quantities, however a notable outcome of this stock increase is the accumulation of dead and excess stock within their warehouses. Overall Thales is looking for ways to reduce stock since the increase in stock value has become significant and this is not sustainable in the long term.
Item Type:Essay (Master)
Clients:
Thales, Hengelo, Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:30 exact sciences in general
Programme:Industrial Engineering and Management MSc (60029)
Link to this item:https://purl.utwente.nl/essays/97715
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