• Title/Summary/Keyword: inventory management system

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Generalized Single Manufacturer and Multiple Retailers Supply Chain Model in JIT Purchasing (JIT구매를 고려한 단일 제조업자-다소매업자의 공급사슬에서 통합재고모형)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.4
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    • pp.25-34
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    • 2011
  • In this paper, we investigate an inventory system where a single manufacturer purchases and processes raw materials in order to deliver finished goods to multiple retailers. Earlier study in this type of supply chain only consider a single raw material in order to produce finished goods, but we consider multi-raw materials in order to produce finished goods. Also, we develop an iterative solution procedure to find the order quantity for the finished goods and raw materials, and the number of shipments between manufacturer and retailers that minimizes the total cost per unit time of the raw materials ordering and holding, manufacture's setup and finished goods holding, the retailer's ordering and inventory holding. Numerical examples are presented to illustrate that jointly considering the total cost results in less total cost than that of considering them separately.

A Study on the Integrated Production-Inventory Model Under Quantity Discount (수량할인하(數量割引下)의 통합생산재고(統合生産在庫)모델에 관(關)한 연구(硏究))

  • Han, Yeong-Seop;Lee, Sang-Yong
    • Journal of Korean Society for Quality Management
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    • v.16 no.1
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    • pp.78-87
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    • 1988
  • The purpose of this study is to develop the algorithm applicable to the integrated production inventory model under quantity discount. To achieve this purpose, the integrated production inventory model which unifies the inventory problem of raw materials and the finished product for a single product manufacturing system is considered. The product is manufactured in batches and the raw materials are obtained from outside suppliers but some of the raw materials are discounted according to the purchasing quantity. The intergrated production inventory problem considered in this study is formulated by the non-linear mixed integer programming model, and the optimal solution is obtained by using the algorithm developed by Goyal. Then, the algorithm developed by this study is applied to the quantity discount problem, and the optimal solution is revised by this results. The quantity discount algorithm of the integrated production inventory model developed by this study gives a systematic procedure to obtain the optimum policy to minimize the total cost in any case. The numerical example involving 20 raw materials and 5 raw materials among them are discounted according to the purchasing quantity is given to verify the mathematical model and the algorithm developed in this study.

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The Proposal of IoT products tracking and inventory management system using IPv6 based on static IP (고정IP 기반의 IPv6를 이용한 사물인터넷 제품 추적 및 재고관리 시스템 제언)

  • Lee, Jeong-Min;Ahn, Jong-Chang;Lee, Ook
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.25 no.2
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    • pp.423-437
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    • 2015
  • The IPv6 which solved the exhaustion problem of IPv4's IP address is going to be used for many kinds of industries. As a result, there are some products which can be connected to other connectable things, it called Internet of Things (IoT). With growing new propagated products including networking, each product can get an IP address of IPv6, which means it is possible that things also have their own IP addresses. Thus, IP address management system is more important and needs tracking and collecting system for unused products with IP addresses. This study suggests new distribution tracking and inventory management system for IoT products, which offers a current location of things and manages stocks in the warehouse with the static IP address and the location-based service.

Development of Production Management System for Medium and Small Companies (중소제조업을 위한 생산관리시스템의 개발)

  • 임수경;오근태
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.36
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    • pp.193-203
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    • 1995
  • The production management system software which can be applied In the medium and small companies is developed. Since the medium and small companies hesitate to install the computer system for production management owing to the lack of funds and the complexities of operation, the system is made to be used in PC and only requires minimum input data. This system is composed of interrelated modules for receive/order release, inventory management MRP, new product registration, document management and production scheduling. In this paper the architecture of the system, functions of each module, and information processing procedures of each funtion are discussed.

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Study on Danger Cut Slopes Distribution Area based on Inventory Data in Chungcheongdo (현황자료를 이용한 충청도 관내 위험절토사면 분포도 작성 연구)

  • Kim, Jin-Hwan;Koo, Ho-Bon;Rhee, Jong-Hyun;Yoon, Chun-Joo
    • The Journal of Engineering Geology
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    • v.18 no.1
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    • pp.37-44
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    • 2008
  • KICT has been carrying out inventory research on the cut slopes of national roads. Inventory research results are basic data to cut slope management system. Inventory data are classified by general status, cut slope characteristics and inspector opinion. Inventory data are utilized to figure out dangerous slopes and decide survey ranking of detailed safety diagnostication. This paper drew the distribution area of dangerous cut slopes using inventory data in Chungcheongdo, and verified efficiency on distribution area of dangerous cut slopes by comparing occurrence frequency of real collapsed cut slopes.

Research for innovation of inventory management and improvement of customer service through building future-oriented stores based on RFID technology (RFID 기술기반의 미래형 매장 구축 사례를 통한 재고관리 혁신과 고객서비스 향상 방안 연구)

  • Lee, Chang Soo;Jung, Young Hoon;Lee, Kwang Hyung;Min, So Yeon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.4 no.3
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    • pp.115-126
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    • 2008
  • This thesis is the research for methods to forecast of dynamic changes at retail stores in the ubiquitous era, and, through adopting RFID based technology, to minimize cost of operation of stores and bringing up better customer service. The core methods had been researched and studied are to build future-oriented stores by providing store system with better customer's convenience based on referring to case studies of future-oriented stores and efficient inventory management method enabling more profitable store, and adopting Smart Carts, Smart Shelf and e-POP and environment sensors as a method in order to provide more improved customer service.

Collaboration Inventory System with Limited Resources and Weibull Distribution Deterioration

  • Wee, Hui-Ming;Law, Sh-Tyan;Yu, Jonas
    • Industrial Engineering and Management Systems
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    • v.6 no.1
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    • pp.1-10
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    • 2007
  • The objective of this study is to develop an optimal joint cost from the perspectives of both the manufacturer and the retailer. The integrated production-inventory model with Weibull distribution deteriorating items is assumed to have a constant demand rate. A limited retailer storage space and multiple delivery per order are considered in this model. A numerical example including the sensitivity analysis is given to validate the results of the production-inventory model.

Optimal Inventory Policy in Beer Distribution Game (Beer Distribution Game에서의 최적 재고정책)

  • 조면식;김현수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.24 no.65
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    • pp.11-22
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    • 2001
  • Recently, many studies on the supply chain management have been published due to increasing attention placed on the design and performance analysis of the supply chain as a whole. Using the Beer distribution game introduced in Sterman[1995], we develop a simple order-up-to-R inventory model to minimize sum of the inventory holding cost and shortage cost under probabilistic demand. We show that performance of the model is robust through extensive simulation experiment. Applying the model to serially connected supply chain, we observe that, if the unit shortage cost is relatively high, R value computed independently is an optimal solution.

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Development of the Standard Blood Inventory Level Decision Rule in Hospitals (병원의 표준 혈액재고량 산출식 개발)

  • Kim, Byoung-Yik
    • Journal of Preventive Medicine and Public Health
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    • v.21 no.1 s.23
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    • pp.195-206
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    • 1988
  • Two major issues of the blood bank management are quality assurance and inventory control. Recently, in Korea blood donation has gained popularity increasingly to allow considerable improvement of the quality assurance with respect to blood collection, transportation, storage, component preparation skills and hematological tests. Nevertheless the inventory control, the other issue of blood bank management, has been neglected so far. For the supply of blood by donation barely meets the demand, the blood bank policy on the inventory control has been 'the more the better.' The shortage itself by no means unnecessitate inventory control. In fact, in spite of shortage, no small amount of blood is outdated. The efficient blood inventory control makes it possible to economize the blood usage in the practice of state-of-the-art medical care. For the efficient blood inventory control in Korean hospitals, this tudy is to develop formulae forecasting the standard blood inventory level and suggest a set of policies improving the blood inventory control. For this study informations of $A^+$ whole bloods and packed cells inventory control were collected from a University Hospital and the Central Blood Bank of the Korean Red Cross. Using this informations, 1,461 daily blood inventory records were formulated.48 varieties of blood inventory control environment were identified on the basis of selected combinations of 4 inventory control variables-crossmatch, transfusion, inhospital donation and age of bloods from external supply. In order to decide the optimal blood inventory level for each environment, simulation models were designed to calculate the measures of performance of each environment. After the decision of 48 optimal blood inventory levels, stepwise multiple regression analysis was started where the independent variables were 4 inventory control variables and the dependent variable was optimal inventory level of each environment. Finally the standard blood inventory level decision rule was developed using the backward elimination procedure to select the best regression equation. And the effective alternatives of the issuing policy and crossmatch release period were suggested according to the measures of performance under the condition of the standard blood inventory level. The results of this study' were as follows ; 1. The formulae to calculate the standard blood inventory level($S^*$)was $S^*=2.8617X(d)^{0.9342}$ where d is the mean daily crossmatch(demand) for a blood type. 2. The measures of performace - outdate rate, average period of storage, mean age of transfused bloods, and mean daily available inventory level - were improved after maintenance of the standard inventory level in comparison with the present system. 3. Issuing policy of First In-First Out(FIFO) decreased the outdate rate, while Last In-First Out(LIFO) decreased the mean age of transfused bloods. The decrease of the crossmatch release period reduced the outdate rate and the mean age of transfused bloods.

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A Study on Establishment of Emission Gas Monitoring System for Major Port Cities (주요 항만도시의 배출가스 모니터링 시스템 구축방안 연구)

  • Kim, U-Seon;Cheon, Min-Su
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2018.05a
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    • pp.55-56
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    • 2018
  • In order to construct an efficient monitoring system for major port cities in Korea, the first step to build and manage related laws and institutional infrastructure with strengthen the cooperation of the relevant agencies, regional port authorities, and port corporations. Second, for the management of air pollutants emitted by ports, a management system should be established through systematic inventory source inventory and real-time monitoring system. Third, active countermeasures should be established to reduce the emission of air pollutants by sources such as ships, harbor equipment, and trucks. This will improve the air quality of major port cities and move them to clean port cities.

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