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Inventory positioning in a distribution network | |
Author | Gunawardana, Prasadi Watsala |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering in Industrial Engineering and Management |
Publisher | Asian Institute of Technology |
Abstract | In supply chains, products and components are manufactured in different facilities where inventory costs make up a significant proportion of total network costs. Furthermore, optimized positioning of inventory will have significant effect on network costs. It has been confirmed by various studies that the application of VMI system is more beneficial in all conditions than the traditional system. It was advised that when moving farther from the extent points, the VMI systems given much more benefits in minimizing cost of the entire supply chain. In this research, different inventory positioning policies will be analyzed in order to find the best policy. These policies will define how much inventory will be positioned among each retailer and distributor. The examined supply chain will be a simple three level system with retailers, a distributor and a supplier. Using Simio simulation software, the best policy and optimal positioning decision of inventory will be determined. |
Year | 2016 |
Type | Thesis |
School | School of Engineering and Technology (SET) |
Department | Department of Industrial Systems Engineering (DISE) |
Academic Program/FoS | Microelectronics (ME) |
Chairperson(s) | Huynh Trung Luong; |
Examination Committee(s) | Voratas Kachitvichyanukul;Bohez, Erik L. J.; |
Scholarship Donor(s) | AIT Fellowship; |
Degree | Thesis (M. Eng.) -- Asian Institute of Technology, 2016 |