Developing A Warehouse And Inventory Level Optimization System

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Developing a Warehouse and Inventory Level Optimization System

Author : Frank A. Tillman,Deandra T. Cassone
Publisher : FT Press
Page : 15 pages
File Size : 48,9 Mb
Release : 2012-05-31
Category : Business & Economics
ISBN : 9780132982016

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Developing a Warehouse and Inventory Level Optimization System by Frank A. Tillman,Deandra T. Cassone Pdf

Normal 0 false false false MicrosoftInternetExplorer4 How much warehouse space will your company need throughout the year? That’s a brutally complex question--and companies that get it wrong can waste huge amounts of money. In Developing a Warehouse and Inventory Level Optimization System, Frank A. Tillman and Deandra Cassone introduce a complete model for answering this question more accurately and minimizing warehousing costs without introducing excessive costs elsewhere. Tillman and Cassone help you accurately project how much inventory you’ll need to house to avoid stockouts, by accurately analyzing the demand pattern of each product at the wholesaler level throughout the year and establishing the demand distributions and inventory requirements to cover service for each level of product at each wholesaler. Their sequential analysis establishes the safety stock and inventory levels required to support the desired service level to each wholesaler. Products are next measured as they flow through manufacturing, packaging, warehousing, and distribution to dynamically determine the optimal Full Goods Days Inventory as an output of the system. Tillman and Cassone’s sophisticated simulation approach goes beyond conventional linear programming allocation of resources, helping decision-makers project inventory build-up on a shift-by-shift basis. Their model can help companies prioritize products and allocate resources to maximize profit and customer satisfaction within existing demand and capacity constraints and makes possible detailed scheduling of products through the system.

Demand-Driven Inventory Optimization and Replenishment

Author : Robert A. Davis
Publisher : John Wiley & Sons
Page : 236 pages
File Size : 48,9 Mb
Release : 2013-09-11
Category : Business & Economics
ISBN : 9781118585726

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Demand-Driven Inventory Optimization and Replenishment by Robert A. Davis Pdf

Use demand driven optimized inventory and replenishment to overcome your supply chain weaknesses, and deliver business-maximizing results Reviewing the fundamentals of inventory optimization so that you can attain a demand-driven supply, Demand-Driven Inventory Optimization and Replenishment provides a business look at why present inventory systems sub-optimize the supply chain and faulty replenishment processes lead to wasted time and effort. Straightforward and clearly written, this book allows readers to come away with a good understanding of why optimized inventory and replenishment helps overcome in-system weaknesses and deliver results. Discusses how multi-echelon inventory optimization and replenishment enables installed systems to go from a sequential, "islands of efficiency" approach to a systematic distribution system working as a complete network Provides case studies throughout Reveals how optimized inventory and replenishment delivers results across industry verticals With a historical view of the three major supply chain efforts of the last thirty years, this book discusses mathematical shortcuts set up in the transitional and supply chain management systems that make it very difficult for companies to attain supply chain excellence.

Optimization and Inventory Management

Author : Nita H. Shah,Mandeep Mittal
Publisher : Springer Nature
Page : 470 pages
File Size : 50,8 Mb
Release : 2019-08-31
Category : Business & Economics
ISBN : 9789811396984

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Optimization and Inventory Management by Nita H. Shah,Mandeep Mittal Pdf

This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.

Inventory Management in Multi-Echelon Networks

Author : Christopher Grob
Publisher : Springer
Page : 140 pages
File Size : 43,5 Mb
Release : 2018-08-14
Category : Business & Economics
ISBN : 9783658233754

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Inventory Management in Multi-Echelon Networks by Christopher Grob Pdf

Inventory Management in Multi-Echelon Networks presents methods to plan inventory in distribution networks. By holistically looking at the supply chain, it shows how safety stocks across all echelons can be optimized if inventory of all levels is taken into consideration. The gap between the existence of advanced inventory planning methods and their low penetration in the industry was the motivation for this book. Christopher Grob develops essential algorithms that companies can use for network inventory planning and highlights achievable implementation benefits. The work of the author was inspired by the needs of an after sales supply chain of a large automotive company. This company supplies customers all over the world with spare parts and operates a distribution network with more than 100 warehouses. This supply chain faces two particular challenges: demand is highly uncertain and customers expect a high service level. About the Author Christopher Grob works in after sales supply chain management at a major German automotive company. He is responsible for the functional development of inventory planning systems for the spare parts business. He is an expert in the field of inventory management.

Handbook of Intelligent Computing and Optimization for Sustainable Development

Author : Mukhdeep Singh Manshahia,Valeriy Kharchenko,Elias Munapo,J. Joshua Thomas,Pandian Vasant
Publisher : John Wiley & Sons
Page : 944 pages
File Size : 44,6 Mb
Release : 2022-02-11
Category : Technology & Engineering
ISBN : 9781119792628

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Handbook of Intelligent Computing and Optimization for Sustainable Development by Mukhdeep Singh Manshahia,Valeriy Kharchenko,Elias Munapo,J. Joshua Thomas,Pandian Vasant Pdf

HANDBOOK OF INTELLIGENT COMPUTING AND OPTIMIZATION FOR SUSTAINABLE DEVELOPMENT This book provides a comprehensive overview of the latest breakthroughs and recent progress in sustainable intelligent computing technologies, applications, and optimization techniques across various industries. Optimization has received enormous attention along with the rapidly increasing use of communication technology and the development of user-friendly software and artificial intelligence. In almost all human activities, there is a desire to deliver the highest possible results with the least amount of effort. Moreover, optimization is a very well-known area with a vast number of applications, from route finding problems to medical treatment, construction, finance, accounting, engineering, and maintenance schedules in plants. As far as optimization of real-world problems is concerned, understanding the nature of the problem and grouping it in a proper class may help the designer employ proper techniques which can solve the problem efficiently. Many intelligent optimization techniques can find optimal solutions without the use of objective function and are less prone to local conditions. The 41 chapters comprising the Handbook of Intelligent Computing and Optimization for Sustainable Development by subject specialists, represent diverse disciplines such as mathematics and computer science, electrical and electronics engineering, neuroscience and cognitive sciences, medicine, and social sciences, and provide the reader with an integrated understanding of the importance that intelligent computing has in the sustainable development of current societies. It discusses the emerging research exploring the theoretical and practical aspects of successfully implementing new and innovative intelligent techniques in a variety of sectors, including IoT, manufacturing, optimization, and healthcare. Audience It is a pivotal reference source for IT specialists, industry professionals, managers, executives, researchers, scientists, and engineers seeking current research in emerging perspectives in the field of artificial intelligence in the areas of Internet of Things, renewable energy, optimization, and smart cities.

Integral Warehouse Management

Author : Jeroen P. Van Den Berg
Publisher : Lulu.com
Page : 254 pages
File Size : 53,7 Mb
Release : 2007-05-10
Category : Business & Economics
ISBN : 9781419668760

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Integral Warehouse Management by Jeroen P. Van Den Berg Pdf

Integral Warehouse Management is a new methodology for optimizing distribution centers. It creates transparency, increases the intelligence of WMS's and enhances collaboration in the supply chain.

Readings in Artificial Intelligence and Software Engineering

Author : Charles Rich,Richard C. Waters
Publisher : Morgan Kaufmann
Page : 625 pages
File Size : 43,5 Mb
Release : 2014-06-28
Category : Computers
ISBN : 9781483214429

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Readings in Artificial Intelligence and Software Engineering by Charles Rich,Richard C. Waters Pdf

Readings in Artificial Intelligence and Software Engineering covers the main techniques and application of artificial intelligence and software engineering. The ultimate goal of artificial intelligence applied to software engineering is automatic programming. Automatic programming would allow a user to simply say what is wanted and have a program produced completely automatically. This book is organized into 11 parts encompassing 34 chapters that specifically tackle the topics of deductive synthesis, program transformations, program verification, and programming tutors. The opening parts provide an introduction to the key ideas to the deductive approach, namely the correspondence between theorems and specifications and between constructive proofs and programs. These parts also describes automatic theorem provers whose development has be designed for the programming domain. The subsequent parts present generalized program transformation systems, the problems involved in using natural language input, the features of very high level languages, and the advantages of the programming by example system. Other parts explore the intelligent assistant approach and the significance and relation of programming knowledge in other programming system. The concluding parts focus on the features of the domain knowledge system and the artificial intelligence programming. Software engineers and designers and computer programmers, as well as researchers in the field of artificial intelligence will find this book invaluable.

Advances in Information Systems Development

Author : Gabor Maygar,Gabor Knapp,Wita Wojtkowski,Gregory Wojtkowski,Jože Zupancic
Publisher : Springer Science & Business Media
Page : 523 pages
File Size : 49,9 Mb
Release : 2007-08-28
Category : Computers
ISBN : 9780387708027

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Advances in Information Systems Development by Gabor Maygar,Gabor Knapp,Wita Wojtkowski,Gregory Wojtkowski,Jože Zupancic Pdf

This volume carries the proceedings of the 15th International Conference on Information Systems Development (ISD). ISD progresses rapidly, continually creating new challenges. Progress in ISD comes from research as well as from practice. The aim of the Conference is to provide an international forum for the exchange of ideas and experiences between academia and industry, and to stimulate exploration of new solutions.

Data Warehouse and Data Mining

Author : Dr. Jugnesh Kumar
Publisher : BPB Publications
Page : 261 pages
File Size : 50,6 Mb
Release : 2024-01-25
Category : Computers
ISBN : 9789355517340

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Data Warehouse and Data Mining by Dr. Jugnesh Kumar Pdf

Unveiling insights, unleashing potential: Navigating the depths of data warehousing and mining for a data-driven tomorrow KEY FEATURES ● Explore concepts ranging from fundamentals to advanced techniques of data warehouses and data mining. ● Translate business questions into actionable strategies to make informed decisions. ● Gain practical implementation guidance for hands-on learning. DESCRIPTION Data warehouse and data mining are essential technologies in the field of data analysis and business intelligence. Data warehouse provides a centralized repository of structured data and facilitates data storage and retrieval. Data mining, on the other hand, utilizes various algorithms and techniques to extract valuable patterns, trends, and insights from large datasets. The book explains the ins and outs of data warehousing by discussing its principles, benefits, and components, differentiating it from traditional databases. The readers will explore warehouse architecture, learn to navigate OLTP and OLAP systems, grasping the crux of the difference between ROLAP and MOLAP. The book is designed to help you discover data mining secrets with techniques like classification and clustering. You will be able to advance your skills by handling multimedia, time series, and text, staying ahead in the evolving data mining landscape. By the end of this book, you will be equipped with the skills and knowledge to confidently translate business questions into actionable strategies, extracting valuable insights for informed decisions. WHAT YOU WILL LEARN ● Designing and building efficient data warehouses. ● Handling diverse data types for comprehensive insights. ● Mastering various data mining techniques. ● Translating business questions into mining strategies. ● Techniques for pattern discovery and knowledge extraction. WHO THIS BOOK IS FOR From aspiring data analysts, data professionals, IT managers, to business intelligence practitioners, this book caters to a diverse audience. TABLE OF CONTENTS 1. Introduction to Data Warehousing 2. Data Warehouse Process and Architecture 3. Data Warehouse Implementation 4. Data Mining Definition and Task 5. Data Mining Query Languages 6. Data Mining Techniques 7. Mining Complex Data Objects

MSEA 2023

Author : Gaikar Vilas,Yuriy Shvets,Hrushikesh Mallick
Publisher : European Alliance for Innovation
Page : 859 pages
File Size : 46,5 Mb
Release : 2023-07-21
Category : Mathematics
ISBN : 9781631904158

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MSEA 2023 by Gaikar Vilas,Yuriy Shvets,Hrushikesh Mallick Pdf

The 2nd International Conference on Mathematical Statistics and Economic Analysis (MSEA 2023) was held virtually from 26-28 May 2023 in Nanjing, China. The conference was attended by researchers, teachers, students and engineers in the field of mathematical statistics and economic analysis. Through data statistics and analysis, we can quickly understand the pattern of economic development. This conference combines mathematical statistics and economic analysis, explores the relationship between the two, and provides a platform for experts and scholars in the fields of mathematical statistics and economic analysis to discuss related issues and exchange ideas. Therefore, we hope to create a forum for sharing research results and exploring future research directions, so that participants can learn about the latest research directions, contents and results of mathematical statistics and economic analysis; secondly, we hope that the conference can provide solutions to the major problems facing mathematical statistics and economic analysis, and create a space that encourages discussion and joint development of research, technological development and innovation.

Advances in Simulation, Product Design and Development

Author : M. S. Shunmugam,M. Kanthababu
Publisher : Springer Nature
Page : 854 pages
File Size : 53,7 Mb
Release : 2019-11-06
Category : Technology & Engineering
ISBN : 9789813294875

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Advances in Simulation, Product Design and Development by M. S. Shunmugam,M. Kanthababu Pdf

This volume comprises select proceedings of the 7th International and 28th All India Manufacturing Technology, Design and Research conference 2018 (AIMTDR 2018). The papers in this volume discuss simulations based on techniques such as finite element method (FEM) as well as soft computing based techniques such as artificial neural network (ANN), their optimization and the development and design of mechanical products. This volume will be of interest to researchers, policy makers, and practicing engineers alike.

Applied Economics, Business and Development

Author : Qingyuan Zhou
Publisher : Springer
Page : 626 pages
File Size : 42,7 Mb
Release : 2011-07-22
Category : Computers
ISBN : 9783642230233

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Applied Economics, Business and Development by Qingyuan Zhou Pdf

This four-volume-set (CCIS 208, 209, 210, 211) constitutes the refereed proceedings of the International Symposium on Applied Economics, Business and Development, ISAEBD 2011, held in Dalian, China, in August 2011. The papers address issues related to Applied Economics, Business and Development and cover various research areas including Economics, Management, Education and its Applications.

Artificial Intelligence and Security

Author : Xingming Sun,Jinwei Wang,Elisa Bertino
Publisher : Springer Nature
Page : 719 pages
File Size : 47,9 Mb
Release : 2020-09-12
Category : Computers
ISBN : 9789811580833

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Artificial Intelligence and Security by Xingming Sun,Jinwei Wang,Elisa Bertino Pdf

The 3-volume set CCIS 1252 until CCIS 1254 constitutes the refereed proceedings of the 6th International Conference on Artificial Intelligence and Security, ICAIS 2020, which was held in Hohhot, China, in July 2020. The conference was formerly called “International Conference on Cloud Computing and Security” with the acronym ICCCS. The total of 178 full papers and 8 short papers presented in this 3-volume proceedings was carefully reviewed and selected from 1064 submissions. The papers were organized in topical sections as follows: Part I: artificial intelligence; Part II: artificial intelligence; Internet of things; information security; Part III: information security; big data and cloud computing; information processing.