An approach for designing order size dependent lead time models for use in inventory and supply chain management

Peter Nielsen*, Zbigniew Michna

*Kontaktforfatter

Publikation: Bidrag til bog/antologi/rapport/konference proceedingKonferenceartikel i proceedingForskningpeer review

2 Citationer (Scopus)

Abstract

This paper addresses the issue of lead time behavior in supply chains. In supply chains without information sharing a supply chain member can only use the information they observe; orders/demand and their lead times. Using this information four different scenarios of lead time behavior are suggested and discussed. Based on this discussion an analytical approach is proposed that investigates the link between order quantities and lead times. This approach is then demonstrated on data from a company. In the particular case it is determined that there seems to be a link between order quantities and lead times, indicating that a complex lead time model may be necessary. It is also concluded that current state of supply chain management does not offer any methods to address this link between order quantities and lead times and that therefore further research is warranted.

OriginalsprogEngelsk
TitelIntelligent Decision Technologies 2016 : Proceedings of the 8th KES International Conference on Intelligent Decision Technologies (KES-IDT 2016) – Part I
RedaktørerIreneusz Czarnowski, Alfonso Mateos Caballero, Robert J. Howlett, Lakhmi C. Jain
Antal sider11
ForlagSpringer
Publikationsdato2016
Sider15-25
ISBN (Trykt)978-3-319-39629-3
ISBN (Elektronisk)978-3-319-39630-9
DOI
StatusUdgivet - 2016
Begivenhed8th KES International Conference on Intelligent Decision Technologies, KES-IDT 2016 - Puerto de la Cruz, Tenerife, Spanien
Varighed: 15 jun. 201617 jun. 2016

Konference

Konference8th KES International Conference on Intelligent Decision Technologies, KES-IDT 2016
Land/OmrådeSpanien
ByPuerto de la Cruz, Tenerife
Periode15/06/201617/06/2016
NavnSmart Innovation, Systems and Technologies
Vol/bind56
ISSN2190-3018

Emneord

  • Supply chain management
  • Lead times
  • Bullwhip effect
  • Stochastics

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