The implementation of supplier managed inventory program

Pao Yue-kong Library Electronic Theses Database

The implementation of supplier managed inventory program

 

Author: Ngan, Kai-tai
Title: The implementation of supplier managed inventory program
Degree: M.Sc.
Year: 1999
Subject: Inventory control -- Data processing
Hong Kong Polytechnic University -- Dissertations
Department: Multi-disciplinary Studies
Dept. of Applied Mathematics
Pages: iv, 68, [33] leaves : ill. ; 30 cm
Language: English
InnoPac Record: http://library.polyu.edu.hk/record=b1483522
URI: http://theses.lib.polyu.edu.hk/handle/200/623
Abstract: This project presents the development of simulation models for evaluating the operation of a win-win supplier managed inventory (SMI) program. Simulation models were built in Excel Macro languages, which run in any Wintel platform with Microsoft Excel 97 desktop application. The experimental design technique was used to determine the main effects of various controllable input factors, namely, reorder levels, minimum inventory levels, and buffer levels, on the overall system performance. Trade-off curves, which pin-pointed the interest of the manufacturer and its supplier, were plotted and favourable combinations of operating levels of various controllable input factors for both parties were obtained. With the recent advancement in information technology, inventory reviews can cost-effectively be reduced from weekly basis to daily basis. Improved service level with less inventory level can be achieved but small batch delivery became frequent. SMI program is a new concept which brings mutual benefits to both the customer and the supplier. This project revealed some of the rules of engagement to better coordinate both parties for the successful implementation of a SMI program.

Files in this item

Files Size Format
b14835228.pdf 2.693Mb PDF
Copyright Undertaking
As a bona fide Library user, I declare that:
  1. I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
  2. I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
  3. I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.

     

Quick Search

Browse

More Information