<div class="csl-bib-body">
<div class="csl-entry">Schmid, A., Sobottka, T., & Sihn, W. (2022). DISPO 4.0 | Digitalization of Inventory Calculation in Consumption-Based Material Requirements Planning in the Capital Goods Industry. In D. Herberger & M. Hübner (Eds.), <i>Proceedings of the Conference on Production Systems and Logistics: CPSL 2022</i> (pp. 632–641). publish-Ing. https://doi.org/10.15488/12173</div>
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/152742
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dc.description.abstract
This paper presents a material requirements planning method that determines optimal safety stock levels using a heuristic optimization, based on a deterministic simulation of stock levels. Material requirements planning is a key competitiveness factor in a volatile, global market environment and is becoming increasingly complex due to the availability of more products, product variants and fluctuating demand. Digitalization offers significant potential benefits for this planning domain, however, tools ready for use in industry applications are still lacking, leading to untapped potential in companies. The approach presented herein investigates available safety stock calculation algorithms, develops a heuristic-based optimization method that determines the best fitting algorithm for each product and optimally parameterizes the algorithm. The method utilizes a deterministic simulation as an evaluation function. A case study for a company in the capital good industry is implemented to evaluate the application potential. The results reflect significantly improved service levels with a minor increase in cost.
en
dc.language.iso
en
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/
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dc.subject
algorithms
en
dc.subject
calculation of stock
en
dc.subject
consumption-based material requirements planning
en
dc.subject
Digitalization
en
dc.subject
heuristic optimization
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dc.subject
inventory calculation
en
dc.subject
safety stock
en
dc.subject
safety stock planning
en
dc.subject
simulation
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dc.title
DISPO 4.0 | Digitalization of Inventory Calculation in Consumption-Based Material Requirements Planning in the Capital Goods Industry
en
dc.type
Inproceedings
en
dc.type
Konferenzbeitrag
de
dc.rights.license
Creative Commons Attribution 3.0 Unported
en
dc.rights.license
Creative Commons Namensnennung 3.0 Unported
de
dc.relation.doi
10.15488/12314
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dc.description.startpage
632
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dc.description.endpage
641
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dcterms.dateSubmitted
2022
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dc.type.category
Full-Paper Contribution
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tuw.booktitle
Proceedings of the Conference on Production Systems and Logistics: CPSL 2022
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tuw.peerreviewed
true
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tuw.relation.publisher
publish-Ing
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tuw.relation.publisherplace
Hannover
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tuw.publication.invited
invited
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tuw.researchTopic.id
X1
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tuw.researchTopic.name
Beyond TUW-research foci
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tuw.researchTopic.value
100
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tuw.publication.orgunit
E330-02 - Forschungsbereich Betriebstechnik, Systemplanung und Facility Management