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Lean Medical Inventory Management in Hospitals
Marasli, Hikmet - 2017
Literature on healthcare supply chain management has shown that the lean system can provide significant benefits.It known that success in lean management doesn't come with employees but through current technology and clinical perfection.The effort of serving society causes hospitals to spend...
Persistent link: https://www.econbiz.de/10012964461
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Inventory Integration with Rational Consumers
Aflaki, Arian - 2020
We study the value of inventory integration (or pooling) for a firm selling a seasonal good over two periods: in the first period the firm charges a high price, and in the second period the firm charges a low price to clear remaining inventory. Consumers are rational and decide when to visit the...
Persistent link: https://www.econbiz.de/10012855124
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Spare Parts Logistics and Installed Base Information
Jalil, Muhammad Naiman - 2010
Many of the challenges in spare parts logistics emerge due to the combination of large service networks, and sporadic … service operations motivate companies to invest and optimize the service logistics function. An important aspect of the spare … parts logistics function is its ability to support customer-specific requirements with respect to service deadlines. To …
Persistent link: https://www.econbiz.de/10012757980
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Reverse Logistics - a Review of Case Studies
de Brito, M. P.; Dekker, Rommert; Flapper, Simme D. P. - 2012
. Reverse Logistics dealswith the processes associated with the reverse stream fromusers/owners to re-users. This paper provides … a review and contentanalysis of scientific literature on reverse logistics case studies.Over sixty case studies are …
Persistent link: https://www.econbiz.de/10014083591
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Sequencing Heuristics for Storing and Retrieving Unit Loads in 3d Compact Automated Warehousing Systems
Yu, Yugang - 2011
Sequencing unit load retrieval requests has been studied extensively in literature for conventional single-deep automated warehousing systems. A proper sequence can greatly reduce the makespan when carrying out a group of such requests. Although the sequencing problem is NP-hard some very good...
Persistent link: https://www.econbiz.de/10013128047
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Determination of Safety Stocks in a Lost Sales Inventory System with Periodic Review, Positive Lead-Time, Lot-Sizing and a Target Fill Rate
van Donselaar, K. H. - 2011
An approximation for the fill rate, i.e. the percentage of demand being delivered from inventory on hand immediately, is derived for items in a periodic review inventory control system with lost sales. We assume demand is stochastic and discrete, lead times are positive and replenishments are...
Persistent link: https://www.econbiz.de/10013132280
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A Value-Oriented Framework for Inventory Management
Michalski, Grzegorz - 2011
The basic financial purpose of a firm is to maximize its value. An inventory management system should also contribute to the realization of this basic aim. Many current asset management models found in financial management literature were constructed with the assumption of book profit...
Persistent link: https://www.econbiz.de/10013125286
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i3 : Incomplete Information Inventory Models
Sethi, Suresh - 2014
Inventory control is among the most important topics in operations research because of large investments in inventory and their effect on the profitability of the firms. A systematic analysis of inventory problems began with the development of the classical EOQ formula of Ford W. Harris in 1913,...
Persistent link: https://www.econbiz.de/10013069017
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Supply Chain Structure, Inventory Turnover, and Financial Performance : Evidence from Manufacturing Companies in China
Hu, Shanshan - 2014
Using data collected by the World Bank, we empirically investigate the relationship between Chinese manufacturers' supply chain attributes, raw material and finished goods inventory turnover, and return on sales. Our findings indicate that location proximity, relationship continuity, and the...
Persistent link: https://www.econbiz.de/10013069330
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An Integrated Inventory-Transportation System with Periodic Pick-Ups and Leveled Replenishment
Volling, Thomas - 2013
In this paper we develop a combined inventory-transportation system. The general idea is to integrate a simple replenishment policy with a routing component to derive operationally consistent standard routes as a basis for milk run design. The most interesting feature of the approach is that we...
Persistent link: https://www.econbiz.de/10013072896