By Topic

Supply-chain redesign to reduce safety stock levels: sequencing and merging operations

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

4 Author(s)
Houmin Yan ; Sch. of Manage., Univ. of Texas at Dallas, Richardson, TX, USA ; Sriskandarajah, C. ; Sethi, S.P. ; Xiaohang Yue

We investigate the impact of the process of manufacturing and distribution on the safety stock levels in a supply chain. A pipeline hedging method is used to derive a model for estimating the safety stock levels. We propose methods and guidelines to redesign the manufacturing and distribution process to minimize the total safety stock investment for a specified service level. The product family consisting of one product and two products is studied in detail. Conditions and insights for better supply-chain management are developed. These enable us not only to decide when a process redesigning activity is appropriate, but also to suggest the scale and the format of the process redesign. Based on the results obtained, two procedures-resequencing and merging-are developed. Finally, we demonstrate how these procedures can be extended to product families consisting of multiple products in a hierarchical manner.

Published in:

Engineering Management, IEEE Transactions on  (Volume:49 ,  Issue: 3 )