The Impact of Technological Change and OIPs on Lead Time Reduction

2010 ◽  
pp. 215-230
Author(s):  
Krisztina Demeter ◽  
Zsolt Matyusz
Keyword(s):  
Technological Change ◽  
Lead Time ◽  
Lead Time Reduction ◽  
Time Reduction ◽  
The Impact

The impact of stochastic lead time reduction on inventory cost under order crossover

2011 ◽  
Vol 211 (2) ◽  
pp. 274-281 ◽  
Author(s):  
Jack C. Hayya ◽  
Terry P. Harrison ◽  
X. James He
Keyword(s):  
Lead Time ◽  
Inventory Cost ◽  
Lead Time Reduction ◽  
Stochastic Lead Time ◽  
Time Reduction ◽  
The Impact

scholarly journals Effect of Lean Practices on Lead Time Reduction

2021 ◽  
Vol 12 (5) ◽  
pp. 944-952
Author(s):  
Bouchra Hafiane, Et. al.
Keyword(s):  
Artificial Intelligence ◽  
Environmental Factors ◽  
Production Scheduling ◽  
Lead Time ◽  
Operational Research ◽  
Point Of View ◽  
Lead Time Reduction ◽  
Lean Practices ◽  
Time Reduction ◽  
The Impact

This article presents a study on the effect of Lean practices on lead time reduction. In this study, we have proposed the consideration of human, technical and environmental factors in the study of the impact of production scheduling and SMED on manufacturing lead time. Based on the fact that scheduling and SMED go well beyond a calculation function. From our point of view, it is preferable to broaden the field of study of this impact by going beyond the fields of mathematics, operational research and artificial intelligence. In this study, we propose to start from the idea that there are other factors that can influence the expected results, namely human, technical and environmental factors. To achieve this, we went through a literature review and then tried to validate our hypotheses through a quantitative study.

scholarly journals Why Do Companies Need Operational Flexibility to Reduce Waste at Source?

2021 ◽  
Vol 14 (1) ◽  
pp. 367
Author(s):  
Yara Kayyali Elalem ◽  
Isik Bicer ◽  
Ralf W. Seifert
Keyword(s):  
Lead Time ◽  
Demand Uncertainty ◽  
Evolutionary Dynamics ◽  
Environmental Benefits ◽  
Operational Flexibility ◽  
Lead Time Reduction ◽  
Multiple Sourcing ◽  
Quantity Flexibility ◽  
Time Reduction ◽  
The Impact

We analyze the environmental benefits of operational flexibility that emerge in the form of less product waste during the sourcing process by reducing overproduction. We consider three different options for operational flexibility: (1) lead-time reduction, (2) quantity-flexibility contracts, and (3) multiple sourcing. We use a multiplicative demand process to model the evolutionary dynamics of demand uncertainty. We then quantify the impact of key modeling parameters for each operational-flexibility strategy on the waste ratio, which is measured as the ratio of excess inventory when a certain operational-flexibility strategy is employed to the amount when an offshore supplier is utilized without any operational flexibility. We find that the lead-time reduction strategy has the maximum capability to reduce waste in the sourcing process of buyers, followed by the quantity-flexibility and multiple-sourcing strategies, respectively. Thus, our results indicate that operational-flexibility strategies that rely on the localization of production are key to reducing waste and improving environmental sustainability at source.

THE SINGLE-VENDOR SINGLE-BUYER INTEGRATED INVENTORY PROBLEM WITH QUALITY IMPROVEMENT AND LEAD TIME REDUCTION — MINIMAX DISTRIBUTION-FREE APPROACH

2006 ◽  
Vol 23 (03) ◽  
pp. 407-424 ◽  
Author(s):  
LIANG-YUH OUYANG ◽  
KUN-SHAN WU ◽  
CHIA-HUEI HO
Keyword(s):  
Quality Improvement ◽  
Lead Time ◽  
Just In Time ◽  
Inventory Problem ◽  
Distribution Free ◽  
Lead Time Reduction ◽  
Distribution Free Approach ◽  
Time Reduction ◽  
Minimax Distribution Free Approach ◽  
The Impact

In past two decades, the Japanese successful experience in using Just-In-Time (JIT) production has received a great deal of attention. The underlying goal of JIT is to eliminate waste. This can be achieved through various efforts, such as shortening lead time and improving quality. In this paper, we investigate the impact of investing in quality improvement and lead time reduction on the integrated vendor-buyer inventory model with partial backorders. We assume that the lead time demand probability distribution is unknown, while the mean and standard deviation are known and finite. The minimax distribution-free procedure is applied to solve this problem. Also, numerical examples are given to illustrate the results.

Rethinking Lead Time Reduction Investment: A Real Options Perspective

2008 ◽  
Author(s):  
Suzanne de Treville ◽  
Lenos Trigeorgis ◽  
Benjamin Avanzi
Keyword(s):  
Real Options ◽  
Lead Time ◽  
Lead Time Reduction ◽  
Time Reduction

scholarly journals Lead Time Reduction for managing Engineering Changes

2020 ◽  
Vol 998 ◽  
pp. 012027
Author(s):  
S. Kolapkar ◽  
R. S. Bharsakade ◽  
A. U. Rajurkar
Keyword(s):  
Lead Time ◽  
Lead Time Reduction ◽  
Engineering Changes ◽  
Time Reduction

Lead-time reduction in a stochastic inventory system with learning consideration

2003 ◽  
Vol 41 (3) ◽  
pp. 571-579 ◽  
Author(s):  
M. Ben-daya ◽  
M. Hariga
Keyword(s):  
Lead Time ◽  
Inventory System ◽  
Stochastic Inventory ◽  
Lead Time Reduction ◽  
Time Reduction

FE Analysis and Lead Time Reduction by Combined Use of CAD And CAE

2013 ◽  
Author(s):  
S Kasai ◽  
◽  
T Kunisada ◽  
Y Ohtsuki ◽  
R Ikeda ◽  
...  
Keyword(s):  
Lead Time ◽  
Fe Analysis ◽  
Lead Time Reduction ◽  
Combined Use ◽  
Time Reduction
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