Comparison of Stochastic- and Guaranteed-Service Approaches to Safety Stock Optimization in Supply Chains

2007 ◽  
pp. 485-490 ◽  
Author(s):  
Steffen Klosterhalfen ◽  
Stefan Minner
Keyword(s):  
Supply Chains ◽  
Safety Stock ◽  
Guaranteed Service

Optimizing Strategic Safety Stock Placement in Supply Chains with Clusters of Commonality

2006 ◽  
Vol 54 (4) ◽  
pp. 725-742 ◽  
Author(s):  
Salal Humair ◽  
Sean P. Willems
Keyword(s):  
Supply Chains ◽  
Safety Stock

Optimising reorder intervals and order-up-to levels in guaranteed service supply chains

2013 ◽  
Vol 52 (1) ◽  
pp. 149-164 ◽  
Author(s):  
Ayse Sena Eruguz ◽  
Zied Jemai ◽  
Evren Sahin ◽  
Yves Dallery
Keyword(s):  
Supply Chains ◽  
Guaranteed Service ◽  
Service Supply Chains

Incorporating Stochastic Lead Times Into the Guaranteed Service Model of Safety Stock Optimization

2013 ◽  
Vol 43 (5) ◽  
pp. 421-434 ◽  
Author(s):  
Salal Humair ◽  
John D. Ruark ◽  
Brian Tomlin ◽  
Sean P. Willems
Keyword(s):  
Lead Times ◽  
Service Model ◽  
Safety Stock ◽  
Stochastic Lead Times ◽  
Guaranteed Service

Optimizing Strategic Safety Stock Placement in Supply Chains

2000 ◽  
Vol 2 (1) ◽  
pp. 68-83 ◽  
Author(s):  
Stephen C. Graves ◽  
Sean P. Willems
Keyword(s):  
Supply Chains ◽  
Safety Stock

scholarly journals Evaluation of Stock Management Strategies Reliability at Dependent Demand

2017 ◽  
Vol 18 (1) ◽  
pp. 60-69 ◽  
Author(s):  
Valery Lukinskiy ◽  
Vladislav Lukinskiy
Keyword(s):  
Supply Chains ◽  
Inventory Management ◽  
Management Strategies ◽  
Stock Management ◽  
Significant Progress ◽  
Safety Stock ◽  
The Core ◽  
Methodical Approach ◽  
Reducing Costs ◽  
Dependent Demand

Abstract For efficiently increasing the logistic systems, the core specialists’ attention has to be directed to reducing costs and increasing supply chains reliability. A decent attention to costs reduction has already been paid, so it can be stated that in this way there is a significant progress. But the problem of reliability evaluation is still insufficiently explored, particularly, in such an important sphere as inventory management at the dependent demand. In the article there is a suggested methodical approach that allows calculating the safety stock quantity at the dependent demand in view of supply chains reliability requirements; the variants for different inventory management strategies at the dependent demand are examined; optimal strategy choice algorithm and results of total costs calculation in view of the reliability are given.

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