Parameter Setting for Strategic Buffers in Demand-Driven Material Resource Planning through Statistical Analysis and Optimisation of Buffer Levels

Parameter Setting for Strategic Buffers in Demand-Driven Material Resource Planning through Statistical Analysis and Optimisation of Buffer Levels

The Demand-Driven Material Resource Planning (DDMRP) method is one of the newer methods of inventory management in an enterprise. Its creation was initiated by a change in the business environment and the characteristics of today’s supply chains. DDMRP brings a combined pull/push approach to invento...

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Bibliographic Details
Main Authors: Martin Krajčovič, Gabriela Gabajová, Martin Gašo, Marek Schickerle
Format: Article
Language:English
Published: MDPI AG 2024-04-01
Series:Applied Sciences
Subjects:
Demand-Driven Material Resource Planning
strategic buffers
buffer levels
order cycle
safety stock
probability distribution
Online Access:https://www.mdpi.com/2076-3417/14/7/3012

Internet

https://www.mdpi.com/2076-3417/14/7/3012

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