Management of Assortment Inventory Groups in Selected Foundry

As experience shows the practical, reliable assessment and optimisation of total costs of logistical processes implemented in supply chains of foundry plants is a quite complex and complicated process, because it requires to enclose all, without exception, performed actions, including them in variou...

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Main Authors: Szymszal J., Kuczyńska-Chałada M., Król J.
Format: Article
Language:English
Published: Polish Academy of Sciences 2015-09-01
Series:Archives of Foundry Engineering
Subjects:
Online Access:http://www.degruyter.com/view/j/afe.2015.15.issue-3/afe-2015-0062/afe-2015-0062.xml?format=INT
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author Szymszal J.
Kuczyńska-Chałada M.
Król J.
author_facet Szymszal J.
Kuczyńska-Chałada M.
Król J.
author_sort Szymszal J.
collection DOAJ
description As experience shows the practical, reliable assessment and optimisation of total costs of logistical processes implemented in supply chains of foundry plants is a quite complex and complicated process, because it requires to enclose all, without exception, performed actions, including them in various reference cross-sections, systematic activities and finally transforming them in a totally homogenous collection. Only solid analysis and assessment of assortment management in logistical supply systems in foundry plants of particular assortment groups allows to lower the supply costs significantly. In the article the analysis and assessment of the newest implemented optimising algorithms are presented in the process stock management of selected material groups used in a production process of a chosen foundry plant. A practical solution to solve a problem of rotary stock cost minimisation is given as well as of costs while creating a stock with the usage of economical volume and value of order.
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spelling doaj.art-79ba5fc065634d81a35ed64e7afd261d2023-09-02T23:40:10ZengPolish Academy of SciencesArchives of Foundry Engineering2299-29442015-09-01153677010.1515/afe-2015-0062afe-2015-0062Management of Assortment Inventory Groups in Selected FoundrySzymszal J.0Kuczyńska-Chałada M.1Król J.2 Production Engineering Department, Silesian University of Technology, 8 Krasińskiego St., 40-019 Katowice, Poland Production Engineering Department, Silesian University of Technology, 8 Krasińskiego St., 40-019 Katowice, Poland Production Engineering Department, Silesian University of Technology, 8 Krasińskiego St., 40-019 Katowice, PolandAs experience shows the practical, reliable assessment and optimisation of total costs of logistical processes implemented in supply chains of foundry plants is a quite complex and complicated process, because it requires to enclose all, without exception, performed actions, including them in various reference cross-sections, systematic activities and finally transforming them in a totally homogenous collection. Only solid analysis and assessment of assortment management in logistical supply systems in foundry plants of particular assortment groups allows to lower the supply costs significantly. In the article the analysis and assessment of the newest implemented optimising algorithms are presented in the process stock management of selected material groups used in a production process of a chosen foundry plant. A practical solution to solve a problem of rotary stock cost minimisation is given as well as of costs while creating a stock with the usage of economical volume and value of order.http://www.degruyter.com/view/j/afe.2015.15.issue-3/afe-2015-0062/afe-2015-0062.xml?format=INTComputer support of casting productionSupply logistics in a foundry plant
spellingShingle Szymszal J.
Kuczyńska-Chałada M.
Król J.
Management of Assortment Inventory Groups in Selected Foundry
Archives of Foundry Engineering
Computer support of casting production
Supply logistics in a foundry plant
title Management of Assortment Inventory Groups in Selected Foundry
title_full Management of Assortment Inventory Groups in Selected Foundry
title_fullStr Management of Assortment Inventory Groups in Selected Foundry
title_full_unstemmed Management of Assortment Inventory Groups in Selected Foundry
title_short Management of Assortment Inventory Groups in Selected Foundry
title_sort management of assortment inventory groups in selected foundry
topic Computer support of casting production
Supply logistics in a foundry plant
url http://www.degruyter.com/view/j/afe.2015.15.issue-3/afe-2015-0062/afe-2015-0062.xml?format=INT
work_keys_str_mv AT szymszalj managementofassortmentinventorygroupsinselectedfoundry
AT kuczynskachaładam managementofassortmentinventorygroupsinselectedfoundry
AT krolj managementofassortmentinventorygroupsinselectedfoundry