Perfecting visibility with retailer data
Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014.
| Main Authors: | , |
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| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2015
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| Online Access: | http://hdl.handle.net/1721.1/92655 |
| _version_ | 1826209989309497344 |
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| author | Daniele Primavera Shi, Hang |
| author2 | Jarrod Goentzel. |
| author_facet | Jarrod Goentzel. Daniele Primavera Shi, Hang |
| author_sort | Daniele Primavera |
| collection | MIT |
| description | Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014. |
| first_indexed | 2024-09-23T14:38:44Z |
| format | Thesis |
| id | mit-1721.1/92655 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T14:38:44Z |
| publishDate | 2015 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/926552019-04-12T14:41:29Z Perfecting visibility with retailer data Daniele Primavera Shi, Hang Jarrod Goentzel. Massachusetts Institute of Technology. Engineering Systems Division. Massachusetts Institute of Technology. Engineering Systems Division. Engineering Systems Division. Thesis: M. Eng. in Logistics, Massachusetts Institute of Technology, Engineering Systems Division, 2014. Cataloged from PDF version of thesis. Includes bibliographical references (pages 66-67). This thesis investigates the utility of using retailer point of sales (POS) data in the production planning process of a consumer-packaged goods (CPG) manufacturing company. The quantitative measurements of utility include the improvement of production forecasting, reduction of inventory costs, and reduction of equipment changeover costs. Qualitatively, we evaluate the effectiveness of using POS to drive a more collaborative relationship between the retailer and the manufacturer. The POS data include items sold, store inventory, and warehouse inventory of a retail partner for specific stock keeping units (SKUs) produced by the manufacturer. We develop production-planning models by combining POS data with customer orders, current production plans, and existing inventory positions to optimize manufacturing and inventory costs. The results illustrate that if the aggregate volume of customer orders approximately equaled to that of the POS, then the integration of POS data into manufacturing planning offers opportunities to reduce production and inventory costs. The analysis also points to situations where POS data and customer orders vary significantly; in these situations the proposed production-planning model does not apply, but the POS data provide useful evidence for aligning plans between the manufacturer and the retailer. by Daniele Primavera and Hang Shi. M. Eng. in Logistics 2015-01-05T20:02:40Z 2015-01-05T20:02:40Z 2014 2014 Thesis http://hdl.handle.net/1721.1/92655 898137337 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 67 pages application/pdf Massachusetts Institute of Technology |
| spellingShingle | Engineering Systems Division. Daniele Primavera Shi, Hang Perfecting visibility with retailer data |
| title | Perfecting visibility with retailer data |
| title_full | Perfecting visibility with retailer data |
| title_fullStr | Perfecting visibility with retailer data |
| title_full_unstemmed | Perfecting visibility with retailer data |
| title_short | Perfecting visibility with retailer data |
| title_sort | perfecting visibility with retailer data |
| topic | Engineering Systems Division. |
| url | http://hdl.handle.net/1721.1/92655 |
| work_keys_str_mv | AT danieleprimavera perfectingvisibilitywithretailerdata AT shihang perfectingvisibilitywithretailerdata |