Finished goods inventory reduction by advance production control and shipping schedule incorporated planning

An opportunity for reduction in finished goods inventory level of the Singapore operations of a multi-national food products packaging company was identified during a study of the system in accordance with the World Class Manufacturing philosophy. Changes in planning policy were proposed to remedy t...

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Bibliographic Details
Main Author: Yang, Jingxia
Other Authors: Rajesh Piplani
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/60689
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author Yang, Jingxia
author2 Rajesh Piplani
author_facet Rajesh Piplani
Yang, Jingxia
author_sort Yang, Jingxia
collection NTU
description An opportunity for reduction in finished goods inventory level of the Singapore operations of a multi-national food products packaging company was identified during a study of the system in accordance with the World Class Manufacturing philosophy. Changes in planning policy were proposed to remedy the problem and simulation models were used, on the make- to-order, serial production system to test two potential solutions to the problem. The models used showed great promise for reduction in finished goods and annual holding costs. The advance production control and incorporating shipping schedules into the weekly production planning demonstrated significant results in reducing finished goods inventories.
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spelling ntu-10356/606892020-11-01T11:33:04Z Finished goods inventory reduction by advance production control and shipping schedule incorporated planning Yang, Jingxia Rajesh Piplani School of Mechanical and Aerospace Engineering Singapore-MIT Alliance Programme DRNTU::Engineering::Manufacturing An opportunity for reduction in finished goods inventory level of the Singapore operations of a multi-national food products packaging company was identified during a study of the system in accordance with the World Class Manufacturing philosophy. Changes in planning policy were proposed to remedy the problem and simulation models were used, on the make- to-order, serial production system to test two potential solutions to the problem. The models used showed great promise for reduction in finished goods and annual holding costs. The advance production control and incorporating shipping schedules into the weekly production planning demonstrated significant results in reducing finished goods inventories. ​Master of Science (IMST) 2014-05-29T05:59:00Z 2014-05-29T05:59:00Z 2009 2009 Thesis http://hdl.handle.net/10356/60689 en 54 p. application/pdf
spellingShingle DRNTU::Engineering::Manufacturing
Yang, Jingxia
Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title_full Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title_fullStr Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title_full_unstemmed Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title_short Finished goods inventory reduction by advance production control and shipping schedule incorporated planning
title_sort finished goods inventory reduction by advance production control and shipping schedule incorporated planning
topic DRNTU::Engineering::Manufacturing
url http://hdl.handle.net/10356/60689
work_keys_str_mv AT yangjingxia finishedgoodsinventoryreductionbyadvanceproductioncontrolandshippingscheduleincorporatedplanning