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Showing 1 to 20 of 33 for “"inventory optimization"”.

  1. Strategic raw material inventory optimization

    … raw materials, Pratt & Whitney holds a strategic inventory of various titanium alloy raw material.

    mit Repository record for Strategic raw material inventory optimization (opens in a new tab)

  2. Inventory optimization in an aerospace supply chain

    Strategic inventory management has become a major focus for Honeywell Aerospace as the business unit challenged itself to meeting cost reduction goals while maintaining a high level of service to its customers. This challenge has become particularly important as customers have steered their …

    mit Repository record for Inventory optimization in an aerospace supply chain (opens in a new tab)

  3. Multi-echelon inventory optimization for fresh produce

    … research focuses on the study of multi-echelon inventory optimization for fresh produce. We investigated the impacts of an additional fulfillment center in a supply chain to justify an improvement in product freshness. We analyzed three relevant factors: transit time, inventory dwell time and …

    mit Repository record for Multi-echelon inventory optimization for fresh produce (opens in a new tab)

  4. Constrained Inventory Optimization on Complex Warehouse Networks

    … increasingly face the problem of optimizing the inventory allocation of various products across a large network of warehouses. In most practical cases, the demand for these products is unknown, and product-level inventory available for distribution across the different warehouses is very limited. …

    mit Repository record for Constrained Inventory Optimization on Complex Warehouse Networks (opens in a new tab)

  5. Location and inventory optimization for service centers

    Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 1993.

    mit Repository record for Location and inventory optimization for service centers (opens in a new tab)

  6. Inventory optimization in high volume aerospace supply chains

    … Given such supply chain parameters as component inventory values, procurement and manufacturing lead times, demand distributions, and bills of material, the ideal safety stock locations and sizes which result in minimal overall inventory levels are calculated by a nonlinear optimization program. …

    mit Repository record for Inventory optimization in high volume aerospace supply chains (opens in a new tab)

  7. Inventory optimization in a retail multi-echelon environment

    The objective of the study is to find an optimal inventory distribution in a retail three-echelon environment, consisting of a supplier, a DC, and stores. An inventory model is built by replicating the echelons' periodic, order-up-to-level policies with all echelons' transactions integrated. …

    mit Repository record for Inventory optimization in a retail multi-echelon environment (opens in a new tab)

  8. Production system improvement : floor area reduction and inventory optimization

    … improve the production area utilization rate and inventory management for the occlusion system product. This thesis shows the Six Sigma approach and methodology the MIT team used to reduce the occlusion system's floor area. Detailed approaches selected by the team in area reduction include …

    mit Repository record for Production system improvement : floor area reduction and inventory optimization (opens in a new tab)

  9. Multi-echelon inventory optimization for an oil services company

    … to explore efficiency gains via supply chain optimization. This thesis examines and assesses opportunities for ABC Company to employ statistical inventory models, understand a variety of factors that influence inventory levels and costs, and improve its network structure. As many inventory

    mit Repository record for Multi-echelon inventory optimization for an oil services company (opens in a new tab)

  10. Inventory Optimization and Simulation Analysis for Supply Chain Disruption Events

    … has led to a challenge in reliably managing inventory, especially for high-complexity medical devices. An optimization and simulation-based inventory management model was developed to augment the decision making of supply planners in these networks. The model supports supply planners in …

    mit Repository record for Inventory Optimization and Simulation Analysis for Supply Chain Disruption Events (opens in a new tab)

  11. Multi-echelon inventory optimization in a rapid-response supply chain

    … replenishment business model. Multi-echelon inventory management, as opposed to a traditional finished-goods only philosophy, provides two clear benefits to a make-to-stock supply chain: first, it increases flexibility through staging calculated work-in-process inventory buffers at critical …

    mit Repository record for Multi-echelon inventory optimization in a rapid-response supply chain (opens in a new tab)

  12. PREDICTING METRICS FOR NAVAL SUPPLY SYSTEMS COMMAND WHOLESALE INVENTORY OPTIMIZATION MODEL

    … to generate performance metrics for candidate inventory policies (CIPs), followed by mixed-integer optimization to select the policy mix that best meets enterprise-level objectives. This approach is computationally expensive. This thesis investigates whether key performance metrics, such as …

    nps Repository record for PREDICTING METRICS FOR NAVAL SUPPLY SYSTEMS COMMAND WHOLESALE INVENTORY OPTIMIZATION MODEL (opens in a new tab)

  13. Inventory optimization model for NIKE's long lifecycle highly seasonal replenishment products

    Currently, demand and inventory planners at NIKE Always Available (NIKE's replenishment business) experience difficulty in managing long-lifecycle highly-seasonal products like soccer equipment and fleece apparel. Very often items are either stocked out at retailers or piling up at Distribution …

    mit Repository record for Inventory optimization model for NIKE's long lifecycle highly seasonal replenishment products (opens in a new tab)

  14. The Johnson and Johnson journey deploying SmartOps for multi-echelon inventory optimization

    Multi-echelon inventory technology enables firms to significantly reduce inventory costs. It gives managers the ability to make tradeoffs based on information from the entire supply chain, which results in a more powerful supply chain strategy and stronger competitive advantage. This thesis …

    mit Repository record for The Johnson and Johnson journey deploying SmartOps for multi-echelon inventory optimization (opens in a new tab)

  15. Assortment and inventory optimization : from predictive choice models to near-optimal algorithms

    … this disconnect in the context of assortment and inventory optimization, through theoretical and empirical investigation. First, we tightly characterize the complexity of general nonparametric assortment optimization problems. We reveal connections to maximum independent set and combinatorial …

    mit Repository record for Assortment and inventory optimization : from predictive choice models to near-optimal algorithms (opens in a new tab)

  16. Product availability improvement for analytical column supply chain : inventory optimization and lot sizing

    … an improved lot sizing production policy on the inventory level and service level. The thesis focuses on incorporating demand variability into the factors of determining the safety stock level, and establishing a structured ordering and validation process. The thesis also incorporates setup cost …

    mit Repository record for Product availability improvement for analytical column supply chain : inventory optimization and lot sizing (opens in a new tab)

  17. Standardizing and improving test wafer processes : inventory optimization and a days of inventory pull system

    … facility. Project One: Reallocating excess inventory In analyzing the Test Wafer inventory quantity and consumption rates in primary stockroom, I noticed that certain routes had excess inventory while others were deficient, thus leading to significantly more expensive Test Wafers types to be …

    mit Repository record for Standardizing and improving test wafer processes : inventory optimization and a days of inventory pull system (opens in a new tab)

  18. Fulfillment Simulation and Inventory Location Optimization

    … to explore how key system parameters, such as inventory placement, can be optimized to improve fulfillment performance throughout the network. This thesis focuses on two main topics: the improvement and automation of an existing sim- ulation framework used for simulating digital fulfillment and …

    mit Repository record for Fulfillment Simulation and Inventory Location Optimization (opens in a new tab)

  19. Application of neural networks techniques to military pharmaceutical ordering problems

    … the country. In order to minimize the amount of inventory held, and hence warehousing and expired drug costs, data mining techniques can be applied to old transaction records to predict future needs. One powerful method of data mining is the use of neural networks. Neural networks have the …

    mit Repository record for Application of neural networks techniques to military pharmaceutical ordering problems (opens in a new tab)

  20. Developing and implementing standard logistics solutions for Eastman Kodak Company's inbound supply chain

    … of inbound logistics solutions. As a result, inventory optimization occurred at a local level without insight into what was best for the corporation as a whole. This led to situations where material inventories were not managed effectively, implementations of inbound logistics methods varied …

    mit Repository record for Developing and implementing standard logistics solutions for Eastman Kodak Company's inbound supply chain (opens in a new tab)

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