Massachusetts Institute of Technology
Supply chain management for fast-moving products in the electronic industry
Abstract
dc:description.abstractThe objective of this Thesis was to strategically redesign and transform the supply chain of a series of detonators in a leading Company serving the oil and gas industry. The scope of the Thesis included data gathering and analysis, and the proposal and implementation of possible solutions. The issues addressed included sourcing and partnership strategies and development of systemic inventory management policies. We optimized the inventory policies to minimize the ordering and holding costs while improving the customer service level. For this purpose, we considered the entire supply chain starting from the Company's internal and external suppliers and Subcontractors all the way to the end-customers. By considering all these players we were able to globally optimize the supply chain. The inventory policy used was a periodic review policy for which we optimized the reorder, order-up-to level and Safety Stock levels. We analyzed the effects of the forecasting error and the potential benefits of risk pooling.
Degree
thesis:*- Department dc:contributor.department
- System Design and Management Program.
- Grantor dc:publisher
- Massachusetts Institute of Technology
- Year dc:date.issued
- 2006
Author and committee
dc:creator, dc:contributor.*- Author dc:creator
-
- Zafiriou, Konstantinos F
- Advisor dc:contributor.advisor
-
- David Simchi-Levi.
Subjects
dc:subject × 1Rights
dc:rights- Statement dc:rights
-
- 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.
- Licence dc:rights.uri
- Language dc:language.iso
- eng
Identifiers
dc:identifier.*- Handle dc:identifier.uri
- http://hdl.handle.net/1721.1/35100
- OAI identifier oai:identifier
- oai:dspace.mit.edu:1721.1/35100