Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru

Silvana Solange Chacaña Garcia; Marcela Fernanda Sanchez Diaz; Jose Antonio Taquia Gutierrez

doi:10.1145/3587889.3587969

Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru

Silvana Solange Chacaña Garcia
, Marcela Fernanda Sanchez Diaz
, Jose Antonio Taquia Gutierrez

Lima University

Research output: Chapter in Book/Report/Conference proceeding › Paper (Conference contribution) › peer-review

1 Scopus citations

Abstract

This work is a case study focused on the simulation and improvement of a Peruvian mass consumption company, so it is centered on the search for engineering tools focused on analyzing inventory and demand management; and this achieve an improvement in the coordination of warehouse procedures. Therefore, the purpose of this research is to propose new forecasting techniques and implement a new inventory management policy, by means of a check through Arena simulation software. As a result, we obtain a profit increase 57.69% higher in comparison between continuous and periodic review inventory resupply policies.

Original language	English
Title of host publication	Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru.
Publisher	Association for Computing Machinery
Pages	140-147
Number of pages	8
ISBN (Electronic)	9781450398527
DOIs	https://doi.org/10.1145/3587889.3587969
State	Published - 9 Jan 2023
Event	10th International Conference on Industrial Engineering and Applications, ICIEA-EU 2023 - Rome, Italy Duration: 9 Jan 2023 → 11 Jan 2023

Publication series

Name	ACM International Conference Proceeding Series

Conference

Conference	10th International Conference on Industrial Engineering and Applications, ICIEA-EU 2023
Country/Territory	Italy
City	Rome
Period	9/01/23 → 11/01/23

Access to Document

10.1145/3587889.3587969

Cite this

Chacaña Garcia, S. S., Sanchez Diaz, M. F., & Taquia Gutierrez, J. A. (2023). Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. In Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. (pp. 140-147). (ACM International Conference Proceeding Series). Association for Computing Machinery. https://doi.org/10.1145/3587889.3587969

Chacaña Garcia, Silvana Solange ; Sanchez Diaz, Marcela Fernanda ; Taquia Gutierrez, Jose Antonio. / Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru.. Association for Computing Machinery, 2023. pp. 140-147 (ACM International Conference Proceeding Series).

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Chacaña Garcia, SS, Sanchez Diaz, MF & Taquia Gutierrez, JA 2023, Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. in Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru.. ACM International Conference Proceeding Series, Association for Computing Machinery, pp. 140-147, 10th International Conference on Industrial Engineering and Applications, ICIEA-EU 2023, Rome, Italy, 9/01/23. https://doi.org/10.1145/3587889.3587969

Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. / Chacaña Garcia, Silvana Solange; Sanchez Diaz, Marcela Fernanda; Taquia Gutierrez, Jose Antonio.
Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru.. Association for Computing Machinery, 2023. p. 140-147 (ACM International Conference Proceeding Series).

Research output: Chapter in Book/Report/Conference proceeding › Paper (Conference contribution) › peer-review

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AB - This work is a case study focused on the simulation and improvement of a Peruvian mass consumption company, so it is centered on the search for engineering tools focused on analyzing inventory and demand management; and this achieve an improvement in the coordination of warehouse procedures. Therefore, the purpose of this research is to propose new forecasting techniques and implement a new inventory management policy, by means of a check through Arena simulation software. As a result, we obtain a profit increase 57.69% higher in comparison between continuous and periodic review inventory resupply policies.

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Chacaña Garcia SS, Sanchez Diaz MF, Taquia Gutierrez JA. Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru. In Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru.. Association for Computing Machinery. 2023. p. 140-147. (ACM International Conference Proceeding Series). doi: 10.1145/3587889.3587969

Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru

Abstract

Publication series

Conference

Access to Document

Other files and links

Fingerprint

ICIEA 2023-Europe: The 2023 The 10th International Conference on Industrial Engineering and Applications

Urban logistics applied to retail distribution of products and services

Cite this

Demand simulation to improve inventory management in a mass consumption Ice cream company. A case study in Peru

Abstract

Publication series

Conference

Access to Document

Other files and links

Fingerprint

Activities

ICIEA 2023-Europe: The 2023 The 10th International Conference on Industrial Engineering and Applications

Projects

Urban logistics applied to retail distribution of products and services

Cite this