Projects per year
Abstract
Order picking and warehouse management is a key activity in any replenishment strategy. An inventory management
model is proposed which can be managed through indicators such as order picking time and inventory turnover. For
this purpose, a combination of different methods such as ARIMA forecasting, economic lot sizing (EOQ), 5S strategy
and ABC technique were combined and taken to a simulation through ARENA software. Finally, the MAPE indicators
were reduced from a range of 47.44% up to 79.39% to range of 5.93% up to 37.47%, which is the result of an initial
situation versus a later improved one, as well as an increase in inventory turnover and a reduction in total order
preparation time.
model is proposed which can be managed through indicators such as order picking time and inventory turnover. For
this purpose, a combination of different methods such as ARIMA forecasting, economic lot sizing (EOQ), 5S strategy
and ABC technique were combined and taken to a simulation through ARENA software. Finally, the MAPE indicators
were reduced from a range of 47.44% up to 79.39% to range of 5.93% up to 37.47%, which is the result of an initial
situation versus a later improved one, as well as an increase in inventory turnover and a reduction in total order
preparation time.
Translated title of the contribution | Lean Logistic and Demand Planning Model |
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Original language | American English |
Title of host publication | Lean Logistic and Demand Planning Model |
Place of Publication | United States |
Publisher | IEOM Society International |
Chapter | 1 |
Number of pages | 12 |
ISBN (Electronic) | 978-1-7923-9159-0 |
State | Published - 28 Nov 2022 |
Event | Proceedings of the 3rd South American International Industrial Engineering and Operations Management Conference, Asuncion, Paraguay, July 19-21, 2022 - Universidad Nacional de Asunción - Paraguay, Asunción, Paraguay Duration: 19 Jul 2022 → 21 Jul 2022 Conference number: 3 http://ieomsociety.org/paraguay2022/proceedings/ |
Conference
Conference | Proceedings of the 3rd South American International Industrial Engineering and Operations Management Conference, Asuncion, Paraguay, July 19-21, 2022 |
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Abbreviated title | IEOM Paraguay 2022 |
Country/Territory | Paraguay |
City | Asunción |
Period | 19/07/22 → 21/07/22 |
Internet address |
Ulima Repository Category
- Ingeniería industrial / Logística
Projects
- 1 Finished