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Hybrid Make To Stock Make To Order Mts Mto Production Optimization And Predictive Manufacturing Plan
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Book Synopsis Hybrid Make-to-Stock, Make-to-Order (MTS-MTO) Production Optimization and Predictive Manufacturing Plan by : Andrew Joseph Thoma
Download or read book Hybrid Make-to-Stock, Make-to-Order (MTS-MTO) Production Optimization and Predictive Manufacturing Plan written by Andrew Joseph Thoma and published by . This book was released on 2016 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth of the Print on Demand (POD) business has necessitated a capacity expansion plan that spans the next five years. After analyzing sales data it was determined that more titles are selling in larger quantities. For these titles, the current make-to-order model does not represent the optimal manufacturing and fulfillment strategy. This preliminary insight led to the realization that an inventory model that uses demand forecasts and a cost analysis for each title should be used to determine the optimal ordering quantity for qualifying titles, in an initiative called high volume pre-builds. Additionally, an initiative called predictive manufacturing should be used concurrently to provide customer experience improvements to titles that sell in large quantities but do not qualify for high volume pre-builds. The development of a hybrid make-to-stock, make-to-order (MTS-MTO) production optimization model will lead to pre-building between 1.1M and 2.1M retail units per year, but could be scaled upward. Pre-building allows for cost savings through economies of scale in manufacturing and through transportation savings based on inventory placement and network topology. An additional 300K+ annual retail titles will be eligible for predictive manufacturing, which will also benefit from transportation savings. The customer experience improvements alone would make these initiatives worth pursuing even if they were NPV neutral or slightly negative. However, they are a clear win when also considering overall integration and cost savings. These initiatives will drive a lower cost structure for book manufacturing that benefits all stakeholders (Amazon, authors, and customers), which will lead to the continued, rapid growth of POD.
Book Synopsis Batch Ordering and Batch Replenishment Policies for MTS-MTO Manufacturing Systems by : Eman Almehdawe
Download or read book Batch Ordering and Batch Replenishment Policies for MTS-MTO Manufacturing Systems written by Eman Almehdawe and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Multi-Level Production-Inventory-Distribution System Under Mixed Make to Stock, Make to Order, and Vendor Managed Inventory Strategies by : Elaheh Ghasemi
Download or read book A Multi-Level Production-Inventory-Distribution System Under Mixed Make to Stock, Make to Order, and Vendor Managed Inventory Strategies written by Elaheh Ghasemi and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's competitive environment, most companies tend to adopt a hybrid manufacturing strategy to provide more reliable services to a wide range of customers. Based on a real-world case study, we investigate a production-inventory-distribution system of a company in a complex supply chain. In such a system, the company manage production, inventory, and transportation decisions, where different products are produced at mills or stored at external warehouses are shipped to customers using multiple modes of transportation. At a tactical planning level, the company wants to know which production strategies, including make to stock (MTS), make to order (MTO) or vendor managed inventory (VMI) strategy, should be chosen for each customer and then how to coordinate the production, inventory, and distribution activities according to the strategy assigned to the customers. Moreover, the objective is not only to optimize its cost, but also satisfy the VMI customers on time and keep the target service level for MTO customers. The company can also control the purchase acceptance rate for MTS customers to better use the capacity. We develop a rolling horizon planning approach to deal with the dynamics of customers' demands under different forecasting scenarios. To check the validity and efficacy of the developed model, we perform numerical experiment under both static and rolling horizon based on adapted data from a real-world application from the pulp and paper industry in Canada. We also highlight some insights into the impact of various problem parameters on the tactical and operational decisions that can be considered for practical implementation.
Book Synopsis Hybrid Manufacturing Framework to Improve Small to Medium Sized Manufacturers' Flexibility to Market Turbulence in a Multi-product Environment: a Case Study of Manual Assembly Line by :
Download or read book Hybrid Manufacturing Framework to Improve Small to Medium Sized Manufacturers' Flexibility to Market Turbulence in a Multi-product Environment: a Case Study of Manual Assembly Line written by and published by . This book was released on 2019 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aspires to define a hybrid manufacturing strategy, which will combine advantages of Make-To-Order (MTO) and Make-To-Stock (MTS) manufacturing systems coupled with a flexible Manual Assembly lines set-up to support the combined strategy efficiently. This will allow SMMs to achieve the following: Mass production efficiency, High level responsiveness to market turbulence and High level customer satisfaction.
Book Synopsis An Optimal Production Plan in a Make-to-Stock Manufacturing Environment Using Mixed Integer Programming by : Amr Mohamed Nofal
Download or read book An Optimal Production Plan in a Make-to-Stock Manufacturing Environment Using Mixed Integer Programming written by Amr Mohamed Nofal and published by . This book was released on 2002 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main aim of this thesis is to develop an optimization model that provides an optimal production plan for a make-to-stock (MTS) manufacturing environment that includes the production of multi products on multiple machines over a definite number of planning periods.
Book Synopsis Integrated Process Planning, Scheduling, and Due-Date Assignment by : Halil Ibrahim Demir
Download or read book Integrated Process Planning, Scheduling, and Due-Date Assignment written by Halil Ibrahim Demir and published by CRC Press. This book was released on 2023-08-10 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, the three most important manufacturing functions are process planning, scheduling, and due-date assignment, which are handled sequentially and separately.This book integrates these manufacturing processes and functions to increase global performance along with manufacturing and production cost savings. Integrated Process Planning, Scheduling, and Due-Date Assignment combines the most important manufacturing functions to use manufacturing resources better, reduce production costs, and eliminate bottlenecks with increased production efficiency. The book covers how the integration will help eliminate scheduling conflicts and how to adapt to irregular shop floor disturbances. It also explains how other elements, such as tardiness and earliness, are penalized and how prioritizing helps improve weight performance function. This book will draw the interest of professionals, students, and academicians in process planning, scheduling, and due-date assignment. It could also be supplemental material for manufacturing courses in industrial engineering and manufacturing engineering departments.
Book Synopsis Supply Chain and Logistics Management Made Easy by : Paul Myerson
Download or read book Supply Chain and Logistics Management Made Easy written by Paul Myerson and published by Pearson Education. This book was released on 2015 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This easy guide introduces the modern field of supply chain and logistics management, explains why it is central to business success, shows how its pieces fit together, and presents best practices you can use wherever you work. Myerson explains key concepts, tools, and applications in clear, simple language, with intuitive examples that make sense to any student or professional.
Book Synopsis Fundamentals of Production Planning and Control by : Chapman
Download or read book Fundamentals of Production Planning and Control written by Chapman and published by Pearson Education India. This book was released on 2008 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Introduction to Logistics Systems Management by : Gianpaolo Ghiani
Download or read book Introduction to Logistics Systems Management written by Gianpaolo Ghiani and published by John Wiley & Sons. This book was released on 2013-02-06 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Logistics Systems Management is the fully revised and enhanced version of the 2004 prize-winning textbook Introduction to Logistics Systems Planning and Control, used in universities around the world. This textbook offers an introduction to the methodological aspects of logistics systems management and is based on the rich experience of the authors in teaching, research and industrial consulting. This new edition puts more emphasis on the organizational context in which logistics systems operate and also covers several new models and techniques that have been developed over the past decade. Each topic is illustrated by a numerical example so that the reader can check his or her understanding of each concept before moving on to the next one. At the end of each chapter, case studies taken from the scientific literature are presented to illustrate the use of quantitative methods for solving complex logistics decision problems. An exhaustive set of exercises is also featured at the end of each chapter. The book targets an academic as well as a practitioner audience, and is appropriate for advanced undergraduate and graduate courses in logistics and supply chain management, and should also serve as a methodological reference for practitioners in consulting as well as in industry.
Book Synopsis The Digital Shopfloor- Industrial Automation in the Industry 4.0 Era by : John Soldatos
Download or read book The Digital Shopfloor- Industrial Automation in the Industry 4.0 Era written by John Soldatos and published by CRC Press. This book was released on 2022-09-01 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s competitive global environment, manufacturers are offered with unprecedented opportunities to build hyper-efficient and highly flexible plants, towards meeting variable market demand, while at the same time supporting new production models such as make-to-order (MTO), configure-to-order (CTO) and engineer-to-order (ETO). During the last couple of years, the digital transformation of industrial processes is propelled by the emergence and rise of the fourth industrial revolution (Industry4.0). The latter is based on the extensive deployment of Cyber-Physical Production Systems (CPPS) and Industrial Internet of Things (IIoT) technologies in the manufacturing shopfloor, as well as on the seamless and timely exchange of digital information across supply chain participants. The benefits of Industry 4.0 have been already proven in the scope of pilot and production deployments in a number of different use cases including flexibility in automation, predictive maintenance, zero defect manufacturing and more. Despite early implementations and proof-of-concepts, CPPS/IIoT deployments are still in their infancy for a number of reasons, including:• Manufacturers’ poor awareness about digital manufacturing solutions and their business value potential, as well as the lack of relevant internal CPPS/IIoT knowledge.• The high costs that are associated with the deployment, maintenance and operation of CPPS systems in the manufacturing shopfloors, which are particularly challenging in the case of SME (Small Medium Enterprises) manufacturers that lack the equity capital needed to invest in Industry 4.0.• The time needed to implement CPPS/IIoT and the lack of a smooth and proven migration path from existing OT solutions.• The uncertainty over the business benefits and impacts of IIoT and CPPS technologies, including the lack of proven methods for the techno-economic evaluation of Industry4.0 systems. • Manufacturers’ increased reliance on external integrators, consultants and vendors. • The absence of a well-developed value chain needed to sustain the acceptance of these new technologies for digital automation.In order to alleviate these challenges, three European Commission funded projects (namely H2020 FAR-EDGE (http://www.far-edge.eu/), H2020 DAEDALUS (http://daedalus.iec61499.eu) and H2020 AUTOWARE (http://www.autoware-eu.org/)) have recently joined forces towards a “Digital Shopfloor Alliance”. The Alliance aims at providing leading edge and standards based digital automation solutions, along with guidelines and blueprints for their effective deployment, validation and evaluation. The present book provides a comprehensive description of some of the most representative solutions that offered by these three projects, along with the ways these solutions can be combined in order to achieve multiplier effects and maximize the benefits of their use. The presented solutions include standards-based digital automation solutions, following different deployment paradigms, such as cloud and edge computing systems. Moreover, they also comprise a rich set of digital simulation solutions, which are explored in conjunction with the H2020 MAYA project (http://www.maya-euproject.com/). The latter facilitate the testing and evaluation of what-if scenarios at low risk and cost, but also without disrupting shopfloor operations. As already outlined, beyond leading edge scientific and technological development solutions, the book comprises a rich set of complementary assets that are indispensable to the successful adoption of IIoT/CPPS in the shopfloor. The book is structured in three parts as follows: • The first part of the book is devoted to digital automation platforms. Following an introduction to Industry 4.0 in general and digital automation platforms in particular, this part presents the digital automation platforms of the FAR-EDGE, AUTOWARE and DAEDALUS projects. • The second part of the book focuses on the presentation of digital simulation and digital twins’ functionalities. These include information about the models that underpin digital twins, as well as the simulators that enable experimentation with these processes over these digital models. • The third part of the book provides information about complementary assets and supporting services that boost the adoption of digital automation functionalities in the Industry4.0 era. Training services, migration services and ecosystem building services are discussed based on the results of the three projects of the Digital Shopfloor Alliance. The target audience of the book includes:• Researchers in the areas of Digital Manufacturing and more specifically in the areas of digital automation and simulation, who wish to be updated about latest Industry4.0 developments in these areas.• Manufacturers, with an interest in the next generation of digital automation solutions based on Cyber-Physical systems.• Practitioners and providers of Industrial IoT solutions, which are interested in the implementation of use cases in automation, simulation and supply chain management.• Managers wishing to understand technologies and solutions that underpin Industry4.0, along with representative applications in the shopfloor and across the supply chain.
Book Synopsis Enabling Manufacturing Competitiveness and Economic Sustainability by : Hoda A. ElMaraghy
Download or read book Enabling Manufacturing Competitiveness and Economic Sustainability written by Hoda A. ElMaraghy and published by Springer Science & Business Media. This book was released on 2011-09-29 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The changing manufacturing environment requires more responsive and adaptable manufacturing systems. The theme of the 4th International Conference on Changeable, Agile, Reconfigurable and Virtual production (CARV2011) is “Enabling Manufacturing Competitiveness and Economic Sustainability”. Leading edge research and best implementation practices and experiences, which address these important issues and challenges, are presented. The proceedings include advances in manufacturing systems design, planning, evaluation, control and evolving paradigms such as mass customization, personalization, changeability, re-configurability and flexibility. New and important concepts such as the dynamic product families and platforms, co-evolution of products and systems, and methods for enhancing manufacturing systems’ economic sustainability and prolonging their life to produce more than one product generation are treated. Enablers of change in manufacturing systems, production volume and capability scalability and managing the volatility of markets, competition among global enterprises and the increasing complexity of products, manufacturing systems and management strategies are discussed. Industry challenges and future directions for research and development needed to help both practitioners and academicians are presented.
Book Synopsis Inventory Management with SAP S/4HANA by : Bernd Roedel
Download or read book Inventory Management with SAP S/4HANA written by Bernd Roedel and published by SAP PRESS. This book was released on 2019-09-26 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jump-start your inventory operations in SAP S/4HANA! Review basic inventory practices and consult step-by-step instructions to configure SAP S/4HANA for your organization's requirements. Then put the system to work! Run the SAP Fiori applications that guide your core inventory workflows: inventory planning, goods receipt, core inventory, production planning, and inventory analysis. This hands-on guide to inventory has the details you need! In this book, you'll learn about: a. Inventory Planning Set up a successful inventory management system. Understand how to implement key planning strategies like make-to-order, make-to-stock, MRP Live, and Kanban in your SAP S/4HANA system. b. Inventory Execution Ensure your system runs smoothly. Tap into the potential of SAP Fiori applications and execute core inventory processes such as exception handling, physical inventory, transfers, and more. c. Inventory Analysis Make the most of your inventory analytics tools. See what's offered with SAP S/4HANA, such as real-time data and role-based design; then dive in to CDS views, KPI monitoring, custom queries, and more. Highlights Include: 1) Inventory optimization 2) Inventory planning 3) Goods receipt 4) Core inventory 5) Production planning 6) Inventory analysis 7) Configuration 8) Deployment 9) SAP Fiori applications
Book Synopsis Information Technology for Balanced Manufacturing Systems by : Weiming Shen
Download or read book Information Technology for Balanced Manufacturing Systems written by Weiming Shen and published by Springer. This book was released on 2007-03-07 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: BASYS conferences were initially organized to promote the development of balanced automation systems. The first BASYS conference was successfully launched in Victoria, Brazil, in 1995. BASYS'06 is the 7th edition in this series. This book comprises three invited keynote papers and forty-nine regular papers accepted for presentation at the conference. All together, these papers will make significant contributions to the literature of Intelligent Technology for Balanced Manufacturing Systems.
Book Synopsis Supply Chain Scheduling by : Zhi-Long Chen
Download or read book Supply Chain Scheduling written by Zhi-Long Chen and published by Springer Nature. This book was released on 2022-02-07 with total page 699 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply chain scheduling is a relatively new research area with less than 20 years of history. It is an intersection of two traditional areas: supply chain management and scheduling. In this book, the authors provide a comprehensive coverage of supply chain scheduling. The book covers applications, solution algorithms for solving related problems, evaluation of supply chain conflicts, and models for encouraging cooperation between decision makers. Supply chain scheduling studies detailed scheduling issues within supply chains, as motivated by a variety of applications in the real world. Topics covered by the book include: Coordinated decision making in centralized supply chains, including integrated production and distribution scheduling, joint scheduling and product pricing, and coordinated subcontracting and scheduling. Coordination and competition issues in decentralized supply chains, including conflict and cooperation within scheduling decisions made by different parties in supply chains, and both cooperative and non-cooperative supply chain scheduling games. The book describes a variety of representative problems within each of these topics. The authors define these problems mathematically, describe corresponding applications, and introduce solution methods for solving each problem to improve supply chain performance.
Book Synopsis Enhancing Synergies in a Collaborative Environment by : Pablo Cortés
Download or read book Enhancing Synergies in a Collaborative Environment written by Pablo Cortés and published by Springer. This book was released on 2015-02-04 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains a selection of the best papers presented at the 8th International Conference on Industrial Engineering and Industrial Management, XX International Conference on Industrial Engineering and Operations Management, and International IIE Conference 2014, hosted by ADINGOR, ABEPRO and the IIE, whose mission is to promote links between researchers and practitioners from different branches, to enhance an interdisciplinary perspective of industrial engineering and management. The conference topics covered: operations research, modelling and simulation, computer and information systems, operations research, scheduling and sequencing, logistics, production and information systems, supply chain and logistics, transportation, lean management, production planning and control, production system design, reliability and maintenance, quality management, sustainability and eco-efficiency, marketing and consumer behavior, business administration and strategic management, economic and financial management, technological and organizational innovation, strategy and entrepreneurship, economics engineering, enterprise engineering, global operations and cultural factors, operations strategy and performance, management social responsibility, environment and sustainability. This book will be of interest to researchers and practitioners working in any of the fields mentioned above.
Book Synopsis Enhancing Enterprise Intelligence: Leveraging ERP, CRM, SCM, PLM, BPM, and BI by : Vivek Kale
Download or read book Enhancing Enterprise Intelligence: Leveraging ERP, CRM, SCM, PLM, BPM, and BI written by Vivek Kale and published by CRC Press. This book was released on 2016-02-22 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enhancing Enterprise Intelligence: Leveraging ERP, CRM, SCM, PLM, BPM, and BI takes a fresh look at the benefits of enterprise systems (ES), focusing on the fact that ES collectively contribute to enhancing the intelligence quotient of an enterprise. The book provides an overview of the characteristic domains (i.e., business functions, processes, a
Book Synopsis Logistics Management and Strategy by : Alan Harrison
Download or read book Logistics Management and Strategy written by Alan Harrison and published by Pearson UK. This book was released on 2019 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt:
