Progressive Control Method

Masayuki Matsui
Additional contact information
Masayuki Matsui: The University of Electro-Communications

Chapter Chapter 4 in Manufacturing and Service Enterprise with Risks II, 2014, pp 45-59 from Springer

Abstract: Abstract Some traditional methods of inventory control inventory control are statistical approaches that cannot deal with real demand fluctuations in modern society. In this chapter, we develop a look-ahead method for on-demand supply by using the pull-type progressive control method and apply it to inventory control in each stage of the supply chain. The presented method is an innovative/stochastic approach to supply chain control that provides an effective tool for demand-to-supply SCM in the RFID age (medium control tool). The key concept is the introduction of moving-standard inventory using the newsvendor problem and Matsui’s logic for its look-ahead. Several case studies are presented using the ODICS software, which is employed by wholesalers, distributors, and manufacturers, and notable reductions in inventory are shown in all cases.

Keywords: Supply Chain; Order Quantity; Inventory Control; Cost Coefficient; Bullwhip Effect (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-4-431-54619-1_4

Ordering information: This item can be ordered from
http://www.springer.com/9784431546191

DOI: 10.1007/978-4-431-54619-1_4

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().