Material Requirements Planning under Phase-out Conditions
Regina Wagner and
A chapter in Operational Excellence in Logistics and Supply Chains: Optimization Methods, Data-driven Approaches and Security Insights, 2015, pp 73-95 from Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management
In today's production environment with shortened product lifecycles, phase-outs, i.e. product elimination from production, become regular events. Badly planned phase-outs lead to high remaining stock levels after end of production, causing immense sunk costs. Previously performed 26 interviews revealed that this is a major challenge in current production (Grussenmeyer and Blecker, 2014; Grussenmeyer, Gencay and Blecker, 2014). Therefore, the objective of this paper is to develop a material requirements planning focusing on remaining stock induced costs during phase-out to plan optimal phase-out quantity and phase-out date. The research is conceptually driven and proposes an example of the methodology.
Keywords: Phase-Out; Product Elimination; Production Planning and Control; Remaining Stock Costs (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:hiclch:209282
Access Statistics for this chapter
More chapters in Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL) from Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().