Details
| Original language | English |
|---|---|
| Title of host publication | 2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021 |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| Pages | 264-269 |
| Number of pages | 6 |
| ISBN (electronic) | 9781665437714 |
| Publication status | Published - 2021 |
| Event | 2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021 - Virtual, Online, Singapore Duration: 13 Dec 2021 → 16 Dec 2021 |
Abstract
Fluctuations in demand pose a significant challenge for manufacturing companies. As fluctuations increase, an imbalance between capacity availability and capacity requirements more likely occurs. This can lead to scattering load in production and consequently result in low logistical performance. Capacity synchronisation must be carried out to reconcile load and capacity. On the one hand, available capacity can be adjusted to fit the scattering load using capacity flexibility. However, capacity flexibility is limited. On the other hand, load balancing can be carried out to achieve a lower load variation. This can be done, for example, by building up and reducing stock. During periods of low load, stock orders are generated and higher stocks are built up to keep utilisation high. At times of high demand, stock is reduced by releasing fewer stock orders to ensure a stable operating state of the production system. This balances utilisation in the production system and keeps the work in process and throughput times at the planned level. Therefore, this paper examines the logistical potential that results from load flexibility through finished goods stock.
Keywords
- Load balancing, Load flexibility, Stock control
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Strategy and Management
- Computer Science(all)
- Artificial Intelligence
- Computer Science(all)
- Computer Science Applications
- Decision Sciences(all)
- Information Systems and Management
- Engineering(all)
- Industrial and Manufacturing Engineering
- Mathematics(all)
- Control and Optimization
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2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021. Institute of Electrical and Electronics Engineers Inc., 2021. p. 264-269.
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
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TY - GEN
T1 - Logistical Potentials of Load Balancing via the Build-up and Reduction of Stock
AU - Heuer, T.
AU - Maier, J. T.
AU - Busse, T. D.
AU - Schmidt, M.
AU - Nyhuis, P.
N1 - Funding Information: The research project was carried out in the framework of the industrial collective research programme (IGF no. 20906 N). It was supported by the Federal Ministry for Economic Affairs and Energy (BMWi) through the AiF (German Federation of Industrial Research Associations eV) and the BVL (Bundesvereinigung Logistik eV) based on a decision taken by the German Bundestag.
PY - 2021
Y1 - 2021
N2 - Fluctuations in demand pose a significant challenge for manufacturing companies. As fluctuations increase, an imbalance between capacity availability and capacity requirements more likely occurs. This can lead to scattering load in production and consequently result in low logistical performance. Capacity synchronisation must be carried out to reconcile load and capacity. On the one hand, available capacity can be adjusted to fit the scattering load using capacity flexibility. However, capacity flexibility is limited. On the other hand, load balancing can be carried out to achieve a lower load variation. This can be done, for example, by building up and reducing stock. During periods of low load, stock orders are generated and higher stocks are built up to keep utilisation high. At times of high demand, stock is reduced by releasing fewer stock orders to ensure a stable operating state of the production system. This balances utilisation in the production system and keeps the work in process and throughput times at the planned level. Therefore, this paper examines the logistical potential that results from load flexibility through finished goods stock.
AB - Fluctuations in demand pose a significant challenge for manufacturing companies. As fluctuations increase, an imbalance between capacity availability and capacity requirements more likely occurs. This can lead to scattering load in production and consequently result in low logistical performance. Capacity synchronisation must be carried out to reconcile load and capacity. On the one hand, available capacity can be adjusted to fit the scattering load using capacity flexibility. However, capacity flexibility is limited. On the other hand, load balancing can be carried out to achieve a lower load variation. This can be done, for example, by building up and reducing stock. During periods of low load, stock orders are generated and higher stocks are built up to keep utilisation high. At times of high demand, stock is reduced by releasing fewer stock orders to ensure a stable operating state of the production system. This balances utilisation in the production system and keeps the work in process and throughput times at the planned level. Therefore, this paper examines the logistical potential that results from load flexibility through finished goods stock.
KW - Load balancing
KW - Load flexibility
KW - Stock control
UR - http://www.scopus.com/inward/record.url?scp=85125384689&partnerID=8YFLogxK
U2 - 10.1109/ieem50564.2021.9673063
DO - 10.1109/ieem50564.2021.9673063
M3 - Conference contribution
AN - SCOPUS:85125384689
SP - 264
EP - 269
BT - 2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2021 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2021
Y2 - 13 December 2021 through 16 December 2021
ER -