Details
| Original language | English |
|---|---|
| Pages (from-to) | 481-484 |
| Number of pages | 4 |
| Journal | CIRP Annals - Manufacturing Technology |
| Volume | 57 |
| Issue number | 1 |
| Publication status | Published - 9 May 2008 |
Abstract
To be efficient companies have to consider the trade off between high service levels and low capital tie up. This is particularly important in stores adjacent to assembly processes. Problems occurring in these stores impact customer satisfaction directly and the parts are stored on a high value added level further increasing the clash of targets. A method for positioning stores in compliance with both targets is proposed. Advancing the Logistic Stock Analysis this new method is especially tailored to consider unit service levels and thus to minimize capital tie up with regard to customer service levels for the first time.
Keywords
- Logistic operating curves theory, Logistics, Modelling
ASJC Scopus subject areas
- Engineering(all)
- Mechanical Engineering
- Engineering(all)
- Industrial and Manufacturing Engineering
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In: CIRP Annals - Manufacturing Technology, Vol. 57, No. 1, 09.05.2008, p. 481-484.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Reduction of capital tie up for assembly processes
AU - Nyhuis, P.
AU - Schmidt, M.
AU - Wriggers, F. S.
PY - 2008/5/9
Y1 - 2008/5/9
N2 - To be efficient companies have to consider the trade off between high service levels and low capital tie up. This is particularly important in stores adjacent to assembly processes. Problems occurring in these stores impact customer satisfaction directly and the parts are stored on a high value added level further increasing the clash of targets. A method for positioning stores in compliance with both targets is proposed. Advancing the Logistic Stock Analysis this new method is especially tailored to consider unit service levels and thus to minimize capital tie up with regard to customer service levels for the first time.
AB - To be efficient companies have to consider the trade off between high service levels and low capital tie up. This is particularly important in stores adjacent to assembly processes. Problems occurring in these stores impact customer satisfaction directly and the parts are stored on a high value added level further increasing the clash of targets. A method for positioning stores in compliance with both targets is proposed. Advancing the Logistic Stock Analysis this new method is especially tailored to consider unit service levels and thus to minimize capital tie up with regard to customer service levels for the first time.
KW - Logistic operating curves theory
KW - Logistics
KW - Modelling
UR - http://www.scopus.com/inward/record.url?scp=43649099372&partnerID=8YFLogxK
U2 - 10.1016/j.cirp.2008.03.019
DO - 10.1016/j.cirp.2008.03.019
M3 - Article
AN - SCOPUS:43649099372
VL - 57
SP - 481
EP - 484
JO - CIRP Annals - Manufacturing Technology
JF - CIRP Annals - Manufacturing Technology
SN - 0007-8506
IS - 1
ER -