Article ID: | iaor201014 |
Volume: | 6 |
Issue: | 2 |
Start Page Number: | 184 |
End Page Number: | 205 |
Publication Date: | Dec 2010 |
Journal: | International Journal of Services and Operations Management |
Authors: | Persona Alessandro, Battini Daria, Faccio Maurizio, Sgarbossa Fabio |
Keywords: | inventory |
In the modern industrial context, complex materials handling systems and inventory management are necessary to guarantee the high levels of flexibility and efficiency required by production systems. This paper addresses a practical decision-making approach to optimise the correct management of the components in production/assembly systems. Typically, in an Assemble-to-Order (ATO) system, the centralisation/decentralisation degree of the parts stocking point and feeding system are the most important problems to face in order to guarantee the economic and flexible level of the whole production/assembly system. In the international scientific literature, several contributions have been developed about warehouse locations and others have studied feeding system management. This paper introduces a framework that allows the choice of the right degree of centralisation inventory and the optimal feeding system using an integrated approach.