Production optimization for short shelf-life products

Abstract

We report on production planning improvements for a short shelf-life product. Using simulation, we optimized the production frequency of all 60 products in a factory. Together with improved forecasting and updated safety stocks this reduced the number of rush production orders by 98%; obsolete stock was reduced by 90%.

Publication
30th Production and Operations Management Society Annual Conference, Washington, USA, 2nd-6th May
Date
Links
Next
Previous