New problem with sales, inventories, and operations planning in a supply chain environment

Andre Thomas; Samir Lamouri

doi:10.1117/12.403663

13 October 2000 New problem with sales, inventories, and operations planning in a supply chain environment

Andre Thomas, Samir Lamouri

Proceedings Volume 4192, Intelligent Systems in Design and Manufacturing III; (2000) https://doi.org/10.1117/12.403663
Event: Intelligent Systems and Smart Manufacturing, 2000, Boston, MA, United States

Abstract

The highest level of planning and control system is necessary, because production and logistics systems are not so flexible to follow, from day to day, sales evolutions. The companies are therefore held to standardize the good practices concerning the elaboration of their Sales, Inventories and Operations Planning (SIOP). The SIOP makes it possible to implement the strategic objectives defined by Top Management at the time of the Business Plan. It is the link between sales and manufacturing planning. The objectives of each of those depend on the specificity of their trade: the Sales Department will go for a maximum sales whereas Production will endeavor to keep industrial cost prices as low as possible while the Finance Department will try to optimize the use of available funds. There are several tools for this optimization: Graphical method and linear programming. Today, the economic context requires robust optimization.

Citation Download Citation

Andre Thomas and Samir Lamouri "New problem with sales, inventories, and operations planning in a supply chain environment", Proc. SPIE 4192, Intelligent Systems in Design and Manufacturing III, (13 October 2000); https://doi.org/10.1117/12.403663

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