Comparing a standard and a naive stock refill policies by means of simulation

• Type: Article in International Conference Proceedings Book
• Date: 2005

Authors

Feliz Teixeira, JM (Author) Other; António Carvalho Brito (Author) FEUP

Conference proceedings International

Title: Modelling and Simulation 2005

Pages: 300-305

European Simulation and Modelling Conference (ESM 2005)

Oporto, PORTUGAL, OCT 24-26, 2005

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Other information

Authenticus ID: P-000-69M

Abstract (EN): In this paper will be compared, by means of a next event dynamic simulation, two different stock refill policies applied to the same in-lined one-product Supply Chain. The first method is the Japanese method usually known as KANBAN(1) (similar to the "Two Bins" method, in terms of dynamics), and the second is a naive method named by the authors the "BanKan" for the reasons that will be explained later in this text. The surprising results obtained show an obvious operational advantage of the naive method, at least under the conditions of the present Supply Chain design and configuration. This method does not make use of any criteria dependent on the actual stock level at the facility, and it was also observed that the materials flow through the Supply Chain as in a "river without dams", and with extremely low local inventory, as it was defended by Taiichi Ohno, the father of just-in-time (JIT) systems, in the 1980s.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6