Evaluation of Stock Management Strategies Reliability at Dependent Demand

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Abstract

For efficiently increasing the logistic systems, the core specialists’ attention has to be directed to reducing costs and increasing supply chains reliability. A decent attention to costs reduction has already been paid, so it can be stated that in this way there is a significant progress. But the problem of reliability evaluation is still insufficiently explored, particularly, in such an important sphere as inventory management at the dependent demand.

In the article there is a suggested methodical approach that allows calculating the safety stock quantity at the dependent demand in view of supply chains reliability requirements; the variants for different inventory management strategies at the dependent demand are examined; optimal strategy choice algorithm and results of total costs calculation in view of the reliability are given.

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Transport and Telecommunication Journal

The Journal of Transport and Telecommunication Institute

Journal Information


Cite Score 2017: 1.21

SCImago Journal Rank (SJR) 2017: 0.294
Source Normalized Impact per Paper (SNIP) 2017: 1.539

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