The development of a generic just-in-time supply chain optimisation software tool

[摘要] The demand from modern day customers for quality products, supplied in any quantity andwithin a short lead-time, forces organisations to stock the correct amount of inventory in thecorrect locations in its supply chain. Establishing the correct inventory levels within anorganisation's supply chain is complicated by the various stochastic processes occurring in asupply chain. The thesis is aimed at the development of a generic Just-In-Time (JIT) supplychain optimisation software tool, whereby the correct inventory levels for an organisation canbe determined. These inventory levels will ensure that the organisation will achieve apredefined customer service level at the minimum cost to the company. The tool wasdeveloped and satisfactory results were obtained using the Harmony Search Algorithm (HSA)for optimising the inventory levels.

[发布机构] Stellenbosch University