Demand forecasting approach inventory control for CIMS

Suesut, Taweepol; Mongkhoin, Bancha

doi:10.1109/ICARCV.2004.1469444

Demand forecasting approach inventory control for CIMS

Author(s)

Suesut, Taweepol

Mongkhoin, Bancha

Date Issued

January 1, 2004

Type

Conference Paper

DOI

10.1109/ICARCV.2004.1469444

Abstract

This paper presents a technique to control the inventory level on the warehouse automation by using continuous reviewing and forecasting system. The product demand that stored in the warehouse depends on orders from customers. For each product, the demand follows a Poisson process and the delivery lead-time is known. The demand forecast can predict the trend of order and redefine the reorder point (RP) of inventory that linked to automatic warehouse control system. The automatic warehouse plays an important role in the computer integration manufacturing system (CIMS). The functions of CIMS include production planning, material requirement planning, work order generation, process control, quality control, shipping planning, warehouse and inventory management and material cost accounting. This paper focuses on implementing an automatic warehouse control and inventory management demand forecasting system. © 2004 IEEE.

Citation

2004 8th International Conference on Control Automation Robotics and Vision Icarcv, 3, 1869-1873, 2004