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Demand forecasting approach inventory control for warehouse automation
Author(s)
Date Issued
December 1, 2004
Type
Conference Paper
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 depend 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 Junctions 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. [1] This paper focuses on implementing an automatic warehouse control and inventory management demand forecasting system. © 2004IEEE.
Citation
IEEE Region 10 Annual International Conference Proceedings TENCON, B, B438-B441, 2004