10th International Conference of Mechanical Engineering "COMEC 2019" -5th Symposium of Quality Management & Logistics

10th International Conference of Mechanical Engineering

COMEC 2019

Simulation study of a stocking system for consignment seller dietary supplement manufacturing company

Abstract

Providing the supply chain for dietary supplement manufacturing companies plays a significant role in preserving the competitiveness of companies. We are looking at a special, but very important, supply chain that is based on commissioner sales. Continuous monitoring and efficiency enhancement of the inventory system of this type of supply chain is a major challenge for today's logistics professionals. In the processes to be examined, we have to examine a number of parameters, often with random effects, which in most cases require the use of a simulation test method. The dissertation describes the basic concept of a simulation test method that is suitable for defining optimal stocking mechanisms for the products of companies that produce dietary food supplements.

Resumen

Providing the supply chain for dietary supplement manufacturing companies plays a significant role in preserving the competitiveness of companies. We are looking at a special, but very important, supply chain that is based on commissioner sales. Continuous monitoring and efficiency enhancement of the inventory system of this type of supply chain is a major challenge for today's logistics professionals. In the processes to be examined, we have to examine a number of parameters, often with random effects, which in most cases require the use of a simulation test method. The dissertation describes the basic concept of a simulation test method that is suitable for defining optimal stocking mechanisms for the products of companies that produce dietary food supplements.

About The Speaker

Szabolcs Szentesi

Szabolcs Szentesi

University of Miskolc, Hungary Flag of Cuba
Practical Info
Presentation
English (US)
Not defined
15 minutes
Not defined
Authors
Ing. Frank Piedra Jimenez
Szabolcs Szentesi
B. Illés
P. Tamás
Keywords
Inventory system
food industry
simulation