Open Science Research Excellence
%0 Journal Article
%A GuentherSchuh and  Till Potente and  SaschaFuchs and  Annika Hauptvogel and  Tobias Welter
%D 2012 
%J  International Journal of Industrial and Manufacturing Engineering
%B World Academy of Science, Engineering and Technology
%I International Science Index 65, 2012
%T Value Stream Oriented Inventory Management
%U http://waset.org/publications/14088
%V 65
%X Producing companies aspire to high delivery
availability despite appearing disruptions. To ensure high delivery
availability safety stocksare required. Howeversafety stock leads to
additional capital commitment and compensates disruptions instead
of solving the reasons.The intention is to increase the stability in
production by configuring the production planning and control
systematically. Thus the safety stock can be reduced. The largest
proportion of inventory in producing companies is caused by batch
inventory, schedule deviations and variability of demand rates.These
reasons for high inventory levels can be reduced by configuring the
production planning and control specifically. Hence the inventory
level can be reduced. This is enabled by synchronizing the lot size
straightening the demand as well as optimizing the releasing order,
sequencing and capacity control.
%P 871 - 876