TY - GEN
T1 - Simulation-based analysis of inventory levels for low demand spare parts in a cooperative inventory pooling-system
AU - Hafner, Yannic
AU - Looschen, Christian
AU - Fottner, Johannes
N1 - Publisher Copyright:
© Modeling and Applied Simulation, MAS 2019.All Rights Reserved.
PY - 2019
Y1 - 2019
N2 - Due to their systemic relevance, a high availability of intralogistics systems is crucial. This requires the stockpiling of capital-intensive spare parts. Strategies are therefore needed to reduce the severe capital commitment for spare parts management. No practical recommendations and solutions for this problem are available however. This contribution describes strategies and procedures for a cooperative inventory pooling-system and our model of a simulation-based analysis of inventory levels for low demand spare parts in these systems. We determine that companies can gain benefits and greatly lower their inventory level and associated costs when cooperating in spare parts management. Furthermore, we investigated effects of changing network compositions while cooperating over time.
AB - Due to their systemic relevance, a high availability of intralogistics systems is crucial. This requires the stockpiling of capital-intensive spare parts. Strategies are therefore needed to reduce the severe capital commitment for spare parts management. No practical recommendations and solutions for this problem are available however. This contribution describes strategies and procedures for a cooperative inventory pooling-system and our model of a simulation-based analysis of inventory levels for low demand spare parts in these systems. We determine that companies can gain benefits and greatly lower their inventory level and associated costs when cooperating in spare parts management. Furthermore, we investigated effects of changing network compositions while cooperating over time.
KW - Cooperative inventory-pooling
KW - Discrete event simulation
KW - Inventory optimization
KW - Spare parts management
UR - http://www.scopus.com/inward/record.url?scp=85074196750&partnerID=8YFLogxK
U2 - 10.46354/i3m.2019.mas.010
DO - 10.46354/i3m.2019.mas.010
M3 - Conference contribution
AN - SCOPUS:85074196750
T3 - 18th International Conference on Modeling and Applied Simulation, MAS 2019
SP - 72
EP - 78
BT - 18th International Conference on Modeling and Applied Simulation, MAS 2019
A2 - Bruzzone, Agostino G.
A2 - De Felice, Fabio
A2 - Dias, Luis Miguel Silva
A2 - Massei, Marina
A2 - Solis, Adriano
PB - Dime University of Genoa
T2 - 18th International Conference on Modeling and Applied Simulation, MAS 2019
Y2 - 18 September 2019 through 20 September 2019
ER -