TY - GEN
T1 - Define profiles and level of buffersOperations Improvement and Inventory Reduction for an Artisanal Chocolate Business using Aggregate Planning and DDMRP
AU - Valdivia-Silva, Yady Gianela
AU - Marin-Asenjo, Byron Alberto
AU - Maradiegue-Tuesta, John Fernando
N1 - Publisher Copyright:
© 2022 ACM.
PY - 2022/9/27
Y1 - 2022/9/27
N2 - The COVID-19 pandemic, unleashed at the end of 2019, seriously affected not only the health of thousands of Peruvians but also the economy and production systems. This is reflected in the reduction of the GDP, which during that year suffered a reduction of 11.12%. Regarding the chocolate industry, consumption, production, and importation were growing in previous years, but had a significant decrease during 2020. Due to government sanitary restrictions, many Peruvian businesses were forced to keep their inventory on hand almost all year. Despite the fact that some experts affirm that it is convenient to maintain a greater number of inventories when there is dynamism in the labor market, it is very risky to keep such levels of stocks permanently. In the present investigation, an inventory management improvement model is proposed using the DDMRP and PA techniques, with which the optimal quantities to be produced and kept in inventories will be determined at the different levels of the supply chain. In this way, the impact generated by the Inventory Maintenance Cost (IMC) will be reduced, and the Inventory Turnover Ratio (ITR) will be increased to 3.2. The model will be validated by simulation to verify that the levels are optimal for the system.
AB - The COVID-19 pandemic, unleashed at the end of 2019, seriously affected not only the health of thousands of Peruvians but also the economy and production systems. This is reflected in the reduction of the GDP, which during that year suffered a reduction of 11.12%. Regarding the chocolate industry, consumption, production, and importation were growing in previous years, but had a significant decrease during 2020. Due to government sanitary restrictions, many Peruvian businesses were forced to keep their inventory on hand almost all year. Despite the fact that some experts affirm that it is convenient to maintain a greater number of inventories when there is dynamism in the labor market, it is very risky to keep such levels of stocks permanently. In the present investigation, an inventory management improvement model is proposed using the DDMRP and PA techniques, with which the optimal quantities to be produced and kept in inventories will be determined at the different levels of the supply chain. In this way, the impact generated by the Inventory Maintenance Cost (IMC) will be reduced, and the Inventory Turnover Ratio (ITR) will be increased to 3.2. The model will be validated by simulation to verify that the levels are optimal for the system.
KW - Aggregate Production Planning
KW - Artisan Cacao Production
KW - Buffer Stock
KW - Cacao
KW - Chocolate
KW - DDMRP
KW - Master Production Schedule
KW - Overstock
KW - Production
UR - https://www.scopus.com/pages/publications/85147430284
U2 - 10.1145/3568834.3568884
DO - 10.1145/3568834.3568884
M3 - Contribución a la conferencia
AN - SCOPUS:85147430284
T3 - ACM International Conference Proceeding Series
SP - 67
EP - 72
BT - 2022 8th International Conference on Industrial and Business Engineering, ICIBE 2022
PB - Association for Computing Machinery
T2 - 8th International Conference on Industrial and Business Engineering, ICIBE 2022
Y2 - 27 September 2022 through 29 September 2022
ER -