Determination of Interval Order Policy at Distributor and Retailers using Innovative Heuristic Method to Minimize Inventory Total Cost (Application Case at Distributor X in Indonesia)

Heryanto, Rainisa Maini and Santoso, Santoso and Kristianto, Elizabeth Ivana (2016) Determination of Interval Order Policy at Distributor and Retailers using Innovative Heuristic Method to Minimize Inventory Total Cost (Application Case at Distributor X in Indonesia). In: The 18th International Conference on Industrial Engineering, October 10-12, 2016, Seoul.

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Abstract

A supply chain system usually consists of entities such as manufacturer, distributor, retailer, and customer. Integration in a supply chain system is an important factor to increase competitiveness between each other. This research will be discussed how to integrate between single distributor and ten retailers of eight products and to find a minimum inventory total cost. Currently, distributor and each retailer have its own order policy and give an impact that inventory total cost is expensive. The innovative heuristic method which used to integrate order policy between distributor and retailers for multi item is a model of Praharsi, et al (2014). The initial step in this research is calculating the cost elements such as ordering cost and holding cost, then calculating inventory total cost with current method and innovative heuristic method. The result of this research is interval order policy at distributor and each retailer. This method is given a minimum inventory total cost at distributor and each retailer.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: integration, innovative heuristic, interval order policy, inventory total cost
Subjects: T Technology > T Technology (General)
Depositing User: Perpustakaan Maranatha
Date Deposited: 27 Jul 2017 02:40
Last Modified: 27 Jul 2017 02:40
URI: http://repository.maranatha.edu/id/eprint/22768

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