Distribution Planning and Control: An Experimental Comparison of DRP and Order Point Replenishment Strategies
نویسنده
چکیده
The increased globalization of trade has resulted in greater emphasis on Supply Chain Management. The planning and control strategy used to regulate the flow of goods is important in determining performance. Objectives are often stated in terms of meeting delivery requirements while minimizing distribution chain inventory. Distribution Requirements Planning (DRP) and Order Point replenishment systems are two commonly used strategies with very different information requirements. This research examines the performance within networks involving manufacturing, distribution and retail facilities. Multiple products with nonstationary demand are considered. Simulation results are used in identifying strengths and performance characteristics of each strategy.
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