Modelling of just-in-sequence supply of manufacturing processes

Abstract

The customer oriented production led to the growth of complexity of manufacturing and connected logistics processes. In many production companies one of the largest asset on balance sheet is inventory. To avoid inventory problems and to be the winners of today’s market situation manufacturing companies try to decrease heavy inventory levels through just-in-time based supply strategies. The aim of this research work is to analyse these supply strategies. The first part of the paper describes the just-in-time based supply and summarises the most important characteristics of them. The second part focuses on the modelling of just-in-sequence based in-plant supply. The models makes it possible to determine different in-plant supply strategies.