11th February 2002
http://www.unusualresearch.com/supplychain/supplychain.htm
"Manufacturing organizations must always deal with determining how to balance on-hand part inventories and
suppliers' response times.
This article describes a project called
supply chain, which focused on characterizing the various
stochastic events influencing a manufacturing organization's
shipment and inventory performance. A collection of statistical
modeling assumptions, equations, and equation derivations are
described that focus on minimizing on-hand inventory and
optimizing supplier response time.
The
Supply Chain Approach to Planning and Procurement
Management
The supply chain
approach models stochastic events influencing a manufacturingo rganization's shipment and inventoryp erformance in the same
way that a mechanical engineer models tolerance buildup in a
new product design. The objectives are to
minimize on-hand
inventory and optimize supplier response times.
" - by Gregory A.
Kruger
You can contact me at the above URL if you want some real world horror stories of MRP/ERP systems that I've been forced to use.
I hope the above info will give them a run for their money when GNUE is ready to take them on. - BobP.
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