DEVELOPMENT OF SUPPLY CHAIN TOOLS IN IMPROVING THE EFFICIENCY OF MANUFACTURING UNIT- A CASE OF INDIA CEMENTS LIMITED
2011
Inventories, Transportation, Facilities are the important tools of supply chain management. Inventory is one of the key determinants of the productivity of cement industry. To effectively manage inventory levels, it is essential to consider the appropriate reorder points and the optimized ordering quantity at that reorder point. In this research work the ordering quantity and reorder points that minimizes the cost are found out using the concepts of Genetic algorithm by using the demand rate as well as the associated solution demand matrix. Routing has become one of the most important types of supply chain management tools in managing the global supply chain. Modifying the organization’s capability to generate products and services in par with customer demand is the objective of facility planning. The proposed system is also used to find the optimized usage of the facility and finds the best routed supplier with minimum routing cost.
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