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The effect of Inventory Record Inaccuracy in Information Exchange Supply Chains

Salvatore Cannella, Jose M. Framinan, Manfredi Bruccoleri, Ana Paula Barbosa-Póvoa, Susana Relvas
2015 European Journal of Operational Research  
To do so, we model an Information Exchange Supply Chain under shrinkage errors in the inventory item recording activity of their nodes, present the mathematical formulation of such supply chain model,  ...  The goal of this paper is to quantify the impact of Inventory Record Inaccuracy on the dynamics of collaborative supply chains, both in terms of operational performance (i.e. order and inventory stability  ...  Acknowledgements We wish to thank the anonymous referees for insightful comments on earlier versions of the paper.  ... 
doi:10.1016/j.ejor.2014.11.021 fatcat:ch2p7talwnaz3mbdx2tujk2ssi

Inventory record inaccuracy in supply chains: the role of workers' behavior

Manfredi Bruccoleri, Salvatore Cannella, Giulia La Porta
2014 International Journal of Physical Distribution & Logistics Management  
Inventory record inaccuracy in supply chains Inventory record inaccuracy in supply chains Inventory record inaccuracy in supply chains Figure 1.  ...  III Equations of the model 805 Inventory record inaccuracy in supply chains corresponds to Table IV .  ... 
doi:10.1108/ijpdlm-09-2013-0240 fatcat:mrsj53mqfzgmhgsyqodgj3osxi

Elimination of Misconduct in Manual Counting Process as an Improvement of Inventory Accuracy in A Manufacturing Company

Iman Haddad Qaisara Dhia Mohd Mahzan, Khai Loon Lee
2021 International Journal of Industrial Management  
The objective of this study is to investigate the factors affecting inventory inaccuracy in Factory 21 of ABC manufacturing company.  ...  This paper proposes the deployment of Arduino sensor network system in automating the carton counting process.The findings for this study show that the automation system able to improve the inventory record  ...  Therefore, due to the existence of inventory inaccuracy, RFID-enabled data sharing supply chains in which all supply chain stages implementing RFID are more susceptible to bullwhip effect magnification  ... 
doi:10.15282/ijim.10.1.2021.6051 fatcat:qb5u56zzcbds5grgsaezpsxmfy

A Design Pattern For Modelling And Simulation In Hospital Pharmacy Management

Wirachchaya Chanpuypetch, Duangpun Kritchanchai
2017 ECMS 2017 Proceedings edited by Zita Zoltay Paprika, Péter Horák, Kata Váradi, Péter Tamás Zwierczyk, Ágnes Vidovics-Dancs, János Péter Rádics  
Process modellers can rapidly understand the context of problems through design patterns. The proposed patterns can be reused to create a new model and conduct a successful simulation study.  ...  Redesigning business processes is an effective way for improvement. However, business process mapping and analysis in healthcare environment has become a complex task.  ...  The proposed system with RFID implementation can enhance supply chain effectiveness by minimising the inventory inaccuracy problem.  ... 
doi:10.7148/2017-0222 dblp:conf/ecms/ChanpuypetchK17 fatcat:nyo5azm2y5hmvgfg7k4uc7eyge

Fuzzy rule-based system for the economic analysis of RFID investments

Alp Ustundag, Mehmet Serdar Kılınç, Emre Cevikcan
2010 Expert systems with applications  
In this method, the elements of cost and benefits are determined in order to measure the value of an RFID investment.  ...  That being the case, fair evaluation of savings associated with increasing performance and investment costs has a great role in the success of RFID projects.  ...  Most studies in this area use the simulation method to measure the effects of inventory inaccuracy on supply chain performance.  ... 
doi:10.1016/j.eswa.2010.01.009 fatcat:g33f2zob6rfevcinmz2upjlsve

Research and Management Insights

2013 Production and operations management  
On the other hand, reducing stocking levels can lead to improved information about inventory record inaccuracies that can pay off in the future.  ...  Much of the previous research focuses on the impact of inter-echelon coordination and information sharing on supply-chain performance.  ... 
doi:10.1111/j.1937-5956.2013.01401.x fatcat:q2bhqslmp5ghhjmotyk4yb6pri

Harnessing Information Systems & Technology with Supply Chain Management for Performance Excellence in Retail Sector

Muhammad Hashim Amin
2017 Journal of Business and Social Review in Emerging Economies  
Advancements in Information Technology (IT) and Information System (IS) are supporting the companies to achieve this goal.  ...  Purpose: Retailers are revolutionizing the ways they manage their operations and supply chains to meet customer's ever changing needs.  ...  One of the major bottlenecks in managing retail SCM is the inventory record inaccuracy.  ... 
doi:10.26710/jbsee.v3i2.55 fatcat:m55rdzwuwncapnqnvd3jk7zy4a

Analysis of simple inventory control systems with execution errors: Economic impact under correction opportunities

Esma S. Gel, Nesim Erkip, Anoop Thulaseedas
2010 International Journal of Production Economics  
We show that the economic impact of inventory record inaccuracies can be significant, particularly in systems with small order sizes and low reorder levels.  ...  To evaluate the economic impact of inventory record inaccuracies, we use a simulation model of a (Q,r) inventory control system and evaluate suboptimalities in cost and customer service that arise as a  ...  In addition to affecting the inventory-related costs, inventory record inaccuracies are likely to impact the performance of the whole supply chain.  ... 
doi:10.1016/j.ijpe.2010.01.016 fatcat:okvktn6dvna3rc5wgbk54thps4

Integrating supply chain data standards in healthcare operations and Electronic Health Records

Raja Jayaraman, Kamal Taha, Angelica Burbano Collazos
2015 2015 International Conference on Industrial Engineering and Operations Management (IEOM)  
In this paper, we present the significance and benefits of adopting and transacting using supply chain data standards, improvement areas within provider operations, potential advantages of integrating  ...  Electronic Health Records (EHRs) together with supporting information systems offer myriad possibilities for system wide improvements to data access, work flow and integrated information exchange.  ...  Patient Billing and Insurance Claims Supply chain standards enable providers to record product usage at the point of care or during product retrieval eliminating inaccuracies in billing.  ... 
doi:10.1109/ieom.2015.7093871 fatcat:bohsfoft5jaglomtt7ktvjfjem

Understanding Intra-organisational Information Dependency: An Empirical Network Analysis of Vietnamese Freight Forwarding Industry

Leon Teo, Duy Dang-Pham, Mathews Nkhoma, Thanh-Thuy Nguyen
2018 Operations and Supply Chain Management An International Journal  
Keywords: information exchange, information quality, bullwhip effect, supply chain performance, social network analysis, freight forwarding. Dr.  ...  The use of timely, accurate, and relevant information is crucial for supply chain performance.  ...  Information sharing and bullwhip effect The "bullwhip effect" refers to the amplification of order variance in the upstream members in the supply chain due to the misuse or misunderstanding of demand  ... 
doi:10.31387/oscm0310203 fatcat:5rdan3lbgrdqfimyhxyv4vkwze

Supply Chain Challenges in Pharmaceutical Manufacturing Companies: Using Qualitative System Dynamics Methodology

Asiye Moosivand, Ali Rajabzadeh Ghatari, Hamid Reza Rasekh
2019 Iranian journal of pharmaceutical research  
Inaccuracy in forecasting, long lead times, lack of optimum target inventory, and high SC costs are the most important PSC problems.  ...  The purpose of this research is to explore pharmaceutical supply chain (PSC) challenges and the dynamics behavior of variables playing a special role in PSC.  ...  The authors would like to thank supply chain managers in pharmaceutical companies for their sincere cooperation.  ... 
doi:10.22037/ijpr.2019.2389 pmid:31531092 pmcid:PMC6706717 fatcat:sqegdk6xszevje2vh43r4yjgfe

The Value of Inventory Accuracy in Supply Chain Management: Case Study of the Yedioth Communication Press

Hila Shteren, Assaf Avraham
2017 Journal of Theoretical and Applied Electronic Commerce Research  
Our work focuses on the quality information aspect of the inventory management domain of the supply chain in the organization.  ...  These events lead to differences between inventory reflected in the IT system records and available inventory for sale.  ...  [11] Examined the link between inventory inaccuracy and performance in the retailer supply chain.  ... 
doi:10.4067/s0718-18762017000200006 fatcat:iizioqv7uneqlk3xzay3vrq2du

Information Technology for Supply Chain Management: Literature Review

Shahryar Sorooshian
2020 International Journal of Advanced Trends in Computer Science and Engineering  
Without IT, effective SCM (supply chain management) is unachievable. Thus, the development and adoption of IT has become a common phenomenon in SCM.  ...  The technological growth of internet services and devices has enabled users easier access to online information. IT (Information Technology) is a necessity for all industries.  ...  High-quality information transfer through IT capabilities [12] . It can reduce the inaccuracy of inventory records and improve inventory efficiency.  ... 
doi:10.30534/ijatcse/2020/13912020 fatcat:fiu5yejfz5f3ff72tq445vqf2i

Information Integration of CPFR in Automobile Parts Inbound Logistics Based on Internet of Things

Xiaohui Liu, Youwang Sun
2012 Journal of Computers  
With the improvement of supply chain management and development of information technology, the nature of business processes has changed from intraenterprise to cross-enterprise.  ...  The information integration of CPFR in inbound logistics of automotive manufacturers is analyzed.  ...  Information integration in supply chain refers to the sharing of information and knowledge among members of the supply chain, including demand information, inventory status, capacity plans, etc.  ... 
doi:10.4304/jcp.7.2.349-355 fatcat:yjxgt3t4f5asfcvbz233j5cqve

Data Mining the Data Processing Technologies for Inventory Management

Chien-wen Shen, Heng-Chi Lee, Ching-Chih Chou, Chiao-Chun Cheng
2011 Journal of Computers  
This information can help companies to choose suitable tools through the understanding of the most essential innovations.  ...  The first objective of data mining in this study is to find the core technologies by evaluating patent citation matrix and patent strength.  ...  Hence, the RFID-enabled pull-based supply chain can effectively decrease total inventory cost and increase inventory turnover rate through the support of object visibility from RFID [14] .  ... 
doi:10.4304/jcp.6.4.784-791 fatcat:4kgk5meyozdnrmddw5inh6xja4
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