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- W2727852893 abstract "Background and Research QuestionHistorically, Lindab has largely focused its efforts on the production, but as a part of recentdevelopment in company strategy, supply chain management has gained more attention. Inthis regard, more attention has been given to stock reduction and minimizing total setup timesto get a leaner production. Therefore, the company wants to investigate the current productionscheduling and sequencing in two well-defined production lines to analyze parametersinfluencing inventory management and production planning decisions. Furthermore, basedon the findings, a model is outlined to support planners in decision making within production.MethodologyThe presented analysis and model outline was conducted in cooperation with Lindab AB. Thestudy followed an abductive research approach and focused on collecting qualitative as well asquantitative data through several methods. The quantitative data collected originated fromseveral databases and was supplemented with semi-structured interviews.Theoretical FrameworkThis study is based upon the established theory on inventory management and productionscheduling and sequencing. Furthermore, approaches described in theory are used toinvestigate the company and outline a production planning model.ConclusionThroughout the analysis, it could be shown that the company bases their inventorymanagement as well as production scheduling and sequencing on the most relevantparameters. However, the values of these parameters are often not optimal and improvementscould be made to further reduce the costs associated with this area. Although, the currentapproach of utilizing the experience of production operators to improve a production linesperformance shows some potential, the obtained results vary between operators and could beimproved by further structuring their approach to production scheduling and sequencing. Astandardized approach is suggested by this study, to increase savings in the areas of averageinventory levels and total setup time." @default.
- W2727852893 created "2017-07-14" @default.
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- W2727852893 date "2017-01-01" @default.
- W2727852893 modified "2023-09-23" @default.
- W2727852893 title "Balancing inventory levels and setup times - An analysis and outline of a decision-making model" @default.
- W2727852893 hasPublicationYear "2017" @default.
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