A hybrid replenishment model, the best fit in fast growing industries

During the design supply chain control processes, balancing cost versus service plays an important role. To select the most suitable replenishment strategy is the main enabler in reaching the goal of finding the optimal balance. In this article a framework is developed which will help to select the right replenishment strategy and to design a...

Supply chain planning at Philips Lighting Lumileds: A design and implementation of a stock control model to balance customer service and stock levels in an end to end environment to improve product availability.

Improving service level at the lowest possible costs is and will always be one of the key objectives of Philips Electronics. This research illustrates how a part of the Philips supply chain control is setup /designed to support this objective. Within Philips, the business unit called Lumileds supplies LED’s to its customers. One of the...