Abstract: Supply chain management has become more
challenging with the emerging trend of globalization and
sustainability. Lately, research related to perishable products supply
chains, in particular agricultural food products, has emerged. This is
attributed to the additional complexity of managing this type of
supply chains with the recently increased concern of public health,
food quality, food safety, demand and price variability, and the
limited lifetime of these products. Inventory management for agrifood
supply chains is of vital importance due to the product
perishability and customers- strive for quality. This paper
concentrates on developing a simulation model of a real life case
study of a two echelon production-distribution system for agri-food
products. The objective is to improve a set of performance measures
by developing a simulation model that helps in evaluating and
analysing the performance of these supply chains. Simulation results
showed that it can help in improving overall system performance.
Abstract: Spare parts inventory management is one of the major
areas of inventory research. Analysis of recent literature showed that
an approach integrating spare parts classification, demand
forecasting, and stock control policies is essential; however, adapting
this integrated approach is limited. This work presents an integrated
framework for spare part inventory management and an Excel based
application developed for the implementation of the proposed
framework. A multi-criteria analysis has been used for spare
classification. Forecasting of spare parts- intermittent demand has
been incorporated into the application using three different
forecasting models; namely, normal distribution, exponential
smoothing, and Croston method. The application is also capable of
running with different inventory control policies. To illustrate the
performance of the proposed framework and the developed
application; the framework is applied to different items at a service
organization. The results achieved are presented and possible areas
for future work are highlighted.