The main goal of this paper is to describe the optimization of the inventory management process in a real context of perishable food products. The study involves one of the largest Italian HO.RE.CA. companies, located in the north of Italy and operating as a provider of the catering, commercial and welfare services. A simulation model was set up with the purpose of adapting three traditional reordering policies (i.e. Re-Order Point, Re-Order Cycle, and (s,S)) to a set of products belonging to company's assortment and evaluating the resulting economic outcomes. To this end, each policy was modelled on Microsoft ExcelTM, so as to compute the total cost of inventory management and determine of the minimum cost strategy. A comparison with the current company's performance and that achievable with the optimized policy is also proposed.
Optimization of a perishable inventory system: A simulation study in a Ho.Re.Ca. company / Piva, E.; Tebaldi, L.; Vignali, G.; Bottani, E.. - ELETTRONICO. - (2020), pp. 20-29. (Intervento presentato al convegno 6th International Food Operations and Processing Simulation Workshop, FoodOPS 2020 tenutosi a virtual conference nel 2020) [10.46354/i3m.2020.foodops.004].
Optimization of a perishable inventory system: A simulation study in a Ho.Re.Ca. company
Tebaldi L.;Vignali G.;Bottani E.
2020-01-01
Abstract
The main goal of this paper is to describe the optimization of the inventory management process in a real context of perishable food products. The study involves one of the largest Italian HO.RE.CA. companies, located in the north of Italy and operating as a provider of the catering, commercial and welfare services. A simulation model was set up with the purpose of adapting three traditional reordering policies (i.e. Re-Order Point, Re-Order Cycle, and (s,S)) to a set of products belonging to company's assortment and evaluating the resulting economic outcomes. To this end, each policy was modelled on Microsoft ExcelTM, so as to compute the total cost of inventory management and determine of the minimum cost strategy. A comparison with the current company's performance and that achievable with the optimized policy is also proposed.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
