Authors
Wissam El Hachem, Ramy Harik, Joseph Khoury
Conference
IFIP International Conference on Product Lifecycle Management (pp. 642-651). Columbia, South Carolina, United States: Springer, Cham.
Abstract
One of the aspects of a good inventory control system is low Inventory Record Inaccuracy (IRI). IRI control ought to be an integral part of PLM by helping to further streamline the production, transportation and service stages. This paper contributes to the expanding debate on linking error generation to Inventory Record Inaccuracy (IRI) and its ensuing effects on performance. Methods of discovering and eliminating the root causes of IRI are presented. A System Dynamics (SD) simulation model is used to examine and confirm the substantial impact of error generation and IRI on workflow. The results of the model show that even a small undetected source of IRI can accumulate and eventually destabilize the entire system.
Keywords
supply chain, inventory control, error generation, inventory record inaccuracy, system dynamics
Citation
Wissam EL Hachem, Ramy Harik, & Joseph Khoury. (July 2016). Error Generation, Inventory Record Inaccuracy (IRI) and Effects on Performance: A Dynamic Investigation. IFIP International Conference on Product Lifecycle Management (pp. 642-651). Columbia, South Carolina, United States: Springer, Cham.
Link: https://link.springer.com/chapter/10.1007/978-3-319-54660-5_57