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Study on the simulation of core manufacturing inventory control system based on system dynamics model

Sheng Liu

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Abstract

It is necessary to reveal the mechanism of inventory control and provide space for simulation and scientific basis for inventory management decision-making,so as to accommodate the higher demands for the inventory management of manufacturing based on the unpredictable competition of supply chain.The paper analyzed the core manufacturing inventory control system of the supply chain environment,based on the principles and methods of system dynamics.The model of inventory management system which combines with the actual situation of a Lubrication equipment manufacturing enterprise is simulated on the platform Vensim,and analyzed the results comprehensively.The quantitative and qualitative method of manufacturing inventory management is provided.

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What this paper is about

It is necessary to reveal the mechanism of inventory control and provide space for simulation and scientific basis for inventory management decision-making,so as to accommodate the higher demands for the inventory management of manufacturing based on the unpredictable competition of supply chain.The paper analyzed the core manufacturing inventory control system of the supply chain environment,based on the principles and methods of system dynamics.The model of inventory management system which combines with the actual situation of a Lubrication equipment manufacturing enterprise is simulated on the platform Vensim,and analyzed the results comprehensively.The quantitative and qualitative method of manufacturing inventory management is provided.

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Available abstract

It is necessary to reveal the mechanism of inventory control and provide space for simulation and scientific basis for inventory management decision-making,so as to accommodate the higher demands for the inventory management of manufacturing based on the unpredictable competition of supply chain.The paper analyzed the core manufacturing inventory control system of the supply chain environment,based on the principles and methods of system dynamics.The model of inventory management system which combines with the actual situation of a Lubrication equipment manufacturing enterprise is simulated on the platform Vensim,and analyzed the results comprehensively.The quantitative and qualitative method of manufacturing inventory management is provided.

Key concepts: Inventory theory, Supply chain, Inventory control, System dynamics, Control (management), Manufacturing engineering, Inventory management, Core (optical fiber)

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