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The Actual Nature of Lead Times in Supply Chains Following a Strict Reorder Point Based Approach

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Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017 (ISAT 2017)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 657))

Abstract

The aim of this research is to demonstrate that supply chains by their very nature will experience stochastic rather than deterministic lead times. The presented study focuses on simulating delivery lead times in supply chains, where each echelon is servicing the next downstream member from inventory. The aim is to highlight the need for increased research focus on supply chains with stochastic lead times. Through a simple numerical example we conclusively show that lead times in any real supply chain following a re-order point method must be stochastic even in the case where lead times between individual echelons are in fact deterministic.

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Authors and Affiliations

  1. Department of Mechanical and Manufacturing Engineering, Aalborg University, Aalborg, Denmark

    Peter Nielsen & Izabela Nielsen

  2. Department of Mathematics and Cybernetics, Wrocław University of Economics, Wrocław, Poland

    Zbigniew Michna

Authors
  1. Peter Nielsen
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  2. Zbigniew Michna
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  3. Izabela Nielsen
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Corresponding author

Correspondence to Peter Nielsen .

Editor information

Editors and Affiliations

  1. Department of Management Systems, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Zofia Wilimowska

  2. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Leszek Borzemski

  3. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Jerzy Świątek

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Nielsen, P., Michna, Z., Nielsen, I. (2018). The Actual Nature of Lead Times in Supply Chains Following a Strict Reorder Point Based Approach. In: Wilimowska, Z., Borzemski, L., Świątek, J. (eds) Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017. ISAT 2017. Advances in Intelligent Systems and Computing, vol 657. Springer, Cham. https://doi.org/10.1007/978-3-319-67223-6_16

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  • DOI: https://doi.org/10.1007/978-3-319-67223-6_16

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-67222-9

  • Online ISBN: 978-3-319-67223-6

  • eBook Packages: EngineeringEngineering (R0)

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