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THE OPTIMAL PROCUREMENT STRATEGY OF AVIATION MILITARY PRODUCTS: A CASE STUDY

机译:航空军品的最优采购策略:案例研究

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Since aviation military products are usually of high value, to keep a high inventory level will lead to a large investment on inventory holding cost.In this paper, we investigated the inventory system of China National Aero-Technology Import and Export Corporation (CATIC) and proposed some inventory policies to improve their inventory management.Specifically, based on the marketing and purchasing data, we classified the products into two categories.The first category includes the products whose selling lead time is longer than the ordering lead time, which can be purchased according to the accepted order without holding any inventory.For products in another category, we adapted an inventory model to the real-world inventory system where the ordering cost is small enough and therefore ignored.Thus, it is very important for aviation military trading firms to optimize the inventory policy.Based on the real data of products we predicted the demand firstly and built a model yielding the optimal inventory policy of the order quantity and the order time.We also analysed how the order quantity affects the fill rate and the in-stock probability and the results indicates that PTO and PTS strategy can be used together to maximize service level for customers.
机译:由于航空军事产品通常是高价值的,因此保持较高的库存水平将导致大量的库存持有成本投资。提出了一些改善库存管理的库存策略。特别是根据市场营销和采购数据,将产品分为两类。第一类包括销售提前期长于订购提前期的产品,可以购买。对于不属于任何类别的产品,我们对库存模型进行了调整,以适应实际库存系统,在该系统中订购成本足够小,因此被忽略了,因此,这对于航空军事贸易公司而言非常重要基于产品的真实数据,我们首先预测了需求,并建立了一个模型订单数量和订单时间的最佳库存策略。我们还分析了订单数量如何影响填充率和库存概率,结果表明PTO策略和PTS策略可以一起使用,以最大限度地提高客户的服务水平。

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