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Exploiting timely demand information in determining production lot-sizing: an exploratory study

Author

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  • Qiannong Gu
  • John K. Visich
  • Kunpeng Li
  • Ziping Wang

Abstract

The emerging automatic data-capturing technology, radio frequency identification technology (RFID), has been extensively adopted in logistics process and retail operations. However, limited research has been conducted on how to exploit and integrate RFID-enabled timely demand information into production processes. The lack of sufficient evaluation on the financial benefits of RFID hinders the adoption of this technology in production processes. In this study, we propose a framework to integrate RFID-enabled timely demand information into a dynamic production lot-sizing problem. Our results show that manufacturers, distributors and retailers can benefit from the availability of timely demand information via RFID. Our research sheds new light on understanding the financial value of RFID in a production process, and fills a gap in the application of RFID along the supply chain.

Suggested Citation

  • Qiannong Gu & John K. Visich & Kunpeng Li & Ziping Wang, 2017. "Exploiting timely demand information in determining production lot-sizing: an exploratory study," International Journal of Production Research, Taylor & Francis Journals, vol. 55(16), pages 4531-4543, August.
    • Handle: RePEc:taf:tprsxx:v:55:y:2017:i:16:p:4531-4543
    DOI: 10.1080/00207543.2016.1245452
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    Cited by:

    1. A. V. Thomas & Biswajit Mahanty, 2021. "Dynamic assessment of control system designs of information shared supply chain network experiencing supplier disruption," Operational Research, Springer, vol. 21(1), pages 425-451, March.
    2. Zhou, Shenghan & Zhou, Yuliang & Zuo, Xiaorong & Xiao, Yiyong & Cheng, Yang, 2018. "Modeling and solving the constrained multi-items lot-sizing problem with time-varying setup cost," Chaos, Solitons & Fractals, Elsevier, vol. 116(C), pages 202-207.

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