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Integration of a Heuristic Method into an ERP Software: A Successful Experience for a Dynamic Multi-item Lot Sizing Problem

In: Advanced Business Analytics

Author

Listed:
  • José M. Gutiérrez

    (Universidad de La Laguna)

  • Marcos Colebrook

    (Universidad de La Laguna)

  • Cristian Rivero

    (Urban Science)

  • Teresa Pestana

    (ITOP MC)

Abstract

This chapter focuses on the successful collaboration between a research team at the Universidad de La Laguna (Tenerife, Spain) and the firm ITOP Management Consulting, which is a SAP partner mainly interested in developing solutions for SMEs. Company representatives came to our group to propose us both the design of an efficient algorithm to reduce inventory costs in companies, and its eventual integration as an add-on in SAP Business One platform. The problem arises in those firms with storage capacity that should schedule the replenishment orders for several items along a finite planning horizon. After 2 years, the algorithm was finally implemented in C# and .NET. A comprehensive computational experiment was carried out considering a wide range of random instances. The experimental results revealed that heuristic solutions were on average 5 % above the best solution provided by CPLEX optimizer.

Suggested Citation

  • José M. Gutiérrez & Marcos Colebrook & Cristian Rivero & Teresa Pestana, 2015. "Integration of a Heuristic Method into an ERP Software: A Successful Experience for a Dynamic Multi-item Lot Sizing Problem," Springer Books, in: Fausto Pedro García Márquez & Benjamin Lev (ed.), Advanced Business Analytics, edition 127, pages 21-37, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-11415-6_2
    DOI: 10.1007/978-3-319-11415-6_2
    as

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