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Reel Stock Analysis for an Integrated Paper Packaging Company

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  • Constantine Goulimis
  • Gaston Simone

Abstract

The production of corrugated paper boxes accounts for roughly one third of the world's total paper production and, as a result of both COVID-19 and the rise of e-commerce, is a growing market. We provide a fresh approach to determining near-optimal stock policies for integrated paper companies. The new approach shows that existing policies can be improved by a significant margin. In a case study we saw a reduction in total waste by 9%, with a simultaneous decrease in logistics costs.

Suggested Citation

  • Constantine Goulimis & Gaston Simone, 2020. "Reel Stock Analysis for an Integrated Paper Packaging Company," Papers 2011.05858, arXiv.org, revised Nov 2020.
    • Handle: RePEc:arx:papers:2011.05858
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    References listed on IDEAS

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    1. Florian Jaehn & Raisa Juopperi, 2019. "A Description of Supply Chain Planning Problems in the Paper Industry with Literature Review," Asia-Pacific Journal of Operational Research (APJOR), World Scientific Publishing Co. Pte. Ltd., vol. 36(01), pages 1-39, February.
    2. Hinxman, A. I., 1980. "The trim-loss and assortment problems: A survey," European Journal of Operational Research, Elsevier, vol. 5(1), pages 8-18, July.
    3. Pinar Keskinocak & Frederick Wu & Richard Goodwin & Sesh Murthy & Rama Akkiraju & Santhosh Kumaran & Annap Derebail, 2002. "Scheduling Solutions for the Paper Industry," Operations Research, INFORMS, vol. 50(2), pages 249-259, April.
    4. Bruce L. Golden & Frank B. Alt, 1979. "Interval estimation of a global optimum for large combinatorial problems," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 26(1), pages 69-77, March.
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