Supporting the Decision of the Order Processing Strategy by Using Logistic Models: A Case Study

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Authors

The selection of a suitable order processing strategy from an economic and logistic point of view plays a fundamental role in the achievement of efficient and waste-free production processes. Many factors influence the order processing strategy and the choice of the order processing strategy affects many variables. The problem for companies that has not yet been solved is the holistic selection of the best possible order processing strategy for each product or product group and, if necessary, subordinate components.
The authors present an approach to analyze the effects of the choice of the order processing strategy on the economic and logistic objectives. The description and modeling of the interdependencies between the order processing strategies and the influenced objectives refer to existing logistic models. A case study to evaluate the impact of different order processing strategies on costs shows the practicality of the proposed approach. The exemplary application of the presented approach showed a potential of an average reduction of 30% of the variable costs resulting from the change of the order processing strategy. The savings varied between 1% and 62% depending on the order quantity and frequency for the individual products.
Original languageEnglish
Title of host publicationAdvances in Production Management Systems : The Path to Digital Transformation and Innovation of Production Management Systems; IFIP WG 5.7 International Conference, APMS 2020 Novi Sad, Serbia, August 30 – September 3, 2020 Proceedings, Part I
EditorsBojan Lalic, Ugljesa Marjanovic, Vidosav Majstorovic, Gregor von Cieminski, David Romero
Number of pages8
Volume1
Place of PublicationCham
PublisherSpringer Verlag
Publication date2020
Pages343-350
ISBN (print)978-3-030-57992-0
ISBN (electronic)978-3-030-57993-7
DOIs
Publication statusPublished - 2020
EventInternational IFIP WG 5.7 Conference on Advances in Production Management Systems: The path to digital transformation and innovation of production management systems - University of Novi Sad, Novi Sad, Serbia
Duration: 30.08.202003.09.2020

    Research areas

  • Engineering - Order processing strategy, Interdependencies, Logistic models

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