Global Production Planning Process considering the Supply Risk of Overseas Manufacturing Sites
Joint Authors
Source
Mathematical Problems in Engineering
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-13, 13 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-08-20
Country of Publication
Egypt
No. of Pages
13
Main Subjects
Abstract EN
Although global manufacturers can produce most of their final products in local plants, they need to source components or parts from desirable overseas manufacturing partners at low cost in order to fulfill customer orders.
In this global manufacturing environment, capacity information for planning is usually imprecise owing to the various risks of overseas plants (e.g., foreign governments’ policies and labor stability).
It is therefore not easy for decision-makers to generate a global production plan showing the production amounts at local plants and overseas manufacturing facilities operated by manufacturing partners.
In this paper, we present a new global production planning process considering the supply risk of overseas manufacturing sites.
First, local experts estimate the supply capacity of an overseas plant using their judgment to determine when the risk could occur and how large the risk impact would be.
Next, we run a global production planning model with the estimated supply capacities.
The proposed process systematically adopts the qualitative judgments of local experts in the global production planning process and thus can provide companies with a realistic global production plan.
We demonstrate the applicability of the proposed process with a real world case.
American Psychological Association (APA)
Jung, Hosang& Sim, Seungbae. 2015. Global Production Planning Process considering the Supply Risk of Overseas Manufacturing Sites. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-13.
https://search.emarefa.net/detail/BIM-1073902
Modern Language Association (MLA)
Jung, Hosang& Sim, Seungbae. Global Production Planning Process considering the Supply Risk of Overseas Manufacturing Sites. Mathematical Problems in Engineering No. 2015 (2015), pp.1-13.
https://search.emarefa.net/detail/BIM-1073902
American Medical Association (AMA)
Jung, Hosang& Sim, Seungbae. Global Production Planning Process considering the Supply Risk of Overseas Manufacturing Sites. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-13.
https://search.emarefa.net/detail/BIM-1073902
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1073902