Title :
A Closed-Loop Control System Based on the Logistics Cost of Supply Chain
Author :
Ping, Xiong ; Yang Mingzhong
Author_Institution :
Dept. of Mech. & Electron. Eng., Wuhan Univ. of Technol., Wuhan, China
Abstract :
The key to win the market for the supply chain organizations is to reduce the total cost of logistics and to provide best service for customers. According to analyzing the logistics status of the manufactures, this paper presents a closed-loop optimization system based on cutting down the inventory, sharing the information, and with the feedback be times to make the logistics cost reduced step by step.
Keywords :
closed loop systems; cost reduction; customer services; industrial control; optimisation; supply chain management; supply chains; closed-loop control system; closed-loop optimization system; customer service; logistics cost reduction; supply chain organizations; Control systems; Cost function; Inventory control; Logistics; Manufacturing; Mass production; Material storage; Production systems; Supply chain management; Supply chains; Information Feedback; Inventory; Logistics Cost; Supply Chain;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering, 2008. ICIII '08. International Conference on
Conference_Location :
Taipei
Print_ISBN :
978-0-7695-3435-0
DOI :
10.1109/ICIII.2008.269
