Title :
Inventory management simulations at Cat Logistics
Author :
Goodsell, C. Ann ; Van Kley, Thomas J.
Author_Institution :
Caterpillar Logistics Services Inc., Mossville, IL, USA
Abstract :
Simulation is used extensively by Caterpillar Logistics Services, Inc. (Cat Logistics) to determine an appropriate strategy for achieving clients´ inventory and customer service goals. Internally developed inventory management simulations, at the transaction and SKU level, help both to develop inventory/service strategies for potential clients and to determine the effect of a change in strategy for existing clients. Inventory management continues to be a significant contributor to the success of Cat Logistics. It is one service that distinguishes Cat Logistics from all other third party logistics providers; a distinction made possible, in large part, by Cat Logistics simulation technology
Keywords :
digital simulation; logistics data processing; stock control data processing; Cat Logistics; Caterpillar Logistics Services; customer service; inventory management simulation; Availability; Customer service; Engines; Inventory management; Investments; Logistics; Manufacturing industries; Marketing and sales; Monitoring; World Wide Web;
Conference_Titel :
Simulation Conference, 2000. Proceedings. Winter
Conference_Location :
Orlando, FL
Print_ISBN :
0-7803-6579-8
DOI :
10.1109/WSC.2000.899084