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Design of self-regulating planning model

In: Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg International Conference of Logistics (HICL), Vol. 27

Author

Listed:
  • Espitia Rincon, Maria Paula
  • Sanabria Martínez, David Alejandro
  • Abril Juzga, Kevin Alberto
  • Santos Hernández, Andrés Felipe

Abstract

Purpose: This research aims to develop a dynamic and self-regulated application that considers demand forecasts, based on linear regression as a basic algorithm for machine learning. Methodology: This research uses aggregate planning and machine learning along with inventory policies through the solver excel tool to make optimal decisions at the distribution center to reduce costs and guarantee the level of service. Findings: The findings after this study pertain to planning supply tactics in real-time, self-regulation of information in real-time and optimization of the frequency of the supply. Originality: An application capable of being updated in real-time by updating data by the planning director, which will show the optimal aggregate planning and the indicators of the costs associated with the picking operation of a company with 12000 SKU's (Stock Keeping Unit), in which a retail trade of 65 stores is carried out.

Suggested Citation

  • Espitia Rincon, Maria Paula & Sanabria Martínez, David Alejandro & Abril Juzga, Kevin Alberto & Santos Hernández, Andrés Felipe, 2019. "Design of self-regulating planning model," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Kersten, Wolfgang & Blecker, Thorsten & Ringle, Christian M. (ed.), Artificial Intelligence and Digital Transformation in Supply Chain Management: Innovative Approaches for Supply Chains. Proceedings of the Hamburg Int, volume 27, pages 507-539, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    • Handle: RePEc:zbw:hiclch:209383
    DOI: 10.15480/882.2482
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