Raw material management for rubber parts manufacturing supply chain using the LPSC model

• Autorzy: Klaidaeng C. , Butdee S. , Boonmee K-o.

Identyfikatory

DOI

10.5604/01.3001.0054.6085

• Języki publikacji: EN

Abstrakty

EN

Purpose: The paper proposes a new raw material cost management concept in the rubber parts supply chain using the Linear Programming Sharing Cost (LPSC). Rubber parts are widely used in the auto parts industry. There are a variety of product models and material types as well as produced by several subcontractors in the 2nd Tier companies. However, the whole chain controls overall cost management as the 1st Tier company. Cost-effective models are more important in the competitive era. Design/methodology/approach: The research methodology combined linear programming (LP) with sharing cost (SC) and was applied to inventory management. The LPSC model is developed to deal with Tier 1 companies linked with Tier 2 companies of the subcontractors. The LPSC is combined with the EOQ inventory management model. Findings: A new approach has been developed to reduce the cost of raw material management in the rubber part supply chain. Research limitations/implications: The limitation of the model development is that it does not yet have real-time control of the supply chain management system. Practical implications: The conceptual idea was introduced to Thailand's automotive rubber part supply chain and accepted for testing with the pilot test of actual orders. Originality/value: The paper presents the new conceptual raw material cost management model in the automotive rubber part supply chain. The LPSC combined with EOQ is effective, increases value to the supply chain, and simultaneously reduces waste and overproduction.

Słowa kluczowe

EN

raw material cost management; LPSC model; rubber part manufacturing; supply chain management

• Wydawca: International OCSCO World Press
• Czasopismo: Journal of Achievements in Materials and Manufacturing Engineering
• Rocznik: 2024
• Tom: Vol. 123, nr 1
• Strony: 25--32
• Opis fizyczny: Bibliogr. 19 poz., rys., tab., wykr.

Twórcy

autor

Klaidaeng C.

• Department of Hospitality, Faculty of Liberal Arts, Rajamangala University of Technology Krungthep, 2 Nanlinji Road Tungmahamek, Sathorn, Bangkok, 10120, Thailand

autor

Butdee S.

• Division of Digital Startup, Faculty of Business Administration, Rajamangala University of Technology Krungthep, 2 Nanlinji Road Tungmahamek, Sathorn, Bangkok, 10120, Thailand

• https://orcid.org/0000-0002-0357-6406

autor

Boonmee K-o.

• Department of Business Administration, Northeastern University, 199/19 Mittraphap Road, Mueang Khon Kaen, Khon Kaen, 40000, Thailand

Bibliografia

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