Accenture

Optimal Supply Chain Strategy through Stochastic Programming

Publication TypeTesis de Grau i Màster // BSc and MSc Thesis
Year of Publication2016
AuthorsDaniel Ramon Lumbierres
DirectorF.-Javier Heredia
Tipus de tesiMSc Thesis
TitulacióMaster in Statistics and Operations Research
CentreFaculty of Mathematics and Statistics
Data defensa27/07/2016
Nota // mark9.5 Excel·lent MH (A+ with Honors)
Key Wordsteaching; supply chain; 3D printing; Postponment; stochastic programming; Accenture; MSc Thesis
AbstractIn this project, a new two-stage stochastic programming decision model has been developed to assess: (a) the convenience of introducing 3D printing into any generic manufacturing process, both single and multi-product; and (b) the optimal degree of postponement known as the customer order decoupling point (CODP) while also assuming uncertainty in demand for multiple markets. To this end, we propose the formulation of a generic supply chain through an oriented graph that represents all the deployable alternative technologies. These are defined through a set of operations for manufacturing, assembly and distribution, each of which is characterized by a lead time and cost parameters. Based on this graph, we develop a mixed integer two-stage stochastic program that finds the optimal manufacturing technology to meet the demand of each market, the optimal production quantity for each operation, and the optimal CODP for each technology. The results obtained from several case studies in real manufacturing companies are presented and analyzed. The work presented in this master’s thesis is part of an ongoing research project between UPC and Accenture.
DOI / handlehttp://hdl.handle.net/2117/88818
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Optimal Supply Chain Strategy and Postponement Degree with 3D Printing

Publication TypeConference Paper
Year of Publication2016
AuthorsDaniel Ramon Lumbierres; Asier Muguruza; Robert Gimeno Feu; Ping Guo; Mary Hamilton; Kiron Shastry; Sunny Webb; Joaquim Minguella; F.-Javier Heredia
Conference Name28th European Conference on Operational Research
Series TitleConference Handbook
Pagination330
Conference Date3-6/07/2016
Conference LocationPoznan, Poland
Type of Workcontributed presentation.
Key Wordsresearch; supply chain; 3D printing; stochastic programming; postponment; modeling; additive manufacturing
AbstractIn this contribution we would like to present the results of a research project developed by Accenture and BarcelonaTech aiming at studying the advantages of ultra-postponement with 3D printing using the analytical tools of operational research. In this project a new two-stage stochastic programming decision model has been developed to assess (a) the convenience of the introduction of 3D printing in any generic supply chain and (b) the optimal degree of postponement, the so called Customer Order Decoupling Point (CODP), assuming uncertainty in demand for multiple markets. To this end we propose the formulation of a generic supply chain through an oriented graph that represents all the alternative technologies that can be deployed, defined through a set of operations for manufacturing, assembly and distribution, each one characterized by a lead time and cost parameters. Based on this graph we develop a mixed integer two-stage stochastic program that finds the optimal manufacturing technology to meet the demand of each market, the optimal production quantity for each operation and the optimal CODP for each technology. The results obtained with several case studies from real manufacturing companies are presented and analyzed.
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