Development of Product Resource Inventory Control Using Forecasting In ‘SMED’

Development of Product Resource Inventory Control Using Forecasting In ‘SMED’

Industry 4.0 known as “Fourth Industrial Revolution” and also “smart manufacturing” is the current trend of the manufacturing organization. There are four main components for Industry 4.0 which are Internet of Things (IoT), Cyber Physical Systems (CPS), Internet of Services (IoS) and Smart Factory....

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Bibliographic Details
Main Authors: Wei, Jie Woon, Siti Zubaidah, Ismail
Format: Article
Language:English
Published: Universiti Malaysia Pahang 2018
Subjects:
TS Manufactures
Online Access:http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/1/Development%20of%20Product%20Resource%20Inventory.pdf
id ump-22215
recordtype eprints
spelling ump-222152018-11-12T01:49:00Z http://umpir.ump.edu.my/id/eprint/22215/ Development of Product Resource Inventory Control Using Forecasting In ‘SMED’ Wei, Jie Woon Siti Zubaidah, Ismail TS Manufactures Industry 4.0 known as “Fourth Industrial Revolution” and also “smart manufacturing” is the current trend of the manufacturing organization. There are four main components for Industry 4.0 which are Internet of Things (IoT), Cyber Physical Systems (CPS), Internet of Services (IoS) and Smart Factory. Product service system (PSS) is a system that combine product and service; to fulfill customer demand and increase their satisfaction level. The main objective of inventory control is to prevent storage overload and ensure storage always have sufficient supply for the customer. By adding sensor, the inventory in storage can be counted and controlled. The output from the sensor can be displayed on the computer and the operator can look out the storage status. Forecasting in inventory can predict the trend of the inventory in future. This allow operator to keep tracking on their reorder point and make sure the inventory never run out. Universiti Malaysia Pahang 2018 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/22215/1/Development%20of%20Product%20Resource%20Inventory.pdf Wei, Jie Woon and Siti Zubaidah, Ismail (2018) Development of Product Resource Inventory Control Using Forecasting In ‘SMED’. Journal of Modern Manufacturing Systems and Technology, 1. pp. 82-93. ISSN 2636-9575 http://journal.ump.edu.my/jmmst/article/view/202 DOI: https://doi.org/10.15282/jmmst.v1i1.202
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic TS Manufactures
spellingShingle TS Manufactures
Wei, Jie Woon
Siti Zubaidah, Ismail
Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
description Industry 4.0 known as “Fourth Industrial Revolution” and also “smart manufacturing” is the current trend of the manufacturing organization. There are four main components for Industry 4.0 which are Internet of Things (IoT), Cyber Physical Systems (CPS), Internet of Services (IoS) and Smart Factory. Product service system (PSS) is a system that combine product and service; to fulfill customer demand and increase their satisfaction level. The main objective of inventory control is to prevent storage overload and ensure storage always have sufficient supply for the customer. By adding sensor, the inventory in storage can be counted and controlled. The output from the sensor can be displayed on the computer and the operator can look out the storage status. Forecasting in inventory can predict the trend of the inventory in future. This allow operator to keep tracking on their reorder point and make sure the inventory never run out.
format Article
author Wei, Jie Woon
Siti Zubaidah, Ismail
author_facet Wei, Jie Woon
Siti Zubaidah, Ismail
author_sort Wei, Jie Woon
title Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
title_short Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
title_full Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
title_fullStr Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
title_full_unstemmed Development of Product Resource Inventory Control Using Forecasting In ‘SMED’
title_sort development of product resource inventory control using forecasting in ‘smed’
publisher Universiti Malaysia Pahang
publishDate 2018
url http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/
http://umpir.ump.edu.my/id/eprint/22215/1/Development%20of%20Product%20Resource%20Inventory.pdf
first_indexed 2023-09-18T22:32:57Z
last_indexed 2023-09-18T22:32:57Z
_version_ 1777416407154163712

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