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Industrial Knowledge Management Tools Applied to Engineering Education Read chapter Read first chapter

2016 | OriginalPaper | Chapter

Error Generation, Inventory Record Inaccuracy (IRI) and Effects on Performance: A Dynamic Investigation

Authors : Wissam EL Hachem, Ramy Harik, Joseph Khoury

Published in: Product Lifecycle Management for Digital Transformation of Industries

Publisher: Springer International Publishing

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Abstract

One of the aspects of a good inventory control system is low Inventory Record Inaccuracy (IRI). IRI control ought to be an integral part of PLM by helping to further streamline the production, transportation and service stages. This paper contributes to the expanding debate on linking error generation to Inventory Record Inaccuracy (IRI) and its ensuing effects on performance. Methods of discovering and eliminating the root causes of IRI are presented. A System Dynamics (SD) simulation model is used to examine and confirm the substantial impact of error generation and IRI on workflow. The results of the model show that even a small undetected source of IRI can accumulate and eventually destabilize the entire system.

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previous chapter Lifecycle Management in the Smart City Context: Smart Parking Use-Case
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Metadata
Title
Error Generation, Inventory Record Inaccuracy (IRI) and Effects on Performance: A Dynamic Investigation
Authors
Wissam EL Hachem
Ramy Harik
Joseph Khoury
Copyright Year
2016
Book
Product Lifecycle Management for Digital Transformation of Industries

Print ISBN: 978-3-319-54659-9

Electronic ISBN: 978-3-319-54660-5

Copyright Year: 2016

DOI
https://doi.org/10.1007/978-3-319-54660-5_57

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