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Structural Properties of Third-Party Logistics Networks Read chapter Read first chapter

2011 | OriginalPaper | Chapter

Stockout Costs in Logistics Unconsidered: Stockout Costs do Affect Service Level

Authors : Henner Gärtner, Rouven Nickel, Peter Nyhuis

Published in: Dynamics in Logistics

Publisher: Springer Berlin Heidelberg

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Abstract

This paper shows that the optimal performance of inventory logistics significantly changes by enhancing logistic costs with stockout costs of production as an often ignored cost driver. A revised logistic model links the logistic performance of the warehouse and the logistic requirements of production by calculating the weighted service level. As a result for minimizing overall logistic costs, an aspirable service level can be determined and the inventory level may be deduced.

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Literature
Alscher J, Schneider H (1981) Zur Diskussion von Fehlmengenkosten und Servicegrad. Fachbereich Operations Research, vol. 3, University of Berlin.
Delfmann W (2003) Controlling von Logistikprozessen: Analyse und Bewertung logistischer Kosten und Leistungen. Schäffer-Poeschel, Stuttgart.
Esser H (1996) Integration von Produktionslogistik und Montageplanung und -steuerung. Shaker, Aachen.
Goerke M (2005) Trumpfkarte ausspielen. MM Logistik, vol. 4, no. 7: 26–28.
Gudehus T (2008) Logistics—Principles, Strategies, Operations. Springer, Berlin.
Lutz S (2002) Kennliniengestütztes Lagermanagement. In: VDI-Verlag (eds) Fortschritt-Berichte VDI, vol. 13 Fördertechnik/Logistik, no. 53, Düsseldorf.
Nyhuis P, Wiendahl H-P (2008) Fundamentals of Production Logistics—Theory, Tools and Applications. Springer, Berlin.
Reichmann T (1997) Controlling—Concepts of Management Control, Controllership, and Ratios. Vahlen, München.
Metadata
Title
Stockout Costs in Logistics Unconsidered: Stockout Costs do Affect Service Level
Authors
Henner Gärtner
Rouven Nickel
Peter Nyhuis
Copyright Year
2011
Publisher
Springer Berlin Heidelberg
Book
Dynamics in Logistics

Print ISBN: 978-3-642-11995-8

Electronic ISBN: 978-3-642-11996-5

Copyright Year: 2011

DOI
https://doi.org/10.1007/978-3-642-11996-5_15