Error Generation, Inventory Record Inaccuracy (IRI) and Effects on Performance: A Dynamic Investigation - Product Lifecycle Management for Digital Transformation of Industries Access content directly
Conference Papers Year : 2016

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

Wissam El Hachem
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  • PersonId : 1027475
Ramy Harik
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  • PersonId : 1027476
Joseph Khoury
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  • PersonId : 1027477

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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hal-01699677 , version 1 (02-02-2018)

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Wissam El Hachem, Ramy Harik, Joseph Khoury. Error Generation, Inventory Record Inaccuracy (IRI) and Effects on Performance: A Dynamic Investigation. 13th IFIP International Conference on Product Lifecycle Management (PLM), Jul 2016, Columbia, SC, United States. pp.642-651, ⟨10.1007/978-3-319-54660-5_57⟩. ⟨hal-01699677⟩
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