Safety Stock considerations for the European hubs – Den Hartogh Logistics
Overview
| Company Name / Department |
Den Hartogh Logistics |
| Contact Person | Rogier Richelle, Luke van de Bunt |
| Location | Rotterdam |
| Optional remote work | Max. 2 days |
| Travel expenses (own account or reimbursed by the company) | No |
| Housing arranged by company | No |
| Housing expenses (how much per month, own account or subsidized by the company) | No |
| Internship compensation | €500,- per month |
| Study program |
Operations / Supply Chain Management |
| ESCF community |
Data2Move |
| Start date |
February 1, 2024 |
Company Description
Den Hartogh Logistics is one of the leading Logistics Service Providers. The family-owned organization was established in The Netherlands in 1920. As a bulk logistics service provider for the chemical, gas, polymer and food industry, we combine the best elements to create the optimal solution for each situation. Safety and operational excellence are embedded in our culture.
Den Hartogh has a presence in every region of the world, with premises/offices in 50 locations within 27 countries. Our workforce consists of more than 2,100 people and our modern equipment includes more than 24,000 tank containers, 5,750 dry bulk containers and specialized dry bulk trailers, 300 tank trailers and 650 trucks.
From our four business units, this project will take place in business unit Liquid Logistics Europe. This business unit is responsible for all the intra-European liquid chemical activities.
Project Description
Project description:
The business unit Liquid Logistics Europe faces a challenging business environment with volatile market conditions and complex global operations. To manage volatility and mitigate supply chain risks, we integrated a Sales & Operations Planning (S&OP) process.
In the field of supply chain management, we rely on forecasting to set stock levels across our European network. But the real challenge lies in optimizing safety stock levels, the inventory that safeguards against demand and supply uncertainties.
As a master’s student, this project offers you the opportunity to identify key factors influencing safety stock and develop quantifiable methods to strike the right balance between excess inventory and stockouts. If you’re passionate about logistics, data-driven decision-making, and shaping the future of supply chain management, we invite you to join us in this exciting journey. Contribute to enhancing our network’s efficiency and resilience while gaining valuable experience in this dynamic field.
Goals of the project:
The primary goal of this thesis is to develop a comprehensive and data-driven methodology for determining optimal safety stock levels within our European distribution network.
Deliverables:
MSc thesis report
More information: escf@tue.nl
