Safety stock management throughout the network of a tank container operator
Company: Den Hartogh Liquid Logistics
Contact person: Thijs Frijling
Location: Rotterdam, The Netherlands
Study Program: Operations / Supply Chain Management
ESCF Community: Data2Move
Start date: 1st September 2020
Housing arranged by company: No
Internship compensation: €500,- per month
Den Hartogh Logistics is one of the leading Logistics Service Providers. Our family-owned organisation 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 42 locations within 23 countries. Our workforce consists of more than 1,700 people and our modern equipment includes more than 18,000 tank containers, 6,500 dry bulk containers and specialised dry bulk trailers, 400 tank trailers and almost 600 trucks.
In our industry, managing demand uncertainty is a key aspect for a sustainable and profitable business. As a major worldwide tank container operator, the challenge is to get the right amount of tanks at the right place at the right time while minimizing unpaid empty legs. Demand uncertainty plays a significant role in this, as our customers operate in varying industries across different layers towards the end-consumer market.
Goals of the project
The goal of the project is to:
– Investigate and define influencing factors for demand uncertainty
– Model the influencing factors
– Ultimately define a quantitative strategy to calculate region-specific safety stock levels to mitigate demand uncertainty
Msc thesis report
Essential student knowledge
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