Safety stock positioning in multi echelon environment – MediaMarktSaturn (MMS)
|Company Name / Department||MediaMarkt (MM)|
Bart op ‘t Veld
Operations and Supply Chain
|Housing arranged by company||No|
European Electrical retailer
MediaMarkt is centralizing its Supply Chain and has built a central warehouse in Etten-Leur which is the heart of the operation. All the suppliers will deliver to the distribution center (DC) with one physical stock location for the products, which will be then delivered to stores and online customers. We want to define how much safety stock we need to keep in DC and stores & if we need to keep dedicated stock for online customers in DC.
The solution should take business requirements into consideration, such as targeted stock levels, system constraints, supplier reliability and agreed service levels.
Goals of the Project
Determine the optimal safety stock level & positioning in the network, minimizing the inventory cost & stock we carry, while meeting a target customer service requirement.
Define the optimal safety stock level
Define the right location of safety stock for online customers
Determine the potential savings
Provide a roadmap how to come to this optimum
Essential Student Knowledge
Inventory Planning knowledge
Ability to handle large dataset
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