INVENTORY MANAGEMENT SUPPORTED BY TECNOMATIX PLANT SIMULATION TOOL

Abstract

The presented article deals with the issue of inventory management optimization through modelling and simulation in the software Tecnomatix Plant Simulation. Based on an in-depth analysis of the supply chain with an emphasis on inventory management, a simulation model was developed. It was optimized using the inventory theory methodology in combination with a discrete-event simulation approach. Dynamic simulation made it possible to perform experiments and optimize the existing state. The solution to the problem is elaborated on a case study to achieve the efficiency of the supply process of a specific operation of a clothing retail chain, which is struggling with the problems of excessive and inaccurate supply.