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Why is matching supply with demand difficult?

Companies must match the supply of their products with the demand for their products. On average, a company may succeed and deliver the right amount at the right time to the right place, but frequently something goes wrong: wrong quantity, wrong time, wrong place. The economic consequences for a company may range from lost customers to bankruptcy. The root of all evil is that demand may vary, but supply does not. Logistics and supply chain management helps companies to overcome this challenge by finding ways to best match their supply with demand.

Summer 2013 Class Schedule

Recent Publications

  • Löhndorf, N., Minner, S., Simulation optimization for the stochastic economic lot scheduling problem, forthcoming in IEE Transactions. [Draft]
  • Beutel, A.-L., Minner, S., Safety stock planning under causal demand forecasting, forthcoming in International Journal of Production Economics.
  • Minner, S., Kiesmüller, G.P., Dynamic Product Acquisition in Closed Loop Supply Chains, forthcoming in International Journal of Production Research.
  • Altendorfer, K., Minner, S., Optimal composition of number and size of machines in a multi-stage make to order system with due dates, forthcoming in International Journal of Production Research.
  • Klosterhalfen, S., Kiesmüller, G., Minner, S., A comparison of the constant-order and dual index policy for dual sourcing, forthcoming in International Journal of Production Economics.
  • Transchel. S., Minner, S., Economic lot-sizing and dynamic quantity competition, forthcoming in International Journal of Production Economics. [Draft]
  • Altendorfer, K., Minner, S. (2011), Simultaneous optimization of capacity and planned lead times in a two-stage production system with different customer due dates, European Journal of Operational Research 213(1): 134-146.
  • Zöbeley, B., Minner, S., Kilger, C. (2011), Incentive Alignment at the Manufacturing-Marketing Interface – Design and Validation of a Management Game, Logistics Research 3(2): 89-100.
  • Transchel, S., Minner, S., Kallrath, J., Löhndorf, N., Eberhard, U. (2011), A hybrid general lot-sizing and scheduling formulation for a production process with a two-stage product structure, International Journal of Production Research 49(9), 2463-2480.
  • Francas, D., Löhndorf, N., Minner, S. (2011), Machine and Labor Flexibility in Manufacturing Networks, International Journal of Production Economics 131(1), 165-174. [Draft]
  • Arnold, J., Minner, S. (2011), Financial and Operational Instruments for Commodity Procurement in Quantity Competition, International Journal of Production Economics 131(1), 96-106.
Logistics and Supply Chain Management
Business, Economics and Statistics
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