Inventory Replenishment Strategy Proposals Using a Software Tool Tecnomatix Plant Simulation

Abstract

The impact of Industry 4.0 on the supply chain is primarily in the context of information flows. Their added value is primarily transparency, real-time data access and flexibility, which greatly increases the potential for optimizing the value chain of the enterprise. A new input procurement concept is being developed in combination with capacity management to ensure flexible order dimensioning. Integrated procurement logistics aims to produce product need forecasts in a timely, long-term and medium-term planning horizon. Methods and techniques of predicting future consumption are constantly evolving and try to predict the course of future consumption as accurately as possible. The use of simulation tools in the process of creating the company’s supply strategy is an important step in the context of digitization and is of great importance in testing variants without interfering with real processes. The paper focuses on the use of the Tecnomatix Plant Simulation as a simulation tool to develop a supply strategy for demand-driven consumption. The simulation tool allows modelling and simulation of system behaviour under predefined conditions and testing of possible variant solutions.