Application of Supply Chain Tools In Power Plant- A Case of Rayalaseema Thermal Power Plant

Abstract

Inventories are considered to be one of the important weapons of supply chain to improve the efficiency of any manufacturing unit. Continuous availability of inventories are the prime requirement for uninterrupted working .To effectively manage inventory levels, it is essential to consider the appropriate reorder points as well as the optimized ordering quantity. The proposed system uses the Genetic algorithm to find the optimized ordering quantity at proper reorder point , by considering the power plant live data as a practical case study. The proposed approach is implemented in Matlab  platform version 7.10

Key words. Inventories, supply chain, Genetic algorithm, Reorder point, ordering quantity, manufacturing unit, power plant, raw materials.