TY - GEN
T1 - Towards Efficient Water Bottling Operations
T2 - 22nd LACCEI International Multi-Conference for Engineering, Education and Technology, LACCEI 2024
AU - Tupayachi, José
AU - Carbajal López, Eduardo
N1 - Publisher Copyright:
© 2024 Latin American and Caribbean Consortium of Engineering Institutions. All rights reserved.
PY - 2024
Y1 - 2024
N2 - We present a comprehensive solution aimed at enhancing water bottling operations by addressing production planning inefficiencies and order non-compliance, the MPS integrates forecast modelling, inventory control, and production management to streamline operations. By mitigating rushed production and order shortages, the MPS implementation significantly reduced penalties (41.48%) and improved resource utilization, including an 80.22% decrease in overtime usage. Incorporating LSTM models for demand projection enhances accuracy by accommodating seasonality's and non-linear trends effectively. Economic indicators validate the technical and economic viability of the proposed solutions, yielding an average monthly profit increase of 20.64K PEN. Integration with the company's ERP system automates processes, while a modifiable forecast horizon and data-driven insights enable adaptive forecasting. Continuous improvement remains central, ensuring ongoing optimization of operational efficiency and predictive accuracy to meet evolving business needs.
AB - We present a comprehensive solution aimed at enhancing water bottling operations by addressing production planning inefficiencies and order non-compliance, the MPS integrates forecast modelling, inventory control, and production management to streamline operations. By mitigating rushed production and order shortages, the MPS implementation significantly reduced penalties (41.48%) and improved resource utilization, including an 80.22% decrease in overtime usage. Incorporating LSTM models for demand projection enhances accuracy by accommodating seasonality's and non-linear trends effectively. Economic indicators validate the technical and economic viability of the proposed solutions, yielding an average monthly profit increase of 20.64K PEN. Integration with the company's ERP system automates processes, while a modifiable forecast horizon and data-driven insights enable adaptive forecasting. Continuous improvement remains central, ensuring ongoing optimization of operational efficiency and predictive accuracy to meet evolving business needs.
KW - Continuous Improvement
KW - Deep Learning
KW - Forecasting
KW - Long Short Term Memory
KW - Master Production Schedule
UR - http://www.scopus.com/inward/record.url?scp=85203837364&partnerID=8YFLogxK
U2 - 10.18687/LACCEI2024.1.1.1809
DO - 10.18687/LACCEI2024.1.1.1809
M3 - Conference contribution
AN - SCOPUS:85203837364
T3 - Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
BT - Proceedings of the 22nd LACCEI International Multi-Conference for Engineering, Education and Technology
PB - Latin American and Caribbean Consortium of Engineering Institutions
Y2 - 17 July 2024 through 19 July 2024
ER -