Material flow

Material flow (MF) is the description of the transportation of raw materials, pre-fabricates, parts, components, integrated objects and final products as a flow of entities. The term applies mainly to advanced modeling of Supply chain management. As industrial material flow can easily become very complex.

For complex systems, several different specialized simulation tools are developed. Typical tools are:

Plant Simulation for production systems
AutoMod for logistics systems
Anylogic

Origin

The aim of understanding the inflow and outflow of materials and objects no longer as a sequence of residing pools but as a stream or flow shall re-orient the understanding of material management from the stock and warehouse management concept to a flow management concept,^[1] where residing quantities and volumes may be minimized.

References

This article is issued from Wikipedia - version of the 8/26/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.