Title: The valorisation of dead stock - there is life in the old dog yet
Authors: Gyöngyi Kovács
Addresses: Supply Chain Management and Corporate Geography, Hanken School of Economics, P.O. Box 479, 00101 Helsinki, Finland
Abstract: This study follows reverse logistics thinking in the valorisation of dead stock from perishable by-products. Viable alternatives for the use of dead stock are found and the feasibility of their introduction evaluated through the building and application of a two-step model that links a two-stage production process generating by-products to staff scheduling problems in handling it. Model building is supported by empirical data from a poultry processing plant that had been collected through process maps, observations, and from databases of the case company. The model is also applied and solved for the case before suggesting general conclusions.
Keywords: perishable goods; valuation; dead stock; production planning; staff scheduling; reverse logistics; valorisation; modelling; poultry processing plants.
DOI: 10.1504/IJLSM.2014.062821
International Journal of Logistics Systems and Management, 2014 Vol.18 No.3, pp.394 - 410
Published online: 12 Jul 2014 *
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