Supply chain network design with coordinated inventory control

Darmawan, Agus and Wong, Hartanto and Thorstenson, Anders (2021) Supply chain network design with coordinated inventory control. Transportation Research Part E: Logistics and Transportation Review, 145. ISSN 13665545

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Abstract

In this paper, we present models and solution methods for supply chain network design that not only integrate the location-transportation and inventory problems, but also consider the implementation of coordinated inventory control in the network. We compare two different strategies differentiated by whether or not coordinated inventory control is implemented. Due to the complexity of the optimization problems, we develop heuristic methods to solve the problems generated by the two strategies. The numerical results show the benefits of considering coordinated inventory control by reducing the inventory as well as the total costs in the supply chain network. The structure of the network can also be affected by the coordinated inventory control. The effects are most pronounced when the inventory holding cost rate is high. © 2020

Item Type: Article
Additional Information: Cited by: 34; All Open Access, Green Open Access
Uncontrolled Keywords: Heuristic methods; Stochastic control systems; Stochastic models; Stochastic systems; Supply chains; Coordination; Fill rate; Heuristic; Inventory problem; Model method; Optimization problems; Solution methods; Stochastic-modeling; Supply chain network design; Transportation problem; cost analysis; inventory; network analysis; numerical model; stochasticity; strategic approach; supply chain management; transportation development; Inventory control
Subjects: T Technology > TJ Mechanical engineering and machinery
Divisions: Faculty of Engineering > Mechanical and Industrial Engineering Department
Depositing User: Sri JUNANDI
Date Deposited: 05 Oct 2024 06:53
Last Modified: 05 Oct 2024 06:53
URI: https://ir.lib.ugm.ac.id/id/eprint/8814

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