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 1366-5545

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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.

Item Type: Article
Uncontrolled Keywords: Fill rate; Inventory control; Heuristics; Stochastic models; Supply chain network design; Coordination
Subjects: T Technology > TA Engineering (General). Civil engineering (General) > Transportation engineering
Divisions: Faculty of Engineering > Civil Engineering & The Enviromental Department
Depositing User: Sri JUNANDI
Date Deposited: 20 Oct 2024 03:13
Last Modified: 20 Oct 2024 03:13
URI: https://ir.lib.ugm.ac.id/id/eprint/9121

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