A bi-objective integrated transportation and inventory management under a supply chain network considering multiple distribution networks

Gupta, Srikant; Vijaygargy, Lokesh; Sarkar, Biswajit

doi:10.1051/ro/2022164

Cited by 4 publications

(2 citation statements)

References 57 publications

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“…Due to the constant changes in the consumer journey, companies have been facing much more competitiveness, so even more important is to have the right product, in the right time, at the right location, with the quality expected, at the lowest posible cost (GUPTA et al,2022). To focus on reduce overall cost and improving performance, flexibility and integration are essential in the Supply Chain (SC) (MAIOROVA &BALASHOVA, 2023).…”

Section: Introductionmentioning

confidence: 99%

“…If for one side, to achieve high service levels, large safety stock and high inventory are required, on the another side, to operate with costs over control, low safety stock and low inventory are more interesting (RALFS, & KIESMÜLLER, 2022). This is a common tradeoff that companies faced every day, what amount of safety stock and warehouse capacity are necessary to provide high service level to customers (GUPTA et al,2022). To have an efficient use of resources, environmental effect, cost optimization and better service, inventory models and police application are needed (SARKAR et al, 2018).…”

Section: Introductionmentioning

confidence: 99%

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Implementation of inventory policy: a supporting decision-making tool for a food distribution company

Gomes¹,

Rodrigues²,

Bouzon³

2023

Braz. J. Develop.

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In a competitive environment that is the market for the distribution of food and cleaning products to private homes and companies, operating at a low cost is a matter of survival. Proper inventory management is the key point for operational efficiency. Currently, the studied company operates with two warehouses, one of its own and the other rented. Faced with the impossibility of continuing to rent this warehouse, the moment of decision-making has arrived: to buy the rented warehouse or not to buy it? The objective of this work is to carry out an investigation of the ideal inventory and purchasing policy of the company, to establish the best way to manage its operations, and thus define the adequate levels of inventories, which will provide the identification of the necessary storage capacity, in order to guarantee a balanced operation that offers a level of service to the end customer. This necessary storage capacity will define the need for space, and therefore, it will help the company to make the best decision, as well as supporting a new level of customer service and reducing inventory costs.

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Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Implementation of inventory policy: a supporting decision-making tool for a food distribution company

Gomes¹,

Rodrigues²,

Bouzon³

2023

Braz. J. Develop.

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Three-Echelon Supply Chain Management with Deteriorated Products under the Effect of Inflation

Padiyar

Vandana²,

Singh

et al. 2022

Mathematics

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A business can be properly managed globally when it is under a supply chain. When it is a global supply chain, inflation has a huge effect on supply chain profit. Another important factor is the deterioration of products. Products can deteriorate during storage or transportation, which badly affects each supply chain player. This study develops a three-echelon supply chain model through which products can be delivered to customers easily. In this model, one producer and multiple buyers are considered, and each buyer has a separate group in which multiple suppliers have been taken. Inflation is also added to the model for inflationary fluctuations. To understand this model in real life, a numerical example is discussed and the total profit from the supply chain is extracted. Sensitivity analysis is also shown at the end of the model to find out the effect on the model due to changes in some parameters that affect this model highly. After developing this model, it was found that if the inflation rate falls, then the total profit will increase continuously. On the contrary, if the inflation rate increases, then, in this situation, the total profit will decrease continuously. At present, vaccine makers’ total profit can support the economy of any country, and in this model, the inflation rate decreases as profit increases.

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Smart Production System with Random Imperfect Process, Partial Backordering, and Deterioration in an Inflationary Environment

Yadav¹,

Chand²,

Goel

et al. 2023

Mathematics

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In today’s digital age, industrial methods are shifting away from humans and toward machines. We choose automated systems for various jobs related to production systems, such as screening, manufacturing. A smart manufacturing system is one in which machines take the place of humans. Under the influence of inflation, this study proposes a smart production-inventory model with partial backlogging, and an imperfect manufacturing process where the deterioration rate is constant. Every production system, in reality, has a random defect rate. A screening procedure is required due to the manufacture of some defective items, which is carried out by machine, i.e., by an automated system. Carbon is released during the manufacturing process due to actions such as holding deterioration.. As a result, carbon emissions are taken into account in the current study. The goal of this study is to reduce total inventory costs as much as possible. To demonstrate the proposed model's practical application, many numerical examples and sensitivity assessments with graphs are provided.

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A bi-objective integrated transportation and inventory management under a supply chain network considering multiple distribution networks

Cited by 4 publications

References 57 publications

Implementation of inventory policy: a supporting decision-making tool for a food distribution company

Implementation of inventory policy: a supporting decision-making tool for a food distribution company

Three-Echelon Supply Chain Management with Deteriorated Products under the Effect of Inflation

Smart Production System with Random Imperfect Process, Partial Backordering, and Deterioration in an Inflationary Environment

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