An integrated inventory–transportation system with modified periodic policy for multiple products

Qu, Wanchang; Bookbinder, James H.; Iyogun, Paul

doi:10.1016/s0377-2217(98)00301-4

Cited by 137 publications

(77 citation statements)

References 15 publications

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“…Other references for the simultaneous minimization of transport and inventory costs in various settings are Anily (1990), Anily and Federgruen (1993), Bell et al (1983), Chien et al (1989), Dror and Ball (1987), Dror and Levy (1986), Herer and Levy (1997), and Viswanathan and Mathur (1997). We mention Qu et al (1999) in particular since they come closest to the FGP situation. In their setting, the control of the supply chain lies with a central distribution center that collects products from a set of suppliers.…”

Section: Combined Inventory and Route Planningmentioning

confidence: 99%

Factory gate pricing: An analysis of the Dutch retail distribution

Blanc

Cruijssen

Fleuren

et al. 2006

European Journal of Operational Research

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Factory Gate Pricing (FGP) is a relatively new phenomenon in retail distribution. Under FGP, products are no longer delivered at the retailer distribution center, but collected by the retailer at the factory gates of the suppliers. Owing to both the asymmetry in the distribution networks (the supplier sites greatly outnumber the retailer distribution centers) and the better inventory and transport coordination mechanisms, this is likely to result in high savings. A mathematical model was used to analyze the benefits of FGP for a case study in the Dutch retail sector. Extensive numerical results are presented to show the effect of the orchestration shift from supplier to retailer, the improved coordination mechanisms, and sector-wide cooperation.

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Section: Combined Inventory and Route Planningmentioning

confidence: 99%

Factory gate pricing: An analysis of the Dutch retail distribution

Blanc

Cruijssen

Fleuren

et al. 2006

European Journal of Operational Research

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“…The outcome of deterministic planning is thus prone to infeasibility and inefficiency. A stochastic version of the problem was studied in Qu, Bookbinder, and Iyogun (1999). The objective was to derive periodic milk runs which minimize major-and minor-ordering, holding, backlogging, and transportation costs.…”

Section: Literature Reviewmentioning

confidence: 99%

“…From the perspective of manufacturers, inbound logistics operations result in the material collection problem (Qu, Bookbinder, and Iyogun 1999). As a result of this problem, the following question must be answered: How should the required material be supplied to minimize costs?…”

Section: Introductionmentioning

confidence: 99%

An Integrated Inventory-Transportation System with Periodic Pick-Ups and Leveled Replenishment

Völling

Grünewald

Spengler

2013

Bus Res

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“…Moon, Cha, and Lee [6] developed joint replenishment and consolidated freight-delivery models and four efficient algorithms are used to resolve the models. Wang, Dun, et al [4] proposed a two-level stochastic JRD by extending the model of Qu, Bookbinder, and Iyogun [7] and verified that the differential evolution algorithm is effective and efficient. Scholars have also developed several relevant extensions such as JRD under fuzzy environment [8], radio-frequency identification technology investment evaluation model of JRD [9], JRD with delivery constraint [10], locationinventory problem with joint replenishment policy [11], and JRD with multi-warehouse [12].…”

Section: Introductionmentioning

confidence: 97%

An Effective Hybrid Differential Evolution Algorithm Incorporating Simulated Annealing for Joint Replenishment and Delivery Problem with Trade Credit

Zeng¹,

Peng²,

Zhang³

et al. 2016

IJCIS

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In practice, suppliers often provide retailers with forward financing to increase demand or decrease inventory. This paper proposes a new and practical joint replenishment and delivery (JRD) model by considering trade credit. However, because of the complex mathematical properties of JRD, high-quality solutions to the problem have eluded researchers. We design an effective hybrid differential evolution algorithm based on simulated annealing (HDE-SA) that can resolve this non-deterministic polynomial hard problem in a robust and precise way. After determining the suitable parameters by a parameter-tuning test, we verify the performance of the HDE-SA through numerical JRD examples. Compared with the results of other popular evolutionary algorithms, results of randomly generated JRDs indicate that HDE-SA can always obtain slightly lower total costs than differential evolution algorithm (DE) and genetic algorithm (GA) under different situations. Moreover, the convergence rate of the HDE-SA is higher than that of DE and GA. Thus, the proposed HDE-SA is a potential tool for the JRD with trade credit.

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An integrated inventory–transportation system with modified periodic policy for multiple products

Cited by 137 publications

References 15 publications

Factory gate pricing: An analysis of the Dutch retail distribution

Factory gate pricing: An analysis of the Dutch retail distribution

An Integrated Inventory-Transportation System with Periodic Pick-Ups and Leveled Replenishment

An Effective Hybrid Differential Evolution Algorithm Incorporating Simulated Annealing for Joint Replenishment and Delivery Problem with Trade Credit

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