In order to let the supplier make more reasonable supply decisions,an integrated continuous replenishment policy for the vendor-managed inventory system is presented,which considers the quantity-based shipment consoli...In order to let the supplier make more reasonable supply decisions,an integrated continuous replenishment policy for the vendor-managed inventory system is presented,which considers the quantity-based shipment consolidation and stock replenishment with lead time.Then the system cost is analyzed and a mathematical model is built.Since the model is rather complex,the bounds of the optimal policy are first attained,then the problem is solved by a heuristic algorithm.Through experiments the relationship between the order lead time and the corresponding integrated policy is discussed,and the influence on the system cost is also analyzed.The results reveal that the lead time's influence on the system is more serious with the increase of the order lead time,the integrated policy with the order lead time is more reasonable and the optimal policy can minimize the total system cost.Finally,the parameter sensitivity of the model is analyzed.展开更多
By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, construc...By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, constructs a VMI mathematics model, and analyzes the influence of VMI on inventory cost and channel profit. Finally, a special case is studied to verify that VMI is an effective supply chain strategy that can not only increase channel profit of supplier and customer but also improve full channel coordination, thereby reducing the bullwhip effect.展开更多
This paper studies that the bullwhip effect of order releases and the amplifications of safety stock arise within the supply chain even when the demand model is ARIMA(0, 1, 1) and the forecast method used is a simple ...This paper studies that the bullwhip effect of order releases and the amplifications of safety stock arise within the supply chain even when the demand model is ARIMA(0, 1, 1) and the forecast method used is a simple exponentially weighted moving average. It also examines a vendor managed inventory (VMI) program to determine how it can help alleviate such negative effects, and gives the theoretical proofs and numerical illustrations. The results show that the effects with VMI are better than the effect without VMI in demand forecasting and safety stock levels, etc.展开更多
The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, havi...The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, having initial stock and having stock-out cost. With the further analysis of the mode, VMI is found to increase profits of the buyer in the short-term motivation. But VMI will reduce profits of the supplier under the matching condition. And in the short-term motivation, VMI will increase the purchase price to compensate the transfer cost of the supplier. As a result, the foundation of theory is provided to implement VMI in the supply chain, and have some definituded project significance.展开更多
This paper puts emphasis on how to arrange the stock and supply to the customer rationally under the VMI tactics. Having considered the supplier's delivery expenses, memory expenses and loss in short supply in model,...This paper puts emphasis on how to arrange the stock and supply to the customer rationally under the VMI tactics. Having considered the supplier's delivery expenses, memory expenses and loss in short supply in model, the minimum total cost goal model of supply chain has been put forward using method of storing theory to charge example test the method of solving and analyzing the conclusion to propose.展开更多
Purpose-The proposed IT2FMOVMI model intends to concurrently minimize total cost and warehouse space for the single vendor-retailer,multi-item and a consolidated vendor store.Regarding demand and order quantities with...Purpose-The proposed IT2FMOVMI model intends to concurrently minimize total cost and warehouse space for the single vendor-retailer,multi-item and a consolidated vendor store.Regarding demand and order quantities with the deterministic and type-1 fuzzy numbers,we have also formulated the classic/crisp MOVMI model and type-1 fuzzy MOVMI(T1FMOVMI)model.The suggested solution technique can solve both crisp MOVMIand T1FMOVMIproblems.By finding the optimal ordered quantities and backorder levels,the Paretofronts are constructed to form the solution sets for the three models.Design/methodology/approach-A multi-objective vendor managed inventory(MOVMI)is the most recognized marketing and delivery technique for the service provider and the retail in the supply chain in Industry 4.0.Due to the evolving market conditions,the characteristics of the individual product,the delivery period and the manufacturing costs,the demand rate and order quantity of the MOVMI device are highly unpredictable.In such a scenario,a MOVMI system with a deterministic demand rate and order quantity cannot be designed to estimate the highly unforeseen cost of the problem.This paper introduces a novel interval type-2 fuzzy multi-objective vendor managed inventory(IT2FMOVMI)system,which uses interval type-2 fuzzy numbers(IT2FNs)to represent demand rate and order quantities.As the model is an NP-hard,the well-known meta-heuristic algorithm named NSGA-II(Non-dominated sorted genetic algorithm-II)with EKM(Enhanced Karnink-Mendel)algorithm based solution method has been established.Findings-The experimental simulations for the five test problems that demonstrated distinct conditions are considered from the real-datasets of SAPCO company.Experimental study concludes that T1FMOVMI and crisp MOVMI schemes are outclassed by IT2FMOVMI model,offering more accurate Pareto-Fronts and efficiency measurement values.Originality/value-Using fuzzy sets theory,a significant amount of work has been already done in past decades from various points of views to model the MOVMI.However,this is the very first attempt to introduce type-2 fuzzy modelling for the problem to address the realistic implementation of the imprecise parameters.展开更多
This study presents a two-echelon inventory routing problem (2E-IRP) with an end-of-tour replenishment (ETR) policy whose distribution network consists of a supplier, several distribution centers (DCs) and several ret...This study presents a two-echelon inventory routing problem (2E-IRP) with an end-of-tour replenishment (ETR) policy whose distribution network consists of a supplier, several distribution centers (DCs) and several retailers on a multi-period planning horizon. A formulation of the problem based on vehicle indices is proposed in the form of a mixed integer linear program (MILP). The mathematical model of the problem is solved using a branch and cut (B&C) algorithm. The results of the tests are compared to the results of a branch and price (B&P) algorithm from the literature on 2E-IRP with a classical distribution policy. The results of the tests show that the B&C algorithm solves 197 out of 200 instances (98.5%). The comparison of the B&C and B&P results shows that 185 best solutions are obtained with the B&C algorithm on 197 instances (93.9%). Overall, the B&C algorithm achieves cost reductions ranging from 0.26% to 41.44% compared to the classic 2E-IRP results solved with the B&P algorithm, with an overall average reduction of 18.08%.展开更多
针对客户有价格策略型行为下的供应商库存路径与定价问题(inventory routing and pricing problem,IRPP),通过将参考价格效应嵌入产品需求价格函数中,以供应商总利润最大化为目标,构建考虑参考价格效应的IRPP优化模型,设计改进的粒子群...针对客户有价格策略型行为下的供应商库存路径与定价问题(inventory routing and pricing problem,IRPP),通过将参考价格效应嵌入产品需求价格函数中,以供应商总利润最大化为目标,构建考虑参考价格效应的IRPP优化模型,设计改进的粒子群算法进行求解。通过3组不同规模的算例验证本文模型与算法的适用性和有效性。计算结果显示,考虑参考价格效应不仅有助于降低产品定价(约9%)和提升客户感知收益,而且能够降低零售商的产品总库存(约22%)、仓储资源占用成本和库存持有成本,从而提高供应商总利润(约5%)。敏感性分析结果显示:受客户记忆参数减小和增益系数增大的共同影响,供应商总利润会明显增加;受客户记忆参数和损失系数增大的共同影响,供应商总利润会迅速下降。研究结论可为电商环境下客户有价格策略型行为下的供应商IRPP优化提供决策支撑。展开更多
基金The National Key Technology R&D Program of China during the 11 th Five-Year Plan Period(No.2006BAH02A06)
文摘In order to let the supplier make more reasonable supply decisions,an integrated continuous replenishment policy for the vendor-managed inventory system is presented,which considers the quantity-based shipment consolidation and stock replenishment with lead time.Then the system cost is analyzed and a mathematical model is built.Since the model is rather complex,the bounds of the optimal policy are first attained,then the problem is solved by a heuristic algorithm.Through experiments the relationship between the order lead time and the corresponding integrated policy is discussed,and the influence on the system cost is also analyzed.The results reveal that the lead time's influence on the system is more serious with the increase of the order lead time,the integrated policy with the order lead time is more reasonable and the optimal policy can minimize the total system cost.Finally,the parameter sensitivity of the model is analyzed.
文摘By inducing the typical inventory control problem - the bullwhip effect, this paper presents vendor managed inventory (VMI) control methods on the basis of traditional methods of inventory management methods, constructs a VMI mathematics model, and analyzes the influence of VMI on inventory cost and channel profit. Finally, a special case is studied to verify that VMI is an effective supply chain strategy that can not only increase channel profit of supplier and customer but also improve full channel coordination, thereby reducing the bullwhip effect.
文摘This paper studies that the bullwhip effect of order releases and the amplifications of safety stock arise within the supply chain even when the demand model is ARIMA(0, 1, 1) and the forecast method used is a simple exponentially weighted moving average. It also examines a vendor managed inventory (VMI) program to determine how it can help alleviate such negative effects, and gives the theoretical proofs and numerical illustrations. The results show that the effects with VMI are better than the effect without VMI in demand forecasting and safety stock levels, etc.
文摘The optimization policy of the purchase price and the profit under vendor managed inventory(VMI) is studied. For a salable product, supply chain mode of VMI is established, which is based on deterministic demand, having initial stock and having stock-out cost. With the further analysis of the mode, VMI is found to increase profits of the buyer in the short-term motivation. But VMI will reduce profits of the supplier under the matching condition. And in the short-term motivation, VMI will increase the purchase price to compensate the transfer cost of the supplier. As a result, the foundation of theory is provided to implement VMI in the supply chain, and have some definituded project significance.
文摘This paper puts emphasis on how to arrange the stock and supply to the customer rationally under the VMI tactics. Having considered the supplier's delivery expenses, memory expenses and loss in short supply in model, the minimum total cost goal model of supply chain has been put forward using method of storing theory to charge example test the method of solving and analyzing the conclusion to propose.
基金The authors gratefully acknowledge the helpful comments/feedback received from the reviewers and the editors that have significantly helped enhance the paper.The first author would like to thanks Prof.Pranab K.Muhuri and Dr.Q.M.Danish Lohani for their generous support.
文摘Purpose-The proposed IT2FMOVMI model intends to concurrently minimize total cost and warehouse space for the single vendor-retailer,multi-item and a consolidated vendor store.Regarding demand and order quantities with the deterministic and type-1 fuzzy numbers,we have also formulated the classic/crisp MOVMI model and type-1 fuzzy MOVMI(T1FMOVMI)model.The suggested solution technique can solve both crisp MOVMIand T1FMOVMIproblems.By finding the optimal ordered quantities and backorder levels,the Paretofronts are constructed to form the solution sets for the three models.Design/methodology/approach-A multi-objective vendor managed inventory(MOVMI)is the most recognized marketing and delivery technique for the service provider and the retail in the supply chain in Industry 4.0.Due to the evolving market conditions,the characteristics of the individual product,the delivery period and the manufacturing costs,the demand rate and order quantity of the MOVMI device are highly unpredictable.In such a scenario,a MOVMI system with a deterministic demand rate and order quantity cannot be designed to estimate the highly unforeseen cost of the problem.This paper introduces a novel interval type-2 fuzzy multi-objective vendor managed inventory(IT2FMOVMI)system,which uses interval type-2 fuzzy numbers(IT2FNs)to represent demand rate and order quantities.As the model is an NP-hard,the well-known meta-heuristic algorithm named NSGA-II(Non-dominated sorted genetic algorithm-II)with EKM(Enhanced Karnink-Mendel)algorithm based solution method has been established.Findings-The experimental simulations for the five test problems that demonstrated distinct conditions are considered from the real-datasets of SAPCO company.Experimental study concludes that T1FMOVMI and crisp MOVMI schemes are outclassed by IT2FMOVMI model,offering more accurate Pareto-Fronts and efficiency measurement values.Originality/value-Using fuzzy sets theory,a significant amount of work has been already done in past decades from various points of views to model the MOVMI.However,this is the very first attempt to introduce type-2 fuzzy modelling for the problem to address the realistic implementation of the imprecise parameters.
文摘This study presents a two-echelon inventory routing problem (2E-IRP) with an end-of-tour replenishment (ETR) policy whose distribution network consists of a supplier, several distribution centers (DCs) and several retailers on a multi-period planning horizon. A formulation of the problem based on vehicle indices is proposed in the form of a mixed integer linear program (MILP). The mathematical model of the problem is solved using a branch and cut (B&C) algorithm. The results of the tests are compared to the results of a branch and price (B&P) algorithm from the literature on 2E-IRP with a classical distribution policy. The results of the tests show that the B&C algorithm solves 197 out of 200 instances (98.5%). The comparison of the B&C and B&P results shows that 185 best solutions are obtained with the B&C algorithm on 197 instances (93.9%). Overall, the B&C algorithm achieves cost reductions ranging from 0.26% to 41.44% compared to the classic 2E-IRP results solved with the B&P algorithm, with an overall average reduction of 18.08%.
文摘针对客户有价格策略型行为下的供应商库存路径与定价问题(inventory routing and pricing problem,IRPP),通过将参考价格效应嵌入产品需求价格函数中,以供应商总利润最大化为目标,构建考虑参考价格效应的IRPP优化模型,设计改进的粒子群算法进行求解。通过3组不同规模的算例验证本文模型与算法的适用性和有效性。计算结果显示,考虑参考价格效应不仅有助于降低产品定价(约9%)和提升客户感知收益,而且能够降低零售商的产品总库存(约22%)、仓储资源占用成本和库存持有成本,从而提高供应商总利润(约5%)。敏感性分析结果显示:受客户记忆参数减小和增益系数增大的共同影响,供应商总利润会明显增加;受客户记忆参数和损失系数增大的共同影响,供应商总利润会迅速下降。研究结论可为电商环境下客户有价格策略型行为下的供应商IRPP优化提供决策支撑。