Inventory control policy of preventive lateral transshipment between retailers in multi periods

Considering Production Planning in the Multi-period Inventory Routing Problem with Transshipment between Retailers

Generally, the inventory routing problem occurs in a supply chain where customers consider the supplier responsible for inventory replenishment. In this situation, the supplier finds the answer to questions regarding the time and quantity of delivery to the customer as well as the sequence of customers in the routes. Considering the effect of production decisions on answering these questions, t...

Transshipment Between Competitive Retailers

This paper is based on observations that competing retailers have the option of either agreeing in advance to transship excess inventory to each other or seeing unsatisfied customers switch to the competitor for a substitute. A transshipment game and a substitution game between competing retailers is studied. After establishing the existence and uniqueness of a pure-strategy Nash Equilibrium in...

Optimal lateral transshipment policy for a two location inventory problem

We consider an inventory model for spare parts with two stockpoints, providing repairable parts for a critical component of advanced technical systems. As downtime costs for these systems are huge, ready-for-use spare parts are kept on stock, to be able to quickly respond to a breakdown of a system. We allow for lateral transshipments of parts between the stockpoints upon a demand arrival for a...

Service parts inventory control with lateral transshipment and pipeline stockflexibility

In equipment-intensive industries such as truck, electronics, aircraft and dredging vessel manufacturing, service parts are often slow moving items for which the transshipment time is not negligible. However, this aspect is hardly considered in the existing service logistics literature. In this paper, we consider this aspect and propose a customer-oriented service measure which takes into accou...

Service Parts Inventory Control with Lateral Transshipment that takes Time