The effective management of supply chains depends upon the ability of decision makers to control inventory while maintaining customer service at low cost. This paper examines an analytical model for the two-echelon one warehouse and multiple retailers system using (R, Q) inventory policies. A simulation model was developed to analyze the performance of the analytical model under conditions that...

This paper proposes an analytical method for performance evaluation and optimization of a production-distribution system composed of a warehouse supplied from an upstream manufacturing plant. Customer orders arrive randomly with random order size and the production capacity is finite. Transportation time from plant to warehouse is fixed. The analytical approach needs only the first two moments ...

A two warehouse production inventory model for deteriorating items is explored in an inflation induced demand and partial backlogging under the effect of learning on set-up cost. Holding cost is treated as a linear function of time and production rate is taken as a linear combination of demand and on-hand inventory. A finite planning horizon inventory problem having two separate warehouses, one...

In the supply chain and logistics industry, precision of data assets inventory plays a crucial role in warehouse activities.  The operations like storage locations arrangement, management, maintaining flow incoming outcoming goods lead to success warehouse.  Nowadays, most people are preferring online shopping all over world because it is faster than local trade.  Thus, there's massive informat...

In the current global market, organizations use many promotional tools to increase their sales. One such tool is sales teams’ initiatives or promotional policies, i.e., free gifts, discounts, packaging, etc. This phenomenon motivates the retailer/or buyer to order a large inventory lot so as to take full benefit of promotional policies. In view of this the present paper considers a two-warehous...

The spare part inventory is an important section that must be managed and controlled in the company, primarily because this supports provision of parts for manufacturing process. An excellent management system matches records SAP warehouse actual physical evidence. problem faced by consumer goods company was difference between recording evidence non-consumable goods. By implementing improvement...

In this paper we consider a 1-warehouse, N-retailer inventory system where demand occurs at all locations. We introduce an inventory model which allows us to set different service levels for retailers and direct customer demand at the warehouse. For each retailer a critical level is defined, such that a retailer replenishment order is delivered from warehouse stock if and only if the stock leve...

The case examines a project between a leading European retailer, Kaufhof Department Stores, and fashion merchandise manufacturer Gerry Weber utilizing RFID (Radio Frequency Identification). It shows how both players experienced significant cost, time, and inventory management improvements over the course of the 5-month project. These performance improvements occurred at both the warehouse level...

In this chapter, the two-warehouse inventory problem is considered for deteriorating items with constant demand rate and shortages under inflationary conditions. In today’s unstable global economy, the effects of inflation and time value of money cannot be ignored as it increases the cost of goods. To safeguard from the rising prices, during the inflation regime, the organization prefers to kee...

We consider the inventory-routing problem in a three-level distribution system with a single vendor, a single warehouse and many geographically dispersed retailers. In this problem, each retailer faces a demand at a deterministic, retailer-specific rate. The demand of each retailer is replenished either from the warehouse by a small vehicle or from the vendor bypassing the warehouse by a big ve...