An Integrated Inventory and Transportation System Framework

Abstract

New research in supply-chain management recognizes that an integrated plan is required that coordinates different functional specialties within a firm; however, little research has focused on synchronizing inventory and transportation decisions. This paper develops analytical models that integrate inventory and transportation decisions systems in order to simultaneously "optimize" decision variables that have traditionally been studied sequentially or independently. the results offer a framework for a synchronous control policy for an integrated inventory and transportation system under Vendor Managed Inventory (VMI).

Department(s)

Engineering Management and Systems Engineering

Keywords and Phrases

Inventory Management; Supply Chain Management; Transportation; Vendor-Managed Inventory

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2024 Scimago Journal & Country Rank, All rights reserved.

Publication Date

01 Dec 2004

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