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Controlling inventories in a supply chain: a case study

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  • Porras Musalem, E.
  • Dekker, R.

Abstract

This article studies specific aspects of the joint replenishment problem in a real supply chain setting. Particularly we analyze the effect on inventory performance of having minimum order quantities for the different products in the joint order, given a complex transportation cost structure. The policies suggested have been tested in a simulation model with real data.

Suggested Citation

  • Porras Musalem, E. & Dekker, R., 2002. "Controlling inventories in a supply chain: a case study," Econometric Institute Research Papers EI 2002-53, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    • Handle: RePEc:ems:eureir:524
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    References listed on IDEAS

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    1. Edward Ignall, 1969. "Optimal Continuous Review Policies for Two Product Inventory Systems with Joint Setup Costs," Management Science, INFORMS, vol. 15(5), pages 278-283, January.
    2. Viswanathan, S. & Piplani, Rajesh, 2001. "Coordinating supply chain inventories through common replenishment epochs," European Journal of Operational Research, Elsevier, vol. 129(2), pages 277-286, March.
    3. Derek R. Atkins & Paul O. Iyogun, 1988. "Periodic Versus "Can-Order" Policies for Coordinated Multi-Item Inventory Systems," Management Science, INFORMS, vol. 34(6), pages 791-796, June.
    4. Edward A. Silver, 1976. "A Simple Method of Determining Order Quantities in Joint Replenishments Under Deterministic Demand," Management Science, INFORMS, vol. 22(12), pages 1351-1361, August.
    5. Musalem, Eric Porras & Dekker, Rommert, 2005. "Controlling inventories in a supply chain: A case study," International Journal of Production Economics, Elsevier, vol. 93(1), pages 179-188, January.
    6. Wildeman, R.E. & Frenk, J.B.G. & Dekker, R., 1997. "An efficient optimal solution method for the joint replenishment problem," European Journal of Operational Research, Elsevier, vol. 99(2), pages 433-444, June.
    7. S. K. Goyal, 1974. "Determination of Optimum Packaging Frequency of Items Jointly Replenished," Management Science, INFORMS, vol. 21(4), pages 436-443, December.
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    Cited by:

    1. Jong Soo Kim & Eunhee Jeon & Jiseong Noh & Jun Hyeong Park, 2018. "A Model and an Algorithm for a Large-Scale Sustainable Supplier Selection and Order Allocation Problem," Mathematics, MDPI, vol. 6(12), pages 1-19, December.
    2. Chan, Chi Kin & Yuk-on Li, Leon & To Ng, Chi & Kin-sion Cheung, Bernard & Langevin, Andre, 2006. "Scheduling of multi-buyer joint replenishments," International Journal of Production Economics, Elsevier, vol. 102(1), pages 132-142, July.
    3. Okhrin, Irena & Richter, Knut, 2011. "The linear dynamic lot size problem with minimum order quantity," International Journal of Production Economics, Elsevier, vol. 133(2), pages 688-693, October.
    4. Muriel, Ana & Chugh, Tammana & Prokle, Michael, 2022. "Efficient algorithms for the joint replenishment problem with minimum order quantities," European Journal of Operational Research, Elsevier, vol. 300(1), pages 137-150.
    5. Musalem, Eric Porras & Dekker, Rommert, 2005. "Controlling inventories in a supply chain: A case study," International Journal of Production Economics, Elsevier, vol. 93(1), pages 179-188, January.
    6. Okhrin, Irena & Richter, Knut, 2011. "An O(T3) algorithm for the capacitated lot sizing problem with minimum order quantities," European Journal of Operational Research, Elsevier, vol. 211(3), pages 507-514, June.
    7. Porras, Eric & Dekker, Rommert, 2006. "An efficient optimal solution method for the joint replenishment problem with minimum order quantities," European Journal of Operational Research, Elsevier, vol. 174(3), pages 1595-1615, November.
    8. Ji Seong Noh & Jong Soo Kim & Biswajit Sarkar, 2019. "Stochastic joint replenishment problem with quantity discounts and minimum order constraints," Operational Research, Springer, vol. 19(1), pages 151-178, March.
    9. Rayna, Thierry & Striukova, Ludmila, 2021. "Assessing the effect of 3D printing technologies on entrepreneurship: An exploratory study," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    10. Porras Musalem, E. & Dekker, R., 2005. "Generalized Solutions for the joint replenishment problem with correction factor," Econometric Institute Research Papers EI 2005-19, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.

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