The joint replenishment and freight consolidation of a warehouse in a supply chain

I. K. Moon; B. C. Cha; C. U. Lee

doi:10.1016/j.ijpe.2009.10.030

The joint replenishment and freight consolidation of a warehouse in a supply chain

I. K. Moon, B. C. Cha, C. U. Lee

School of Industrial Management Engineering

Research output: Contribution to journal › Article › peer-review

43 Citations (Scopus)

Abstract

We have developed joint replenishment and consolidated freight delivery policies for a third party warehouse that handles multiple items, which have deterministic demand rates in a supply chain. Two policies are proposed and mathematical models are developed to obtain the optimal parameters for the proposed policies. Four efficient algorithms are presented to solve the mathematical models for the two policies. The performances of the two policies with the parameters obtained from the proposed algorithms are then compared with the common cycle approach for 1600 randomly generated problems. The results show the robust performance of the proposed algorithm for both policies.

Original language	English
Pages (from-to)	344-350
Number of pages	7
Journal	International Journal of Production Economics
Volume	133
Issue number	1
DOIs	https://doi.org/10.1016/j.ijpe.2009.10.030
Publication status	Published - 2011 Sep

Keywords

Freight consolidation
Heuristic algorithm
Joint replenishment problem

ASJC Scopus subject areas

Business, Management and Accounting(all)
Economics and Econometrics
Management Science and Operations Research
Industrial and Manufacturing Engineering

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10.1016/j.ijpe.2009.10.030

Cite this

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title = "The joint replenishment and freight consolidation of a warehouse in a supply chain",

abstract = "We have developed joint replenishment and consolidated freight delivery policies for a third party warehouse that handles multiple items, which have deterministic demand rates in a supply chain. Two policies are proposed and mathematical models are developed to obtain the optimal parameters for the proposed policies. Four efficient algorithms are presented to solve the mathematical models for the two policies. The performances of the two policies with the parameters obtained from the proposed algorithms are then compared with the common cycle approach for 1600 randomly generated problems. The results show the robust performance of the proposed algorithm for both policies.",

keywords = "Freight consolidation, Heuristic algorithm, Joint replenishment problem",

author = "Moon, {I. K.} and Cha, {B. C.} and Lee, {C. U.}",

note = "Funding Information: The authors are grateful to the constructive comments of two anonymous referees. This work was supported by the Grant of the Korean Ministry of Education, Science and Technology (The Regional Core Research Program/Institute of Logistics Information Technology).",

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AU - Cha, B. C.

AU - Lee, C. U.

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AB - We have developed joint replenishment and consolidated freight delivery policies for a third party warehouse that handles multiple items, which have deterministic demand rates in a supply chain. Two policies are proposed and mathematical models are developed to obtain the optimal parameters for the proposed policies. Four efficient algorithms are presented to solve the mathematical models for the two policies. The performances of the two policies with the parameters obtained from the proposed algorithms are then compared with the common cycle approach for 1600 randomly generated problems. The results show the robust performance of the proposed algorithm for both policies.

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KW - Heuristic algorithm

KW - Joint replenishment problem

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The joint replenishment and freight consolidation of a warehouse in a supply chain

Abstract

Keywords

ASJC Scopus subject areas

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