An Adaptive Inventory Control Model for a Supply Chain with Nonstationary Customer Demands

2006 ◽  
pp. 895-900
Author(s):  
Jun-Geol Baek ◽  
Chang Ouk Kim ◽  
Ick-Hyun Kwon
Keyword(s):  
Supply Chain ◽  
Inventory Control ◽  
Control Model ◽  
Inventory Control Model ◽  
Customer Demands

scholarly journals Research on Multi-Echelon Inventory Optimization for Fresh Products in Supply Chains

2021 ◽  
Vol 13 (11) ◽  
pp. 6309
Author(s):  
Yingying Zhang ◽  
Yi Chai ◽  
Le Ma
Keyword(s):  
Supply Chain ◽  
Inventory Control ◽  
Inventory Management ◽  
Fitness Function ◽  
Optimal Solution ◽  
Control Model ◽  
Practical Significance ◽  
Deterioration Rate ◽  
Inventory Control Model ◽  
Fresh Products

Fresh products are perishable and fragile, which easily leads to higher inventory costs and requires reasonable planning of inventory management. Therefore, it is very important for fresh product supply chain systems to have multi-echelon inventory control. However, in past studies, few control models of the multi-echelon inventory considered the deterioration rate of perishable products as the variable factor. In this paper, on the basis of considering the perishable characteristics of fresh products, combining the deterioration rate with the inventory control model, a multi-echelon inventory control model for fresh products is designed and optimized, and the optimal solution from the whole supply chain is obtained through the optimal fitness function by genetic algorithm. Finally, Flexsim is used to simulate the two inventory strategies before and after optimization. After simulation comparison and analysis, it is verified that the optimized inventory control strategy has lower costs. The research results can help supply chain managers of fresh products to make inventory management decisions and save costs, which is of practical significance.

A hybrid two-stock inventory control model for a reverse supply chain

2014 ◽  
Vol 67 ◽  
pp. 141-161 ◽  
Author(s):  
Hossein Zolfagharinia ◽  
Maryam Hafezi ◽  
Reza Zanjirani Farahani ◽  
Behnam Fahimnia
Keyword(s):  
Supply Chain ◽  
Inventory Control ◽  
Control Model ◽  
Reverse Supply Chain ◽  
Inventory Control Model
Sign in / Sign up

Export Citation Format

Share Document