Inventory optimizationSupply chain managementJoint plan modelThis paper reviews joint inventory management models and discusses its contribution to improve the overall supply chain competitiveness, after discussing suppliers and agents' plan model respectively. Further, based on the background of Company F,...
Since there have been supply chains and warehouses, one of the greatest challenges to achieving inventory optimization has been the balancing act between “just enough” and “not too much.” Demand forecasting has traditionally been a backward-looking practice. Even though inventory optimizat...
s multi-echelon inventory optimization (MEIO) to create, evaluate, and optimize inventory strategies and tactics throughout all supply chain networks, from the simplest to the most complex by considering all interdependencies across multiple stages of distribution and production including work in process...
Multi-echelon inventory optimization (MEIO) is an advanced approach that optimizes inventory levels across the entire supply chain network rather than focusing on individual locations in isolation. It considers the interdependencies between different echelons—such as warehouses, distribution centers, and ...
As mentioned, multi-echelon supply chains can involve multiple entities spread across many locations. While some inventory optimization methods address each location separately, MEIO considers the connections between different echelons. MEIO practices can be used to gain a holistic view of the supply cha...
Strategic Role in Cost Control:Inventory management in the supply chain is a critical component of cost control. Efficient management helps minimize holding costs, such as warehousing, insurance, and the risk of products being outdated. Cash Flow Optimization: It facilitates better cash flow management...
The principal challenge of inventory control in supply chains is that the interacting autonomous enterprises have to plan their production and logistics under information asymmetry, driven by different, often conflicting objectives. In this paper, four different computational approaches are investigated to ...
The data described in this paper are publicly available at the journal's website (http://msom.pubs.informs.org/ecompanion.html). 关键词: multiechelon inventory system multistage supply chain application inventory optimization supply chain data set DOI: 10.1287/msom.1070.0176 被引量: 66 年份...
Fashion Supply Chain Inventory Optimization Models with Service Level and Lead Time ConsiderationsService levelControllable lead timeFashion supply chainsWe study in this paper the optimal inventory models in fashion supply chains with a controllable lead time and a service-level constraint. First, we ...
Sultana, Nazneen N., et al. "Reinforcement Learning for Multi-Product Multi-Node Inventory Management in Supply Chains." arXiv preprint arXiv:2006.04037 (2020). 特色 Inventory management 在工业界有很多的应用。近年来,有一些文章把它用强化学习来建模和解决,这里介绍一个比较新的文章,可以帮助大家对这个...