Shipment consolidation in a multiple-vendor-single-buyer integrated inventory model
- Authors
- Glock, Christoph H.; Kim, Tae bok
- Issue Date
- Apr-2014
- Publisher
- PERGAMON-ELSEVIER SCIENCE LTD
- Keywords
- Integrated inventory model; Joint economic lot size; Multiple suppliers; Shipment consolidation; Supply chain coordination
- Citation
- Computers and Industrial Engineering, v.70, pp.31 - 42
- Indexed
- SCIE
SCOPUS
- Journal Title
- Computers and Industrial Engineering
- Volume
- 70
- Start Page
- 31
- End Page
- 42
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/160161
- DOI
- 10.1016/j.cie.2014.01.006
- ISSN
- 0360-8352
- Abstract
- This paper studies the case of a single buyer sourcing a product from multiple vendors. To reduce transportation and handling costs, the buyer has the option to assign vendors to groups. The vendor groups then deliver their batches jointly to the buyer. The paper shows that consolidating shipments may lead to a significant reduction in total cost. Numerical studies indicate that deliveries should be scheduled in such a way that the buyer receives large shipments at the beginning of the delivery cycle and small shipments at its end. The results also suggest that vendor groups with high (low) production capacities should be scheduled to deliver their shipments towards the end (beginning) of the delivery cycle.
- Files in This Item
-
Go to Link
- Appears in
Collections - 서울 공과대학 > 서울 산업공학과 > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.