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The Inventory Routing Problem [PDF]
, 1998 The role of logistics management is changing. Many companies are realizing that value for a customer can, in part, be created through logistics management (Langley and Holcomb, 1996). Customer value can be created through product availability, timeliness and consistency of delivery, ease of placing orders, and other elements of logistics service ...
Ann Campbell +3 more
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Cyclic Delivery Schedules for an Inventory Routing Problem
Transportation Science, 2015We consider an inventory routing problem where a common vendor is responsible for replenishing the inventories of several customers over a perpetual time horizon. The objective of the vendor is to minimize the total cost of transportation of a single product from a single depot to a set of customers with deterministic and stationary consumption rates ...
Ali Ekici +2 more
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Combinatorial Heuristics for Inventory Routing Problems
INFORMS Journal on Computing, 2022We consider the deterministic inventory routing problem over a discrete finite time horizon. Given clients on a metric, each with daily demands that must be delivered from a depot and holding costs over the planning horizon, an optimal solution selects a set of daily tours through a subset of clients to deliver all demands before they are due and ...
Ziye Tang, Yang Jiao, R. Ravi 0001
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The Inventory Routing Problem Under Uncertainty
Operations Research, 2023In the inventory routing problem, the supplier acts as a central decision maker who determines the replenishment quantities and also, the delivery times and routes to all retailers. In “Inventory Routing Problem Under Uncertainty”, Cui et al. develop a novel framework for the uncertain inventory routing problem and allow ambiguity in the probability ...
Zheng Cui +3 more
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Formulations for an inventory routing problem
International Transactions in Operational Research, 2014AbstractIn this paper, we present and compare formulations for the inventory routing problem (IRP) where the demand of customers has to be served, over a discrete time horizon, by capacitated vehicles starting and ending their routes at a depot. The objective of the IRP is the minimization of the sum of inventory and transportation costs.
Claudia Archetti +3 more
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Dynamic routing-and-inventory problems: a review
Transportation Research Part A: Policy and Practice, 1998TRANSPORTATIONS ...
FAVARETTO, Daniela +3 more
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A Matheuristic for the Multivehicle Inventory Routing Problem
INFORMS Journal on Computing, 2017We consider the inventory routing problem, in which a supplier has to replenish a set of customers by means of a limited fleet of capacitated vehicles over a discrete time horizon. The goal is to minimize the total cost of the distribution that comprises the inventory cost at the supplier and at the customers and the routing cost.
Claudia Archetti +2 more
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CAR: heuristics for the inventory routing problem
Wireless Networks, 2020Vendor managed inventory (VMI) is a streamlined approach to inventory and order fulfillment and is a system in which vendors continuously and automatically replenish a trading partner’s inventory. Vendors must ensure appropriate quantities of storages at the point of demand and must ensure optimal distribution plans, including routing of the ...
Ramkumar Nambirajan +4 more
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The inventory routing problem: the value of integration
International Transactions in Operational Research, 2015AbstractWe consider an inventory routing problem in which a supplier delivers goods to customers over a given planning period. Before the advent of the supply chain management concept, customers usually applied a policy for the inventory management. The supplier then, on the basis of the distribution schedule determined by the customers, organized the
ARCHETTI, Claudia +1 more
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Transportation Research Record: Journal of the Transportation Research Board, 2013
This paper extends the study of the inventory routing problem with slack maximization (IRPSM), which addresses the distribution of relief supplies in response to a sudden emergency. Compared with the classical routing problem, the objective of IRPSM is to maximize the slack in inventory, defined as the difference between the arrival time of new ...
Xianfeng Yang, Lei Feng
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This paper extends the study of the inventory routing problem with slack maximization (IRPSM), which addresses the distribution of relief supplies in response to a sudden emergency. Compared with the classical routing problem, the objective of IRPSM is to maximize the slack in inventory, defined as the difference between the arrival time of new ...
Xianfeng Yang, Lei Feng
openaire +1 more source