Abstract

We discuss an intelligent use of a fleet of vessels. In particular, a distribution chain, extracted from a supply chain of a Swedish pulp producing company, is presented. Due to the two level characteristic of the distribution chain, it becomes long and complex, involving both inventory management and multi-modal routing decisions. The main mode of transportation is seaborne shipping, and special emphasis is given to the marine transportation decisions including routing and scheduling of owned vessels as well as charter vessels on the spot market. A solution approach based on column generation is proposed, and initial tests show promising results.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.