Abstract

Vendor Managed Inventory (VMI) is a coordination paradigm in the integrated management of the supply-chain that tries to optimize simultaneously inventory and routing. In this system, the decisions about timing and level of customer’s replenishment are determined by the supplier that is supposed to have the complete knowledge about the customers’ need, in order to avoid stock-outs. In this work, a matheuristic approach is applied to a logistic network in the supermarket distribution industry. The system comprises a distribution centre and several retails located in Eastern Asia. A detailed analysis of the context and some computational results are presented.

Full Text
Paper version not known

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.