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Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise.

Authors :
Zhang K
Hou H
Dong Z
Liu Z
Source :
Mathematical biosciences and engineering : MBE [Math Biosci Eng] 2023 Aug 14; Vol. 20 (9), pp. 16212-16235.
Publication Year :
2023

Abstract

Third-party logistics companies face a challenging task in minimizing inventory transportation costs due to the complexities of managing numerous suppliers. Effectively optimizing costs becomes a formidable problem for such companies. This empirical research has yielded strategies for minimizing the inventory transportation cost specifically for company D. Through a rigorous optimization process, the findings presented in this paper demonstrate an average reduction of 7.18% in company D's inventory transportation cost. By jointly optimizing inbound logistics inventory transportation under VMI-TPL mode, this study extends the theory of supplier managed inventory and improves the inbound logistics mode. The results of this study can provide quantitative support and decision-making references for the project operation management of company D and similar enterprises.

Details

Language :
English
ISSN :
1551-0018
Volume :
20
Issue :
9
Database :
MEDLINE
Journal :
Mathematical biosciences and engineering : MBE
Publication Type :
Academic Journal
Accession number :
37920010
Full Text :
https://doi.org/10.3934/mbe.2023724