Inventory and internal logistics management as critical factors affecting the supply chain performances. (10th April 2010)

• Record Type: Journal Article
• Authors: Curcio, Duilio; Longo, Francesco
• Is Part Of: International journal of simulation and process modelling. Volume 5:Number 4(2009)
• Page Start: 278
• Page End: 288
• Publication Date: 2010-04-10
• Subjects: inventory control policies -- internal logistics management -- SCM -- supply chain management -- supply chain performance -- DOE -- design of experiments -- simulation -- service levels -- resource allocation -- inventory management; Management -- Computer simulation -- Periodicals; Mathematical models -- Periodicals; Operations research -- Periodicals; Simulation methods -- Periodicals; 003.05
• Languages: English
• ISSNs: 1740-2123

Abstract

This paper focuses on the inventory and internal logistics management problem within a specific Supply Chain (SC) node (a Distribution Centre (DC)). The objective is twofold: to monitor the performance of different inventory control policies under distinct operative scenarios and to reduce the Internal Logistic Costs (ILCs) by investigating the effect of some critical parameters (i.e., the number of incoming/outgoing trucks from suppliers/to retailers, the number of forklifts and lift trucks, etc.) for increasing the service level provided to final retailers and allocating internal resources efficiently. To this end, a simulation model of a real DC is implemented.