A typology and literature review on stochastic multi-echelon inventory models

T De Kok, C Grob, M Laumanns, S Minner… - European Journal of …, 2018 - Elsevier
We develop a typology for multi-echelon inventory management. The typology is used to
classify and review the extensive research of multi-echelon inventory management under …

Inventory policies and safety stock optimization for supply chain planning

B Brunaud, JM Laínez‐Aguirre, JM Pinto… - AIChE …, 2019 - Wiley Online Library
In this article, traditional supply chain planning models are extended to simultaneously
optimize inventory policies. The inventory policies considered are the (r, Q) and (s, S) …

Improving the performance of planning and controlling raw material inventory in food industry

F Nurprihatin, M Gotami… - International journal of …, 2021 - riejournal.com
This paper discusses the inefficient and inaccurate raw material supply at a food company
which results in a backlog. This means the overstock occurs so that the improvement of …

Sustainable construction supply chain management with the spotlight of inventory optimization under uncertainty

Z Mohammadnazari, SF Ghannadpour - Environment, Development and …, 2021 - Springer
In this research, a supply chain network has been designed for inventory management using
not only the project site storage facility but also an ancillary warehouse to keep materials. In …

Feedback-based deterministic optimization is a robust approach for supply chain management under demand uncertainty

F Lejarza, MT Kelley, M Baldea - Industrial & Engineering …, 2022 - ACS Publications
Optimization-based inventory and supply chain management (SCM) under uncertainty can
provide organizations a significant competitive advantage. Implementing optimization under …

Firefly algorithm for supply chain optimization

M Elkhechafi, Z Benmamoun, H Hachimi… - Lobachevskii Journal of …, 2018 - Springer
The firefly algorithm is one of the best latest bio-inspired algorithms, which proved its
performance in solving continuous and discrete optimization problems. This paper presents …

Market-oriented procurement planning leading to a higher service level and cost optimization

S Gallego-García, M García-García - Applied Sciences, 2020 - mdpi.com
Featured Application Optimization of inventory management for managers considering
demand forecasting, procurement strategies, and different product lifecycles. Abstract The …

Tactical supply chain planning under uncertainty with an application in the wind turbines industry

A Megahed, M Goetschalckx - Computers & Operations Research, 2018 - Elsevier
With today's rapidly changing global market place, it is essential to explicitly include
uncertainty in supply chain planning models. In this paper, we develop a two-stage …

Output feedback robust distributed model predictive control for parallel systems in process networks with competitive characteristics

S Zhang, D Zhao, SK Spurgeon - Control Engineering Practice, 2021 - Elsevier
The parallel structure is one of the basic system architectures found in process networks.
This paper formulates control strategies for such parallel systems when the states are …

A Stochastically Optimized Two-Echelon Supply Chain Model: An Entropy Approach for Operational Risk Assessment

K Petridis, PK Dey, AK Chattopadhyay, P Boufounou… - Entropy, 2023 - mdpi.com
Minimizing a company's operational risk by optimizing the performance of the manufacturing
and distribution supply chain is a complex task that involves multiple elements, each with …