An integrated inventory and order pick-up model considering the vendor's capacities and the vehicle trips' duration for the MVSB system

• Marpaung, Budi ^[1] ; Aribowo, Wisnu ^[1] ; Suprayogi, Suprayogi ^[1] ; Halim, Abdul Hakim ^[1]
  1. [1] Institut Teknologi Bandung
• Localización: Journal of Industrial Engineering and Management, ISSN-e 2013-0953, Vol. 17, Nº. 3, 2024 (Ejemplar dedicado a: In process), págs. 650-663
• Idioma: inglés
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• Resumen

  • Purpose: This research develops a model integrating inventory with order pick-up that considers both the vendor’s capacities and the pick-up time for the multi-vendor single-buyer (MVSB) system.Design/methodology/approach: A model of integrating inventory with pick-up of order considering both the vendor’s capacities and the pick-up time for the MVSB’s system is formulated as a mixed integer non-linear programming, and a heuristic-metaheuristic algorithm is proposed to solve the problem. This model applies a decomposition approach to minimize total relevant costs, which consist of the buyer’s ordering, vendor’s set-up, vendor’s and buyer’s holding, and pick-up.Findings: This research proposes an inventory model integrated with the pick-up of orders, considering both the capacity of the vendor and the pick-up time for the MVSB system. This research also proposes a hybrid heuristic-metaheuristic algorithm that can obtain a solution in realistic computational time. Originality/value: This paper proposes a mathematical model for the inbound inventory routing problem, considering both the capacities of vendors and the pick-up time for the MVSB system.