Advanced Search
MyIDEAS: Login

An integrated model for warehouse and inventory planning

Contents:

Author Info

  • STRACK, Geraldine

    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

  • POCHET, Yves

    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

Registered author(s):

    Abstract

    We propose a tactical model which integrates the replenishment decision in inventory management, the allocation of products to warehousing systems and the assignment of products to storage locations in warehousing management. The purpose of this article is to analyse the value of integrating warehouse and inventory decisions. This is achieved by proposing two methods for solving this tactical integrated model which differ in the level of integration of the inventory and warehousing decisions. A computational analysis is performed on a real world database and using multiple scenarios differing by the warehouse capacity limits. Our observation is that the total cost of the inventory and warehousing systems can be reduced drastically by taking into account the warehouse capacity restrictions in the inventory planning decisions, in an aggregate way. Moreover additional inventory and warehouse savings can be achieved by using more sophisticated integration methods for inventory and warehousing decisions.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.uclouvain.be/cps/ucl/doc/core/documents/coreDP2008_8.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2008008.

    as in new window
    Length:
    Date of creation: 01 Feb 2008
    Date of revision:
    Handle: RePEc:cor:louvco:2008008

    Contact details of provider:
    Postal: Voie du Roman Pays 34, 1348 Louvain-la-Neuve (Belgium)
    Phone: 32(10)474321
    Fax: +32 10474304
    Email:
    Web page: http://www.uclouvain.be/core
    More information through EDIRC

    Related research

    Keywords: multi-item inventory model; tactical warehouse model; integrated model; Lagrangian relaxation.;

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cor:louvco:2008008. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alain GILLIS).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.