IDEAS home Printed from https://ideas.repec.org/a/eee/transe/v45y2009i1p39-49.html
   My bibliography  Save this article

The floating stock policy in fast moving consumer goods supply chains

Author

Listed:
  • Pourakbar, Morteza
  • Sleptchenko, Andrei
  • Dekker, Rommert

Abstract

The floating stock distribution concept exploits intermodal transport to deploy inventories in a supply chain in advance of retailer demand. In this way response times are reduced and storage costs can be reduced as well by having products in the pipeline. In this paper we present two mathematical models to analyse this policy with backlogging allowed. The first one tries to optimize the advanced shipping time of containers to intermodal terminal, and the second optimizes the total number of containers in pipeline and terminal. A comparison is made with the simulation outcomes of applying previously developed strategies, which shows that this concept has advantages in inventories over other strategies.

Suggested Citation

  • Pourakbar, Morteza & Sleptchenko, Andrei & Dekker, Rommert, 2009. "The floating stock policy in fast moving consumer goods supply chains," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 45(1), pages 39-49, January.
  • Handle: RePEc:eee:transe:v:45:y:2009:i:1:p:39-49
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1366554508000975
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Choi, Tsan-Ming, 2013. "Local sourcing and fashion quick response system: The impacts of carbon footprint tax," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 55(C), pages 43-54.
    2. Péter Bajor & Adrián Horváth, 2008. "The role of decision-making parameters in constructing and re-engineering of distribution networks," Proceedings Papers of Business Sciences: Symposium for Young Researchers (FIKUSZ) 2008,in: László Áron Kóczy (ed.), FIKUSZ 2008 Business Sciences - Symposium for Young Researchers: Proceedings, pages 55-63 Óbuda University, Keleti Faculty of Business and Management.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:transe:v:45:y:2009:i:1:p:39-49. 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: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/description#description .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.