IDEAS home Printed from https://ideas.repec.org/p/cor/louvco/2008008.html
   My bibliography  Save this paper

An integrated model for warehouse and inventory planning

Author

Listed:
  • 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))

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.

Suggested Citation

  • STRACK, Geraldine & POCHET, Yves, 2008. "An integrated model for warehouse and inventory planning," CORE Discussion Papers 2008008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  • Handle: RePEc:cor:louvco:2008008
    as

    Download full text from publisher

    File URL: http://www.uclouvain.be/cps/ucl/doc/core/documents/coreDP2008_8.pdf
    Download Restriction: no

    More about this item

    Keywords

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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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: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). General contact details of provider: http://edirc.repec.org/data/coreebe.html .

    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.