Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise
Third-party logistics companies face a challenging task in minimizing inventory transportation costs due to the complexities of managing numerous suppliers. Effectively optimizing costs becomes a formidable problem for such companies. This empirical research has yielded strategies for minimizing the...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
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AIMS Press
2023-08-01
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Series: | Mathematical Biosciences and Engineering |
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Online Access: | https://www.aimspress.com/article/doi/10.3934/mbe.2023724?viewType=HTML |
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author | Kun Zhang Hanping Hou Zhiqiang Dong Ziheng Liu |
author_facet | Kun Zhang Hanping Hou Zhiqiang Dong Ziheng Liu |
author_sort | Kun Zhang |
collection | DOAJ |
description | Third-party logistics companies face a challenging task in minimizing inventory transportation costs due to the complexities of managing numerous suppliers. Effectively optimizing costs becomes a formidable problem for such companies. This empirical research has yielded strategies for minimizing the inventory transportation cost specifically for company D. Through a rigorous optimization process, the findings presented in this paper demonstrate an average reduction of 7.18% in company D's inventory transportation cost. By jointly optimizing inbound logistics inventory transportation under VMI-TPL mode, this study extends the theory of supplier managed inventory and improves the inbound logistics mode. The results of this study can provide quantitative support and decision-making references for the project operation management of company D and similar enterprises. |
first_indexed | 2024-03-11T21:36:13Z |
format | Article |
id | doaj.art-df5c559ad6a9452d9bfeb749c61b7a02 |
institution | Directory Open Access Journal |
issn | 1551-0018 |
language | English |
last_indexed | 2024-03-11T21:36:13Z |
publishDate | 2023-08-01 |
publisher | AIMS Press |
record_format | Article |
series | Mathematical Biosciences and Engineering |
spelling | doaj.art-df5c559ad6a9452d9bfeb749c61b7a022023-09-27T01:29:11ZengAIMS PressMathematical Biosciences and Engineering1551-00182023-08-01209162121623510.3934/mbe.2023724Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterpriseKun Zhang0Hanping Hou1Zhiqiang Dong2Ziheng Liu 31. School of Economics and Management, Beijing Jiaotong University, Beijing, China1. School of Economics and Management, Beijing Jiaotong University, Beijing, China1. School of Economics and Management, Beijing Jiaotong University, Beijing, China2. School of Software Engineering, Beijing Jiaotong University, Beijing, ChinaThird-party logistics companies face a challenging task in minimizing inventory transportation costs due to the complexities of managing numerous suppliers. Effectively optimizing costs becomes a formidable problem for such companies. This empirical research has yielded strategies for minimizing the inventory transportation cost specifically for company D. Through a rigorous optimization process, the findings presented in this paper demonstrate an average reduction of 7.18% in company D's inventory transportation cost. By jointly optimizing inbound logistics inventory transportation under VMI-TPL mode, this study extends the theory of supplier managed inventory and improves the inbound logistics mode. The results of this study can provide quantitative support and decision-making references for the project operation management of company D and similar enterprises.https://www.aimspress.com/article/doi/10.3934/mbe.2023724?viewType=HTMLsupplier inventory managementthird-party logisticsmilk run inventory transportation optimizationdecentralized distributed inventory transportation optimization |
spellingShingle | Kun Zhang Hanping Hou Zhiqiang Dong Ziheng Liu Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise Mathematical Biosciences and Engineering supplier inventory management third-party logistics milk run inventory transportation optimization decentralized distributed inventory transportation optimization |
title | Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise |
title_full | Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise |
title_fullStr | Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise |
title_full_unstemmed | Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise |
title_short | Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise |
title_sort | research on integrated inventory transportation optimization of inbound logistics via a vmi tpl model of an existing enterprise |
topic | supplier inventory management third-party logistics milk run inventory transportation optimization decentralized distributed inventory transportation optimization |
url | https://www.aimspress.com/article/doi/10.3934/mbe.2023724?viewType=HTML |
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