Research on integrated inventory transportation optimization of inbound logistics via a VMI-TPL model of an existing enterprise

Author:

Zhang Kun1,Hou Hanping1,Dong Zhiqiang1,Liu Ziheng2

Affiliation:

1. School of Economics and Management, Beijing Jiaotong University, Beijing, China

2. School of Software Engineering, Beijing Jiaotong University, Beijing, China

Abstract

<abstract> <p>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.</p> </abstract>

Publisher

American Institute of Mathematical Sciences (AIMS)

Subject

Applied Mathematics,Computational Mathematics,General Agricultural and Biological Sciences,Modeling and Simulation,General Medicine

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