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Vendor managed inventory system considering deteriorating items and probabilistic demand for a three-layer supply chain

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dc.contributor.authorKatherinne Salas-Navarro
dc.contributor.authorJuan M. Romero-Montes
dc.contributor.authorJaime Acevedo Chedid
dc.contributor.authorHolman Ospina-Mateus
dc.contributor.authorWhady F. Florez
dc.contributor.authorLeopoldo Eduardo Cárdenas-Barrón
dc.contributor.corporatenameCORPORACION UNIVERSITARIA DEL CARIBE CECAR
dc.contributor.researchgroupSIMULACIÓN DE TECNOLOGÍAS PARA PROCESOS INDUSTRIALES
dc.coverage.countryCOLOMBIA
dc.date.accessioned2024-10-15T13:53:22Z
dc.date.available2024-10-15T13:53:22Z
dc.date.issued2023
dc.description.abstractThis paper proposes a Vendor Managed Inventory model for a three layer supply chain comprised of multiple suppliers, manufacturers, and retailers. During the production and storage of products, rates of defective and deteriorated products are generated, respectively. The imperfect quality and deteriorating items are removed from the lot size. The decision variables include the replenishment cycles and production rates of finished products, order times, and raw materials production rates. It is assumed that deteriorating rates are constant, and the demand rates of retailers are probabilistic. A joint optimization model is developed to maximize the benefit function of the supply chain. Cost of order, deterioration, holding, screening, production, disposal, fixed, labor, purchasing, and others. A collaborative approach is considered among the chain members where the manufacturers lead the inventory policies to avoid risks associated with deterioration items. Moreover, the Taylor series expansion approximates the exponential terms, and a solution procedure is proposed to find the optimal solutions. A case study of the Dairy Industry for highly perishable products is provided to apply the VMI model and perform a sensitivity analysis. This collaboration scheme is developed according to confidentiality policies to share information related to sales forecast, operational cost, storage strategies, quality conditions, and increased product rotation to reduce deterioration. The results show greater participation of the retailers and manufacturers in the benefits of the chain, which is consistent with the VMI policy. Finally, the conclusion, managerial implications, and future research are presented.eng
dc.description.editionvol:218
dc.description.researchareaCiencia y desarrollo tecnologíco
dc.description.researchareaComputación aplicada
dc.description.researchareaGestión de la tecnología y la innovación
dc.description.researchareaIngeniería de Software
dc.description.researchareaLogística y Gestión de procesos
dc.description.researchareaTecnología y calidad en la industria de alimento
dc.format.extent1
dc.format.mimetypeapplication/pdf
dc.identifier.citationSalas-Navarro, K, Romero Montes, J, Acevedo-Chedid, J, Ospina Mateus, H, Florez, W y Cárdenas-Barrón, L. (2023). Vendor managed inventory system considering deteriorating items and probabilistic demand for a three-layer supply chain. . Expert Systems with Applications, vol. 218, Elsevier Ltd.. Disponible en: https://hdl.handle.net/11323/10376
dc.identifier.doihttps://doi.org/10.1016/j.eswa.2023.119608
dc.identifier.urihttps://repositorio.cecar.edu.co/handle/cecar/10325
dc.language.isoeng
dc.publisherUNIVERSIDAD DE LA COSTA
dc.publisher.placeCOLOMBIA
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dc.rightsThe Author 2023. This work is licensed under a Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) that allows others to share and adapt the material for any purpose (even commercially), in any medium with an acknowledgement of the work's authorship and initial publication in this journal.
dc.rights.accessrightsinfo:eu-repo/semantics/openAccess
dc.rights.coarhttp://purl.org/coar/access_right/c_abf2
dc.rights.licenseAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.sourcehttps://www.sciencedirect.com/science/article/abs/pii/S0957417423001094
dc.subject.ddc620 - Ingeniería y operaciones afines::629 - Otras ramas de la ingeniería
dc.subject.proposalInventory systemeng
dc.subject.proposalThree-layer supply chaineng
dc.subject.proposalProbabilistic demandeng
dc.subject.unescoInventories
dc.subject.unescoProbability theory
dc.subject.unescoSupply and demand
dc.titleVendor managed inventory system considering deteriorating items and probabilistic demand for a three-layer supply chaineng
dc.typeInforme de investigación
dc.type.coarhttp://purl.org/coar/resource_type/c_2df8fbb1
dc.type.coarversionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.contentText
dc.type.driverinfo:eu-repo/semantics/report
dc.type.redcolhttp://purl.org/redcol/resource_type/ART
dc.type.versioninfo:eu-repo/semantics/publishedVersion
dspace.entity.typePublication

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