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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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In this study, we examine replenishment coordination strategies for multiple location inventory systems. In particular, we study a stochastic joint replenishment policy class for a two-echelon divergent inventory system. Starting with the single location model which represents a two-echelon supply chain for a single item with multiple locations, where the upper echelon employs cross docking, we extend our model to incorporate multi-location settings where the upper echelon also holds inventory. Our modeling methodology based on the development of the ordering process by the lower echelon provides an analytical tool to investigate various joint replenishment policies. An extensive numerical study is conducted to determine the performance of the system and identify regions of dominance across policies. Our findings have implications for design and management of supply chains.
Pizza lunch sponsored by The Logistics Institute.
