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Article


Title

The consignment stock of inventories under buyer's warehouse space limitation

Authors

[ 1 ] Instytut Zarządzania, Wydział Zarządzania i Dowodzenia, Akademia Sztuki Wojennej | [ P ] employee

Scientific discipline (Law 2.0)

[5.6] Management and quality studies

Year of publication

2020

Published in

International Journal of Production Research

Journal year: 2020 | Journal volume: t. 58 | Journal number: nr 3

Article type

scientific article

Publication language

english

Keywords
EN
  • Distribution network
  • Inventory management
  • Supply chain
PL
  • Łańcuch dostaw
  • Magazynowanie
  • Zaopatrzenie przedsiębiorstwa
  • Zarządzanie zapasami
Abstract

EN In this paper, coordination between a single vendor (or manufacturer) and a buyer (or retailer) via the delivery schedule in a production and distribution system is presented. A continuous deterministic model with centralised decision process is developed. To satisfy the buyer's demands, the product is delivered in discrete batches from the vendor's stock to the buyer's stock subject to consignee's warehouse space capacity constraint. A more general type of consignment stock (CS) policies is analysed. The inventory patterns and the cost structure of production distribution cycles (PDC) are described under the constraint – when the ratio α of the sizes of delayed to just in time (JIT) for the vendor deliveries is given. Also, an analysis how an upper buyer's warehouse space limit can act as a key factor for implementing the generalised CS-policies successfully. Numerical examples are presented to illustrate the performance of model and the results. A comparative study of the results shows that the generalised CS-policies performs better.

Date of online publication

23.04.2019

Pages (from - to)

912 - 930

DOI

10.1080/00207543.2019.1605223

URL

https://www.tandfonline.com/doi/full/10.1080/00207543.2019.1605223

Points of MNiSW / journal

100.0

Points of MNiSW / journal in years 2017-2021

100.0

Impact Factor

8.568

Publication indexed in

WoS