Transshipment and rebalancing policies for library books

Heide, G. Van der; Roodbergen, Kees Jan

doi:10.1016/j.ejor.2013.02.008

Cited by 14 publications

(8 citation statements)

References 19 publications

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“…Proactive transshipment takes place at fixed points in time before observing the demand and periodically rebalances the whole system's stock levels. For example, Van der Heide and Roodbergen [19] addressed the problem of transshipping and rebalancing books in libraries. ey presented a stochastic dynamic programming formulation and heuristic algorithm.…”

Section: Related Literaturementioning

confidence: 99%

Transshipment Vehicle Routing with Pickup and Delivery for Cross-Filling

Rim

2021

Mathematical Problems in Engineering

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Distribution centers (DCs) typically receive orders from the customers (mostly retail stores) located in their vicinity and deliver the ordered goods the next day morning. To maintain high item fill rate, DCs have to hold a high level of inventory, which will increase inventory cost. As an alternative, cross-filling is that, after closing the daily order receipt, DCs exchange surplus items during the night to reduce the shortage. The economic justification of such cross-filling will depend on the tradeoff between extra transshipment and handling cost versus saved shortage cost. In this paper, as an extension of Rim and Jiang, 2019, vehicles are allowed to drop and pick up items at the intermediate DCs in the route. We present a genetic algorithm to determine the routes and amount to pick up/drop at each DC to minimize the total cost.

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Section: Related Literaturementioning

confidence: 99%

Transshipment Vehicle Routing with Pickup and Delivery for Cross-Filling

Rim

2021

Mathematical Problems in Engineering

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“…However, it is not possible to dynamically reposition inventory based on the system state. Most related to our work is Van der Heide et al (2017) , who study a library system making use of delayed shipments. The authors numerically investigate optimal decisions for shipments and take-backs by solving MDPs.…”

Section: Literaturementioning

confidence: 99%

“…• A rule to determine how much stock to take back from each location to the depot. Van der Heide et al (2017) propose various effective rules for shipments and take-backs, which we adapt here to tackle the situation with cross docking. The rules for selecting locations in Van der Heide et al (2017) are based on an extensive numerical study of the optimal solution of the MDP in small instances.…”

Section: Heuristicmentioning

confidence: 99%

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Cross docking for libraries with a depot

Heide

Roodbergen

Foreest

2021

European Journal of Operational Research

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“…Tiacci and Saetta [7] considered the transshipment strategy based on inventory availability and the transshipment strategy based on inventory equalization, and found that both transshipment strategies were more effective than the non-lateral transshipment strategy under certain conditions. Van der Heide and Roodbergen [8] studied optimal transshipment and rebalancing strategies for library books. Glazebrook et al [9] proposed a hybrid transshipment strategy which exploited economies of scale by moving excess inventory between traditional retail channels to prevent future stock-out in addition to meeting immediate stock-out.…”

Section: Literature Reviewmentioning

confidence: 99%

Cooperative Inventory Strategy in a Dual-Channel Supply Chain with Transshipment Consideration

Yang¹,

Zhang²,

Zhang³

2016

Int. j. simul. model.

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Aimed at the possibility of stock-out of the traditional retail channel under stochastic demand in a dual-channel supply chain, we propose a cooperative inventory strategy, in which the excess demand of the traditional retail channel is complemented by the excess inventory of the manufacturer's direct channel through transshipment. We establish a newsboy model to analyse each supply chain member's order quantity decision making process, and prove the unique existence of pure-strategy Nash equilibrium under the uncooperative inventory strategy and the cooperative inventory strategy. We go on to discuss the impacts of the wholesale price, the channel substitution rate and the transshipment cost on optimal order quantities under each inventory strategy. Numerical simulation shows that when values of the wholesale price and the transshipment price satisfy certain conditions, the cooperative inventory strategy can not only lead to an increased supply chain profit but also achieve Pareto improvements of both the manufacturer and the retailer.

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Transshipment and rebalancing policies for library books

Cited by 14 publications

References 19 publications

Transshipment Vehicle Routing with Pickup and Delivery for Cross-Filling

Transshipment Vehicle Routing with Pickup and Delivery for Cross-Filling

Cross docking for libraries with a depot

Cooperative Inventory Strategy in a Dual-Channel Supply Chain with Transshipment Consideration

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