International Journal of Supply Chain Management
Vol 9, No 6 (2020): International Journal of Supply Chain Management (IJSCM)

The Supply Chain Integrated Inventory Model for Single Product, Multi-Buyer and Multi-Vendor

Kinley Aritonang (Department of Industrial Engineering, Universitas Katolik Parahyangan, Indonesia)
Cynthia Prithadevi Juwono (Department of Industrial Engineering, Universitas Katolik Parahyangan, Indonesia)
Cherish Rikardo (Department of Industrial Engineering, Universitas Katolik Parahyangan, Indonesia)
Fran Setiawan (Department of Industrial Engineering, Universitas Katolik Parahyangan, Indonesia)
Adrianus Vincent Djunaidi (Department of Industrial Engineering, Universitas Katolik Parahyangan, Indonesia)

Article Info

Publish Date
30 Dec 2020

Abstract

This paper presents an extended integrated inventory model with multi vendors that produce one item product and supply it to multi buyers. It is assumed that vendor production rates are not equal and the demands of buyers assumed to be normally distributed and independent. The model formulation was made for each buyer and vendor. Then, each cost component from the buyer and vendor is combined to form the total inventory costs. This model uses the service level as constraint. The final mathematical model consists of formulations of the total inventory costs and with certain service level.

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Journal Info
International Journal of Supply Chain Management
Website

Abbrev

IJSCM

Publisher

ExcelingTech

Subject

Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Transportation

Description

International Journal of Supply Chain Management (IJSCM) is a peer-reviewed indexed journal, ISSN: 2050-7399 (Online), 2051-3771 (Print), that publishes original, high quality, supply chain management empirical research that will have a significant impact on SCM theory and practice. Manuscripts ...