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Inventory routing problem with stochastic demand and lead time: State of the art

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

The integration of the different processes that conform the supply chain (SC) is fundamental to obtain a better coordination level. The inventory control and its distribution, are the processes that researches have found as the key in the loss of efficiency and effectiveness in the field of logistics, affecting so the synchronization in the SC management. In order to analyze the recent developments in the integration of these processes, this paper analyzes the state of the art of the progress in information management in the SC, the relationship of inventory policies and the demand information, modeling demand and use of optimization methods in the search for the appropriate solutions.

Original languageEnglish
Title of host publicationInternational Joint Conference SOCO 2014 - CISIS 2014 - ICEUTE 2014, Proceedings
EditorsFanny Klett, Ajith Abraham, Álvaro Herrero, Bruno Baruque, André C.P.L.F. de Carvalho, Héctor Quintián, Emilio Corchado, Héctor Quintián, José Gaviria de la Puerta, Iván García Ferreira, Pablo García Bringas
PublisherSpringer Verlag
Pages73-82
Number of pages10
ISBN (Electronic)9783319079943
DOIs
StatePublished - 2014
Externally publishedYes
EventInternational Joint Conference on 9th International Conference on Soft Computing Models in Industrial and Environmental Applications, SOCO 2014 with 7th International Conference on Computational Intelligence in Security for Information Systems, CISIS 2014 and 5th International Conference on EUropean Transnational Education, ICEUTE 2014 - Bilbao, Spain
Duration: 25 Jun 201427 Jun 2014

Publication series

NameAdvances in Intelligent Systems and Computing
Volume299
ISSN (Print)2194-5357

Conference

ConferenceInternational Joint Conference on 9th International Conference on Soft Computing Models in Industrial and Environmental Applications, SOCO 2014 with 7th International Conference on Computational Intelligence in Security for Information Systems, CISIS 2014 and 5th International Conference on EUropean Transnational Education, ICEUTE 2014
Country/TerritorySpain
CityBilbao
Period25/06/1427/06/14

Keywords

  • Inventory policy
  • Inventory routing problem
  • Metaheuristics
  • Poisson distribution
  • Queuing theory
  • Stochastic demand
  • Stochastic lead time

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