Title
A fuzzy echelon approach for inventory management in supply chains
Abstract
This paper presents a methodology to define a supply chain (SC) inventory management policy, which is based on the concept of echelon stock and fuzzy set theory. In particular, the echelon stock concept is adopted to manage the SC inventory in an integrated manner, whereas fuzzy set theory is used to properly model the uncertainty associated with both market demand and inventory costs (e.g. holding and backorder costs). The methodology is applied on a three stage SC so as to show the ease of implementation. Finally, by adopting simulation, the performance of the three stage SC is assessed and shown to be superior to that, which the adoption of a local inventory management policy would guarantee.
Year
DOI
Venue
2003
10.1016/S0377-2217(02)00441-1
European Journal of Operational Research
Keywords
Field
DocType
Supply chain management,Inventory policies,Echelon stock,Fuzzy set theory
Inventory theory,Perpetual inventory,Fuzzy logic,Fuzzy set,Supply chain management,Supply chain,Supply and demand,Operations management,Mathematics
Journal
Volume
Issue
ISSN
149
1
0377-2217
Citations 
PageRank 
References 
56
3.82
9
Authors
3
Name
Order
Citations
PageRank
Ilaria Giannoccaro19710.37
Pierpaolo Pontrandolfo2776.82
Barbara Scozzi323315.85