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Minimization of the operational costs, flexibility of the labor force and efficiency of all processes are increasingly important issues for every warehouse. Of all processes, order picking is recognized to be the most costly activity and therefore tends to get the most attention. Key objectives in designing an order picking operation include increases in productivity, reduction of cycle time, and...
Option contract with two parameters is studied in a supply chain with a supplier and a retailer. The coordination mechanisms under symmetric information and asymmetric information are investigated respectively. With the symmetric information, the leader retailer can get the channel coordination by setting appropriate contract parameters. Under asymmetric information, we analyze how the supply chain...
Logistics finance of supply chain system has the openness feature with nonlinear and complexity. The financing effect of supply chain system's logistics/commercial banks can enhance its effectiveness and gain the appreciation of capital flow and the maximization of system's financing amount. The logistics financing amount of supply chain system is the nonlinear integration of each fractal unit's financing...
In the process of order fulfillment in build-to-order supply chain (BOSC), one of the most important problems in the corporations is how to improve the cost-effectiveness of BOSC while increase of customer satisfaction is achieved. Meanwhile, the explosion of e-business, especially the Internet-enabled supply chain mode, makes it more cost-effective for manufacturer and customers to interact with...
In a two-echelon supply chain system with one retailer and one manufacturer, the mathematical model of retailer's inventory level and operation cost by sharing the manufacturer 's supply capacity information on time is constructed when the market demand refers to AR(1) model. Based on the order-up-to S level policy, without sharing supplier's capacity information and with sharing supplier's capacity...
This paper analyzes the current situation of our country's building industry, in view of the problems surrounding the building industry, the building industry needs new management method. This paper introduces supply chain and core competitive power, expounding on the significance of supply chain and core competitive power. In order to make a greater contribution to the development of Chinese building...
In this paper, we first describe a multi-objective supply chain model and the optimization problem in Supply Chain Management (SCM), which includes measurements of cost, customer service fill rates and delivery flexibility. This model incorporates production and delivery. Then, we present an Ant Colony Optimization (ACO) application to the solution of some multi-objective optimization problems. We...
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