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Digital Library of the
European Council for Modelling and Simulation |
Title: |
The Value Of Integration In Logistics |
Authors: |
Claudia Archetti, M. Grazia Speranza |
Published in: |
(2014).ECMS 2014 Proceedings edited
by: Flaminio Squazzoni,
Fabio Baronio, Claudia Archetti,
Marco Castellani European Council for
Modeling and Simulation. doi:10.7148/2014 ISBN:
978-0-9564944-8-1 28th
European Conference on Modelling and Simulation, Brescia,
Italy, May 27th – 30th,
2014 |
Citation
format: |
Claudia
Archetti, M. Grazia Speranza (2014).
The Value Of Integration In Logistics,
ECMS 2014 Proceedings edited by: Flaminio Squazzoni, Fabio Baronio,
Claudia Archetti, Marco Castellani European
Council for Modeling and Simulation. doi:10.7148/2014-0691 |
DOI: |
http://dx.doi.org/10.7148/2014-0691 |
Abstract: |
Many logistic problems
arising in supply chain management, distribution and inventory management
call for the integration of different components of the production/ distribution
system which have to be coordinated in such a way
that a common objective, which can be the cost minimization or the revenue
maximization, is optimized. Thus, in order to find the best management
policy, one should be able to tackle the problem as a whole and to find an
integrated policy that is aimed at optimizing the system behavior. However, known
practices as well as the scientific literature have shown a major attitude in
proposing strategies that are aimed at decomposing the system in parts and then
proposing optimal policies for each single part. This clearly leads to a
strategy that is far from being optimal for the global system. The aim of
this work is to focus on the advantages that integrated policies can provide
when used to handle production, inventory and distribution problems. We will
present some cases that are mainly dealing with distribution problems and show
the strategies proposed in the literature. We will also present a study on a
distribution system where the inventory and the distribution costs have to be
minimized. |
Full
text: |