The floating stock policy in fast moving consumer goods supply chains

Morteza Pourakbar; Andrei Sleptchenko; Rommert Dekker

doi:10.1016/j.tre.2008.06.001

The floating stock policy in fast moving consumer goods supply chains

Morteza Pourakbar, Andrei Sleptchenko, Rommert Dekker

Management Science & Engineering

Erasmus University Rotterdam

Research output: Contribution to journal › Article › peer-review

17 Scopus citations

Abstract

The floating stock distribution concept exploits intermodal transport to deploy inventories in a supply chain in advance of retailer demand. In this way response times are reduced and storage costs can be reduced as well by having products in the pipeline. In this paper we present two mathematical models to analyse this policy with backlogging allowed. The first one tries to optimize the advanced shipping time of containers to intermodal terminal, and the second optimizes the total number of containers in pipeline and terminal. A comparison is made with the simulation outcomes of applying previously developed strategies, which shows that this concept has advantages in inventories over other strategies.

Original language	British English
Pages (from-to)	39-49
Number of pages	11
Journal	Transportation Research Part E: Logistics and Transportation Review
Volume	45
Issue number	1
DOIs	https://doi.org/10.1016/j.tre.2008.06.001
State	Published - Jan 2009

Keywords

Floating stock
Intermodal transport
Inventories
Supply chain
Virtual warehousing

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10.1016/j.tre.2008.06.001

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KW - Intermodal transport

KW - Inventories

KW - Supply chain

KW - Virtual warehousing

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The floating stock policy in fast moving consumer goods supply chains

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Keywords

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