Coordination of replenishment activities

Coordination of replenishment activities

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Article ID: iaor1990944
Country: United Kingdom
Volume: 28
Issue: 6
Start Page Number: 1123
End Page Number: 1136
Publication Date: Jun 1990
Journal: International Journal of Production Research
Authors:
Keywords: inventory
Abstract:

Extensive research on the Economic Lot Scheduling Problem (ELSP), and on related topics, has produced powerful techniques originally designed to solve quite specific (coordinat−ion) problems. This paper emphasizes the omni-presence of coordination issues in multi-item inventories, characterizes them as problems of staggering and/or clustering replenishment activities or events, and shows how ELSP techniques combine to form a pertinent and fairly comprehensive methodology. A numerical example illustrates the use of one particularly powerful tool (powers of two) in stabilizing replenishment workloads.

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