This study investigated supply chain management practices in the retail grocery industry from two perspectives. First, the operational performance objectives were examined by developing and testing a periodic review, joint replenishment model and heuristic. Joint replenishment policies, designed to coordinate the ordering of multiple items, can reduce inventory costs by synchronizing transportation and replenishment decisions (Cetinkaya and Lee, 2000). A fully specified model was developed taking into account the cost disadvantage of over-declared shipments. Based on the performance of the Full model, a Truck heuristic was proposed to fill a truck with each order. By varying the model parameters, the study demonstrated the large impact transportation costs…
Author: Donovan, Pamela S.
Source: University of Maryland
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