This case captures inventory management process in an Indian convenience store. Unlike retail stores in developed countries, Indian convenience stores are a special format of organized retailing, where retailers open multiple smaller stores in a town instead of one big centralised store. An excellent inventory management process is the key to make such stores perform well. This case describes i...

Abstract: Inventory control systems development is one of the most appealing issues of the supply chain management which have recently been studied by academicians and practitioners. In this paper, an inventory management framework and deterministic cost models within the context of this framework are structured for effective supply chain (SC) in an agile environment. To do so, we propose a thr...

This paper develops a stochastic general equilibrium inventory model for an oligopoly, in which all inventory constraint parameters are endogenously determined. We propose several systems of demand processes whose distributions are functions of all retailers’ prices and all retailers’ service levels. We proceed with the investigation of the equilibrium behavior of infinite horizon models for in...

In this paper, we study an inventory model for omnichannel retailer, that is, a retailer sells items both via brick-and-mortar stores and online. Online are delivered from warehouse, which also replenishes the stores. When in store drops below certain level, offers customers discount purchasing way, can save who need item immediately thus avoid lost sales. For model, propose approximation metho...

vendor managed inventory is a continuous replenishment program that is designed to provide major cost saving benefits for both vendors and retailers. previous research on this area mainly included single objective optimization models where the objective is to minimize the total supply chain costs or to maximize the total supply chain benefits. this paper presents a bi-objective mathematical mod...

The inventories carried in a supply chain as strategic tool to influence the competing firms are considered be (SI). We present two-period game-theoretic model, which singular manufacturer supplies products pair of identical Cournot duopolistic retailers. show that SI by retailers under dynamic contract is Pareto-dominating for manufacturer, retailers, consumers, channel, and society well. also...

In this work we introduce a green inventory routing problem termed the Stochastic Inventory Routing Problem on Electric Roads (S-IRP-ER), in which hybrid vehicle navigates road network with charging opportunities some sections, to cover non-stationary stochastic demand of single product for set retailers network. We model using isochrone graphs represent real an graph nodes are located such tha...

Inventory control is one of the most important issues in supply chain management. In this paper, a three-echelon production, distribution, inventory system composed of one producer, a set of wholesalers and retailers is considered. Costumers' demands can be approximated by a normal distribution and the inventory policy is a kind of continuous review (R, Q). In this paper, a model based on stand...

Members of supply chain carry inventory for different purposes. To effectively reduce the cost of inventory, information sharing mechanism is the key. The inventory can be managed in two ways in supply chain systems. The first one is the centralized inventory management system, in which, the information of inventory is highly exchanged among supply chain members. The other is the decentralized ...