TY - JOUR
T1 - Integrated inventory control and scheduling decision framework for packaging and products on a reusable transport item sharing platform
AU - Guo, Min
AU - Kong, Xiang T.R.
AU - Chan, Hing Kai
AU - Thadani, Dimple R.
N1 - Publisher Copyright:
© 2023 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2023
Y1 - 2023
N2 - This study considers the problem of inventory and scheduling decisions on a reusable transport item (RTI) sharing platform with the collaborative recovery of used RTIs and replenishment of products in a two-tier container management centre (CMC). The products (packaged as full RTIs) are pre-positioned at the regional CMC (R-CMC), and empty RTIs are stored at the CMC hub. Moreover, the CMC replenishes the products and recycles RTIs respectively and periodically. The RTI and products are a set of complementary products, and the replenishment task requires sufficient empty RTIs in stock. Untimely and insufficient RTI returns without considering product inventory changes often result in RTI out-of-stock situations that harm the customer's lean productivity. This paper proposes a machine learning and simulation optimisation (MSO) decision framework to collaboratively assist RTI inventory and scheduling decisions in a two-tier CMC. Based on a case study, we can conclude the decision framework has better performance on the profitability and inventory control capability. Moreover, different inventory and scheduling parameter settings in the two-tier CMCs impact the platform's profitability to derive corresponding management insights, and a decision system can be built based on the above framework.
AB - This study considers the problem of inventory and scheduling decisions on a reusable transport item (RTI) sharing platform with the collaborative recovery of used RTIs and replenishment of products in a two-tier container management centre (CMC). The products (packaged as full RTIs) are pre-positioned at the regional CMC (R-CMC), and empty RTIs are stored at the CMC hub. Moreover, the CMC replenishes the products and recycles RTIs respectively and periodically. The RTI and products are a set of complementary products, and the replenishment task requires sufficient empty RTIs in stock. Untimely and insufficient RTI returns without considering product inventory changes often result in RTI out-of-stock situations that harm the customer's lean productivity. This paper proposes a machine learning and simulation optimisation (MSO) decision framework to collaboratively assist RTI inventory and scheduling decisions in a two-tier CMC. Based on a case study, we can conclude the decision framework has better performance on the profitability and inventory control capability. Moreover, different inventory and scheduling parameter settings in the two-tier CMCs impact the platform's profitability to derive corresponding management insights, and a decision system can be built based on the above framework.
KW - decision support
KW - inventory control and scheduling
KW - RTI logistics system
KW - RTI replenishment and recycling
KW - RTI sharing platform
UR - http://www.scopus.com/inward/record.url?scp=85150745452&partnerID=8YFLogxK
U2 - 10.1080/00207543.2023.2187243
DO - 10.1080/00207543.2023.2187243
M3 - Article
AN - SCOPUS:85150745452
SN - 0020-7543
VL - 61
SP - 4575
EP - 4591
JO - International Journal of Production Research
JF - International Journal of Production Research
IS - 13
ER -