DocumentCode
2829780
Title
Notice of Retraction
Replenishment policy for supply hub based on third-party logistics
Author
Wang Zhengguo ; Zhu Benfei ; Yang ying
Author_Institution
Sch. of Logistics Eng., Wuhan Univ. of Technol., Wuhan, China
Volume
4
fYear
2010
fDate
22-24 Oct. 2010
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper analyzed the advantage of operation mode of supply hub based on third-party logistics, discussed the traditional replenishment mode and the milk-run replenishment mode of supply hub. By introducing the inventory penalty cost in the model, two total cost optimization models of supply chain system for two different replenishment modes were established. The numerical study shows that collaborative replenishment under supply-hub mode can get optimal replenishment times of all suppliers and reduce the total cost of supply chain. Under the same conditions, milk-run replenishment model can larger decrease the total cost of the supply chain comparing with traditional replenishment model for supply hub. The overall inventory levels of supply chain declined significantly after the introduction of penalty cost function under two different replenishment modes.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
This paper analyzed the advantage of operation mode of supply hub based on third-party logistics, discussed the traditional replenishment mode and the milk-run replenishment mode of supply hub. By introducing the inventory penalty cost in the model, two total cost optimization models of supply chain system for two different replenishment modes were established. The numerical study shows that collaborative replenishment under supply-hub mode can get optimal replenishment times of all suppliers and reduce the total cost of supply chain. Under the same conditions, milk-run replenishment model can larger decrease the total cost of the supply chain comparing with traditional replenishment model for supply hub. The overall inventory levels of supply chain declined significantly after the introduction of penalty cost function under two different replenishment modes.
Keywords
costing; inventory management; supply chains; collaborative replenishment; cost optimization model; inventory penalty cost; milk run replenishment mode; replenishment policy; supply chain system; supply hub; third party logistics; Biological system modeling; Computational modeling; Silicon; Milk-run; Third Party Logistics; replenishment policy; supply hub;
fLanguage
English
Publisher
ieee
Conference_Titel
Computer Application and System Modeling (ICCASM), 2010 International Conference on
Conference_Location
Taiyuan
Print_ISBN
978-1-4244-7235-2
Type
conf
DOI
10.1109/ICCASM.2010.5620163
Filename
5620163
Link To Document