Work

Coordinating and Optimizing Two-warehouse Inventory Systems: a Mathematical Programming Approach

Year: 2025

Type: article

Abstract: Effective supplier and carrier selection plays a pivotal role in supply chain management, ensuring maximum profitability. This study introduces an innovative decision-support system designed for supplier and carrier selection problems in static two-warehouse inventory systems. The model assumes warehouse collaboration, where warehouses consolidate efforts to fulfill overall demand. To address this, a mathematical programming approach is developed and solved using the LINGO 21.0 optimization software. Experimental results reveal that the proposed model delivers optimal decisions. Even though challenges are still available on the constraint functions and the derivation of parameters' values, the results provide positive managerial insights that offer valuable tools for stakeholders to improve supply chain efficiency.

Source: Journal of Fundamental Mathematics and Applications (JFMA)

DOI: 10.14710/jfma.v8i1.25758

Authors: Sutrisno Sutrisno, Widowati Widowati, Moh. Ivan Azis, Dipo Aldila

Institutions: Diponegoro University, Hasanuddin University, University of Indonesia

Language: English

Topic: Supply Chain and Inventory Management

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

Funders: Universitas Diponegoro, Universitas Indonesia, Universitas Hasanuddin