The value of integration in supply chain planning

Martin Philip Kidd, Maryam Darvish, Leandro C. Coelho

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    Abstract

    As supply chains become more complex and globalized, logistic efficiency is essential for a firm to maintain its competitive strategy. It is well known that a lack of coordination and information sharing among facilities with conflicting objectives is a major cause of large logistic inefficiencies in a supply chain. Therefore, the literature emphasizes that a shift from the traditional approach of localized planning to a global, integrated solution is one way in which systemwide costs can be greatly reduced (Darvish et al., 2016; Guastaroba et al., 2017). Subsequently, a large body of research exists on integrated optimization problems in logistics and supply chain management (e.g. Coelho et al. (2014); Schmid et al. (2013)), and Table 1 summarizes some of the well-known problems that integrate up to three decisions of production, inventory, distribution and facility location.
    Original languageEnglish
    Publication date2018
    Publication statusPublished - 2018
    EventROUTE 2018: International Workshop on Vehicle Routing, Intermodal Transportation and Related Areas - Comwell Borupgaard, Snekkersten, Denmark
    Duration: 27 May 201830 May 2018
    http://www.route2018.man.dtu.dk/

    Workshop

    WorkshopROUTE 2018
    LocationComwell Borupgaard
    Country/TerritoryDenmark
    CitySnekkersten
    Period27/05/201830/05/2018
    Internet address

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