Development and Implementation of an Integrated Inventory Management Program at Pfizer Pharmaceuticals

1985 ◽  
Vol 15 (1) ◽  
pp. 69-87 ◽  
Author(s):  
P. P. Kleutghen ◽  
J. C McGee
Keyword(s):  
Inventory Management ◽  
Management Program ◽  
Integrated Inventory

277. EH&S Inventory Management Program on the Web

2002 ◽  
Author(s):  
W. Jancuk ◽  
D. Nargis ◽  
R. Collipi
Keyword(s):  
Inventory Management ◽  
Management Program ◽  
The Web

The Integrated Inventory Management with Forecast System

2014 ◽  
Vol 3 (1) ◽  
pp. 50
Author(s):  
Noor-Ajian Mohd-Lair ◽  
Chin-Chong Ng ◽  
Abdullah Mohd-Tahir ◽  
Rachel Fran Mansa ◽  
Kenneth Teo Tze Kin
Keyword(s):  
Inventory Management ◽  
Forecast System ◽  
Integrated Inventory

scholarly journals Integrated Inventory Model for Single Vendor Multi-Buyer with a Single Item by Considering Warehouse and Capital Constraint

2021 ◽  
Vol 22 (1) ◽  
pp. 71-84
Author(s):  
Agustiandi Agustiandi ◽  
Yoon Mac Kinley Aritonang ◽  
Cherish Rikardo
Keyword(s):  
Inventory Management ◽  
Service Level ◽  
Inventory Model ◽  
Lot Size ◽  
Expected Cost ◽  
Integrated Inventory Model ◽  
Integrated Inventory ◽  
Replenishment Policy ◽  
Holding Cost ◽  
Set Up

Integrated inventory management coordinates all party's replenishment policies to provide optimal benefits. Many models have been developed, but none of them have considered capital and warehouse constraints comprehensively. It may cause the model which cannot be applied, since it has exceeded the capacity. This study developed an integrated inventory model that consisted of one vendor, multi-buyer, and one type of item. The main objective was to minimize the joint total expected cost by considering warehouse, capital, and service level constraint. The optimal formula was constructed by using the Lagrange multipliers method.  The results showed that with an increment in holding cost, the vendor tends to reduce lot size to minimize joint total expected cost. It is vice versa to the increment in set up cost. An increment in buyer service level can increase lot size and reduce order frequency. The buyer capacity is essential to determine its capability to apply the optimal replenishment policy.

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