Inventory and Commitment Decisions for On-Demand Warehousing System - Artificial Intelligence for Sustainable and Resilient Production Systems PART IV, IFIP WG 5.7 International Conference, APMS 2021
Conference Papers Year : 2021

Inventory and Commitment Decisions for On-Demand Warehousing System

Abstract

The on-demand warehousing system is a service that makes a connection between e-commerce sellers and warehouse providers who have excess capacity for sharing warehouse spaces. The e-commerce sellers can create a distribution network strategy and manage the varying demands of customers by utilizing this system. In this study, we focused on inventory and commitment decisions that impacted the use of shared warehouses from the standpoint of e-commerce sellers. We proposed a mathematical model, which incorporated inventory and commitment decisions to maximize total profits. A small-scale experiment was conducted, and the result showed that the commitment decisions could affect total profits of e-commerce sellers considerably.
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hal-04030377 , version 1 (15-03-2023)

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Junhyeok Lee, Junseok Park, Ilkyeong Moon. Inventory and Commitment Decisions for On-Demand Warehousing System. IFIP International Conference on Advances in Production Management Systems (APMS), Sep 2021, Nantes, France. pp.455-463, ⟨10.1007/978-3-030-85874-2_48⟩. ⟨hal-04030377⟩
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