Fuzzy-logic-based decision-making system for stock allocation in a distribution supply chain

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    Abstract

    Stock allocation in a distribution supply chain (DSC) means that the warehouse has to determine quantities of the available stock to be delivered to each retailer. Different allocation rules have been developed with various aims. In this paper, a new fuzzy-logic-based decision-making system for stock allocation (DMS_SA) is presented, and the objective is to achieve the target DSC fill rate whilst incurring an acceptable total holding cost, or to achieve the target holding cost whilst with a certain level of fill rate. It is shown how DMS_SA can be extended to be applied to a multi-echelon DSC.
    Original languageEnglish
    Pages (from-to)27-42
    JournalIntelligent Systems in Accounting, Finance and Management
    Volume14
    Issue number1-2
    DOIs
    Publication statusPublished - 2006

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    Supply chain
    Decision making
    Fuzzy logic
    Costs
    Allocation rules
    Warehouse
    Multi-echelon
    Retailers

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    Cite this

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    title = "Fuzzy-logic-based decision-making system for stock allocation in a distribution supply chain",
    abstract = "Stock allocation in a distribution supply chain (DSC) means that the warehouse has to determine quantities of the available stock to be delivered to each retailer. Different allocation rules have been developed with various aims. In this paper, a new fuzzy-logic-based decision-making system for stock allocation (DMS_SA) is presented, and the objective is to achieve the target DSC fill rate whilst incurring an acceptable total holding cost, or to achieve the target holding cost whilst with a certain level of fill rate. It is shown how DMS_SA can be extended to be applied to a multi-echelon DSC.",
    author = "Ying Xie and Dobrila Petrovic",
    note = "This paper is not available on the repository",
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