Inventory and investment in setup operations under return on investment maximization
Computers and Operations Research
Study on multi-stage logistic chain network: a spanning tree-based genetic algorithm approach
Computers and Industrial Engineering - Supply chain management
An optimal batch size for a JIT manufacturing system
Computers and Industrial Engineering - 26th International conference on computers and industrial engineering
A hybrid approach to supplier selection for the maintenance of a competitive supply chain
Expert Systems with Applications: An International Journal
The inventory management system for automobile spare parts in a central warehouse
Expert Systems with Applications: An International Journal
Multi-agent framework for third party logistics in E-commerce
Expert Systems with Applications: An International Journal
| Hi-index | 12.05 |
The integration of the Just-In-Time (JIT) system with supply chain management has been attracting more and more attention recently. Within the processes of the JIT system, the upstream manufacturer is required to deliver products using smaller delivery lot sizes, at a higher delivery frequency. For the upstream manufacturer who adopts sea transportation to deliver products, a collaborative third party logistics (3PL) can act as an interface between the upstream manufacturer and the downstream partner so that the products can be delivered globally at a lower cost to meet the JIT needs of the downstream partner. In this study, a quantitative JIT cost model associated with the application of third party logistics is developed to investigate the optimal production lot size and delivery lot size at the minimum total cost. Finally, a Taiwanese optical drive manufacturer is used as an illustrative case study to demonstrate the feasibility and rationality of the model.