Invited Review: Industrial aspects and literature survey: Combined inventory management and routing

  • Authors:

  • Henrik Andersson;Arild Hoff;Marielle Christiansen;Geir Hasle;Arne Løkketangen

  • Affiliations:

  • Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, NO-7491 Trondheim, Norway;Molde University College, P.O. Box 2110, NO-6402 Molde, Norway;Department of Industrial Economics and Technology Management, Norwegian University of Science and Technology, NO-7491 Trondheim, Norway;SINTEF ICT, Department of Applied Mathematics, P.O. Box 124, Blindern, NO-0314 Oslo, Norway;Molde University College, P.O. Box 2110, NO-6402 Molde, Norway

  • Venue:
  • Computers and Operations Research
  • Year:
  • 2010

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Abstract

This paper describes industrial aspects of combined inventory management and routing in maritime and road-based transportation, and gives a classification and comprehensive literature review of the current state of the research. The literature is contrasted with aspects of industrial applications from a constructive, but critical, viewpoint. Based on the status and trends within the field, future research is suggested with regard to both further development of the research area and industrial needs. By highlighting the industrial aspects, practitioners will hopefully see the benefit of using advanced decision support systems in complex situations related to combined inventory management and routing in their business. In addition, a classification and presentation of the research should help and motivate researchers to further focus on inventory management and routing challenges.