Inventory routing problem with sustainability considerations - a case study from the petrochemical industry

Description

Carbon emissions from transport processes contribute to global warming to a large extent, therefore, possible ways of reducing their impact on environmental sustainability must be investigated. One way of doing so is through increased collaboration in a supply chain for example via Vendor-Managed Inventory, which has positive impacts on the efficiency of transportation. We propose an "environmentally extended" Inventory Routing Problem and apply it to a case study from the petrochemical industry. Consequently, we are able to show the benefits of VMI on the economic as well as on the environmental performance of the focal company.

Period	1 Jul 2012 → 5 Jul 2012
Event title	4th World Conference Production and Operations Management
Event type	Unknown
Degree of Recognition	International