Performance analysis of inventory management polices in a supplier hub

Abstract

Summary form only given, as follows. This work develops a simulation model to analyze the performance of various inventory management policies in a supplier hub scenario. Four suppliers are considered in the model supplying to the end customer, through the supplier hub following different inventory management policies with the supplier hub. The model aims at optimizing the inventory levels at both supplier and supplier hub ends and at the same time increases the operating efficiency and service levels.