{"title":"Study on optimisation of supply chain inventory management based on particle swarm optimisation","authors":"Shanyin Yao, Yehui Dong, Jiawei Gao, Minglei Song","doi":"10.1504/ijise.2023.134719","DOIUrl":null,"url":null,"abstract":"Aiming at the problems of poor convergence, high cost and low efficiency of traditional supply chain inventory management model, a supply chain inventory management optimisation method based on particle swarm optimisation (PSO) is proposed. Firstly, the whole process of PSO is described. Secondly, by introducing the inventory of different nodes in the supply chain, the optimal inventory management model meeting the requirements of the supply chain model is designed. Finally, the PSO algorithm is used to design the optimal inventory management model and generate the optimal inventory. The experimental results show that the total inventory cost of this model is only 3.682 million Yuan, which is much lower than other traditional models. It shows that the model can effectively reduce the inventory management cost of supply chain, has high convergence, and can reduce the work intensity of relevant personnel.","PeriodicalId":35142,"journal":{"name":"International Journal of Industrial and Systems Engineering","volume":"5 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Industrial and Systems Engineering","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/ijise.2023.134719","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Engineering","Score":null,"Total":0}
引用次数: 0
Abstract
Aiming at the problems of poor convergence, high cost and low efficiency of traditional supply chain inventory management model, a supply chain inventory management optimisation method based on particle swarm optimisation (PSO) is proposed. Firstly, the whole process of PSO is described. Secondly, by introducing the inventory of different nodes in the supply chain, the optimal inventory management model meeting the requirements of the supply chain model is designed. Finally, the PSO algorithm is used to design the optimal inventory management model and generate the optimal inventory. The experimental results show that the total inventory cost of this model is only 3.682 million Yuan, which is much lower than other traditional models. It shows that the model can effectively reduce the inventory management cost of supply chain, has high convergence, and can reduce the work intensity of relevant personnel.
期刊介绍:
In today"s global economy, the most successful engineering managers rely on a combination of technical skills and business principles. Industrial and systems engineering (ISE) aims at imparting fundamental knowledge to develop the ability to address complex industrial issues, emphasising on how to design, run, control and optimise production systems. The field of industrial engineering embraces a broad spectrum of technical activities including the classical techniques of work methods, production and facilities planning, quality control and safety. It also embraces the fields of human factors, operations research, manufacturing systems, and organisation and management systems.