• MOHAMMED SARFARAZ AHMED
• DR. K. VENKATA SUBBAIAH
• K. CHAITANYA PRANAVI
• R. GAYTRI DEVI

In today’s competitive environment, supply chain management is a major concern for a company. Two of the key issues in supply chain management and inventory management are transportation and inventory management. To achieve significant savings, companies should integrate these two issues instead of treating them separately. This work considers the problem of selecting the appropriate distribution strategy for delivering a family of products from a set of suppliers to a set of plants so that the total transportation, pipeline inventory, and plant inventory costs are minimized. With reasonable assumptions, a simple model is presented to provide a good solutions that can serve as a guideline for the design and implementation of the distribution network. Due to the plant inventory cost, the problem is formulated as a nonlinear integer programming problem. The problem is difficult to solve because the objective function is highly nonlinear and neither convex nor concave thus a greedy heuristic is proposed to find an initial solution an upper bound. A heuristic and a branch-and-bound algorithm are developed based on the lagrangian relaxation of the nonlinear program and computational experiments are performed. Based on the results the transportation and inventory cost are minimized by considering capacities of forms and distribution strategies

Supply Chain Management, Inventory Costs, Non Linear Integer Programming, Greedy Heuristic

"MINIMIZATION OF TRANSPORTATION AND INVENTORY COST IN LOGISTIC PLANNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.949-959, June 2019, Available :http://www.jetir.org/papers/JETIR1908297.pdf

"MINIMIZATION OF TRANSPORTATION AND INVENTORY COST IN LOGISTIC PLANNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp949-959, June 2019, Available at : http://www.jetir.org/papers/JETIR1908297.pdf