Staff View: Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs

Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs

Supply chain is a systematic and strategic coordination of the traditional business function to across business function within supply chain for the purpose of improving the long-term performance of the business. The objective of the paper is to understand the saving concepts are used in operational...

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Main Authors:	Muhammad Khodri Harahap, Afif Zuhri, Abdul Rahim, Mohd Kamarul Irwan
Format:	Article
Language:	English
Published:	Human Resource Management Academic Research Society (HRMARS) 2023
Subjects:	HD28 Management. Industrial Management
Online Access:	https://repo.uum.edu.my/id/eprint/31952/1/IJARBSS%2013%2006%202023%20239-252.pdf https://repo.uum.edu.my/id/eprint/31952/ http://www.hrmars.com
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id	my.uum.repo.31952
record_format	eprints
spelling	my.uum.repo.319522025-01-23T13:34:27Z https://repo.uum.edu.my/id/eprint/31952/ Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs Muhammad Khodri Harahap, Afif Zuhri Abdul Rahim, Mohd Kamarul Irwan HD28 Management. Industrial Management Supply chain is a systematic and strategic coordination of the traditional business function to across business function within supply chain for the purpose of improving the long-term performance of the business. The objective of the paper is to understand the saving concepts are used in operational path to achieve optimization in term of cost saving. Business nowadays going towards to minimizing the operational in order to compete with others The purpose is to achieve the minimization in inventory routing problem (IRP) with cost minimization consists inventory and transportation costs focus on the single warehouse with multiple customers. The operational costs can be reduced by solving the inventory management and transportation process for vehicle to replenish the inventory. In this paper, a mathematical model was developed and simulated by using an optimization software package to achieve the optimization. The findings show that the optimization can be achieved by reducing the movement of the vehicle To conclude, the bigger the vehicle’s capacity, much capacity can add and less routes taken by the vehicle to supply the inventory to the customer Human Resource Management Academic Research Society (HRMARS) 2023 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/31952/1/IJARBSS%2013%2006%202023%20239-252.pdf Muhammad Khodri Harahap, Afif Zuhri and Abdul Rahim, Mohd Kamarul Irwan (2023) Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs. International Journal of Academic Research in Business and Social Sciences (IJARBSS), 13 (6). pp. 239-252. ISSN 2222-6990 http://www.hrmars.com
institution	Universiti Utara Malaysia
building	UUM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Utara Malaysia
content_source	UUM Institutional Repository
url_provider	http://repo.uum.edu.my/
language	English
topic	HD28 Management. Industrial Management
spellingShingle	HD28 Management. Industrial Management Muhammad Khodri Harahap, Afif Zuhri Abdul Rahim, Mohd Kamarul Irwan Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
description	Supply chain is a systematic and strategic coordination of the traditional business function to across business function within supply chain for the purpose of improving the long-term performance of the business. The objective of the paper is to understand the saving concepts are used in operational path to achieve optimization in term of cost saving. Business nowadays going towards to minimizing the operational in order to compete with others The purpose is to achieve the minimization in inventory routing problem (IRP) with cost minimization consists inventory and transportation costs focus on the single warehouse with multiple customers. The operational costs can be reduced by solving the inventory management and transportation process for vehicle to replenish the inventory. In this paper, a mathematical model was developed and simulated by using an optimization software package to achieve the optimization. The findings show that the optimization can be achieved by reducing the movement of the vehicle To conclude, the bigger the vehicle’s capacity, much capacity can add and less routes taken by the vehicle to supply the inventory to the customer
format	Article
author	Muhammad Khodri Harahap, Afif Zuhri Abdul Rahim, Mohd Kamarul Irwan
author_facet	Muhammad Khodri Harahap, Afif Zuhri Abdul Rahim, Mohd Kamarul Irwan
author_sort	Muhammad Khodri Harahap, Afif Zuhri
title	Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
title_short	Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
title_full	Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
title_fullStr	Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
title_full_unstemmed	Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs
title_sort	saving concepts in supply chain management: a study on inventory and transportation costs
publisher	Human Resource Management Academic Research Society (HRMARS)
publishDate	2023
url	https://repo.uum.edu.my/id/eprint/31952/1/IJARBSS%2013%2006%202023%20239-252.pdf https://repo.uum.edu.my/id/eprint/31952/ http://www.hrmars.com
_version_	1823096364285820928
score	13.235796

Saving Concepts in Supply Chain Management: A Study on Inventory and Transportation Costs

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