YUNOVA · Supply Chain & Operations
Module 12: Advanced inventory and logistics
Multi-echelon inventory optimisation
Key points
- A multi-echelon network has stock at several levels, such as plant, warehouse and store.
- Optimisation sets stock levels across all levels together.
- It can cut total inventory while keeping the service level.
Vehicle routing and transport optimisation
Key points
- The vehicle routing problem finds the best routes for a fleet.
- Constraints include vehicle capacity, time windows and distance.
- Routing software uses heuristics to find good routes quickly.
Cross-docking and distribution centres
Key points
- Cross-docking moves goods from inbound to outbound trucks with little storage.
- It cuts storage and handling time.
- It needs accurate timing and coordination with suppliers.
Reverse logistics
Key points
- Reverse logistics handles returns, repairs, recycling and disposal.
- Clear return policies and processes reduce cost.
- Returned goods can be resold, refurbished or recycled.