On an industrial strategy for stock management in Supply Chains: modelling and performance evaluation

An analytic formulation of consignment stock (CS) policy has been proposed in Braglia and Zavanella (2003, International Journal of Production Research, 41, 3793) where an implicit analytical solution is given. In this note it is shown that this solution has properties that enable it to be developed into a completely explicit form, allowing for a joint optimization of all decision variables governing the delivery management.