Optimizing Logistics: A Data Driven Approach for Company Z’s Vehicle Routing Problem

Abstract: The Vehicle Routing Problem(VRP) remains a pivotal challenge in logistics optimization, particularly for industries requiring efficient routing solutions. This research addresses the VRP within the context of Company Z , a key player in the manufacturing and automotive sector, aiming to enhance its supply chain efficiency. By leveraging advanced data science techniques and optimization algorithms, specifically the Teaching-Learning-Based Optimization (TLBO) algorithm, we develop a robust framework to minimize travel time and operational costs. The proposed approach integrates real-world data to inform route planning and validate algorithmic performance. This study not only provides actionable insights for logistical improvements but also visually represents the optimized routes, thereby demonstrating the practical applicability and benefits of the developed solutions. The results indicate significant improvements in route efficiency and resource allocation, underscoring the potential of data-driven methods in solving complex logistical problems.

Authors

Publication Details

Journal
International Journal for Research in Applied Science and Engineering Technology
Published
2024-11-27
DOI
https://doi.org/10.22214/ijraset.2024.65506
Primary Topic
Vehicle Routing Optimization Methods
Type
article
Field-Weighted Citation Impact
0.00
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article

Optimizing Logistics: A Data Driven Approach for Company Z’s Vehicle Routing Problem

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International Journal for Research in Applied Science and Engineering Technology
Vehicle Routing Optimization Methods
article

Optimizing Logistics: A Data Driven Approach for Company Z’s Vehicle Routing Problem

Rajesh Dhake, Varun Sahu, Tanishka Pimple, Kedar Vartak, Tejas Sarade, Tanushree Kanade
article en

Abstract

Abstract: The Vehicle Routing Problem(VRP) remains a pivotal challenge in logistics optimization, particularly for industries requiring efficient routing solutions. This research addresses the VRP within the context of Company Z , a key player in the manufacturing and automotive sector, aiming to enhance its supply chain efficiency. By leveraging advanced data science techniques and optimization algorithms, specifically the Teaching-Learning-Based Optimization (TLBO) algorithm, we develop a robust framework to minimize travel time and operational costs. The proposed approach integrates real-world data to inform route planning and validate algorithmic performance. This study not only provides actionable insights for logistical improvements but also visually represents the optimized routes, thereby demonstrating the practical applicability and benefits of the developed solutions. The results indicate significant improvements in route efficiency and resource allocation, underscoring the potential of data-driven methods in solving complex logistical problems.

International Journal for Research in Applied Science and Engineering TechnologyVol. 12(11)
Industry, innovation and infrastructure
Openalex Percentile: Top 69%
Vehicle Routing Optimization Methods
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