Assessment of joint inventory replenishment: a cooperative games approach

This research deals with the design of a logistics strategy with a collaborative approach between non-competing companies, who through joint coordination of the replenishment of their inventories reduce their costs thanks to the exploitation of economies of scale. The collaboration scope includes sharing logistic resources with limited capacities; transport units, warehouses, and management processes. These elements conform a novel extension of the Joint Replenishment Problem (JRP) named the Schochastic Collaborative Joint replenishment Problem (S-CJRP). The introduction of this model helps to increase practical elements into the inventory replenishment problem and to assess to what extent collaboration in inventory replenishment and logistics resources sharing might reduce the inventory costs. Overall, results showed that the proposed model could be a viable alternative to reduce logistics costs and demonstrated how the model can be a financially preferred alternative than individual investments to leverage resources capacity expansions. Furthermore, for a practical instance, the work shows the potential of JRP models to help decision-makers to better understand the impacts of fleet renewal and inventory replenishment decisions over the cost and CO2 emissions.DoctoradoDoctor en Ingeniería Industria

Improving Freight System Performance with Automation, Collaborative Practices, and Cleaner Vehicle Technologies

Worldwide, authorities advocate for cleaner vehicles technologies as alternatives to mitigate the negative impacts of freight transportation, including noise, emissions, and traffic congestion. To foster these technologies, authorities have enacted sustainability programs/policies to either promote their use or to discourage the use of internal combustion vehicles. Nevertheless, due to the novelty and developmental immaturity of most of these technologies, we are far from fully understand their potential benefits, challenges, and unintended consequences of their adoption. In addition, due to the inherent complexity of logistics operations, it is difficult to anticipate the direct financial and operational impacts that sustainability policies would have on businesses. For instance, policies that seek to increase the proportion of cleaner vehicles in fleets. To advance the theory on these, firstly, this work carries out an extensive analysis of the state-of- practice of such innovations. Second, it proposes a series of decision-making systems to better understand the relationships between infrastructure, technological capabilities, and sustainability policies to support the cost-and-environmental-efficient adoption of cleaner freight transportation systems while avoiding financial disruption to private companies. Third, it evaluates collaborative fleet sharing practices as an alternative to taking advantage of cleaner vehicles. The results reveal the trade-off among capital investments in cleaner vehicles and logistics costs, charging stations coverage levels, and vehicles autonomy required to abide by the requirements of the mentioned regulatory policies. In addition, the results glimpse potential economic and environmental benefits of sharing fleets between companies

Odanacatib for the treatment of postmenopausal osteoporosis : Results of the LOFT multicentre, randomised, double-blind, placebo-controlled trial and LOFT Extension study

Background Odanacatib, a cathepsin K inhibitor, reduces bone resorption while maintaining bone formation. Previous work has shown that odanacatib increases bone mineral density in postmenopausal women with low bone mass. We aimed to investigate the efficacy and safety of odanacatib to reduce fracture risk in postmenopausal women with osteoporosis. Methods The Long-term Odanacatib Fracture Trial (LOFT) was a multicentre, randomised, double-blind, placebo-controlled, event-driven study at 388 outpatient clinics in 40 countries. Eligible participants were women aged at least 65 years who were postmenopausal for 5 years or more, with a femoral neck or total hip bone mineral density T-score between −2·5 and −4·0 if no previous radiographic vertebral fracture, or between −1·5 and −4·0 with a previous vertebral fracture. Women with a previous hip fracture, more than one vertebral fracture, or a T-score of less than −4·0 at the total hip or femoral neck were not eligible unless they were unable or unwilling to use approved osteoporosis treatment. Participants were randomly assigned (1:1) to either oral odanacatib (50 mg once per week) or matching placebo. Randomisation was done using an interactive voice recognition system after stratification for previous radiographic vertebral fracture, and treatment was masked to study participants, investigators and their staff, and sponsor personnel. If the study completed before 5 years of double-blind treatment, consenting participants could enrol in a double-blind extension study (LOFT Extension), continuing their original treatment assignment for up to 5 years from randomisation. Primary endpoints were incidence of vertebral fractures as assessed using radiographs collected at baseline, 6 and 12 months, yearly, and at final study visit in participants for whom evaluable radiograph images were available at baseline and at least one other timepoint, and hip and non-vertebral fractures adjudicated as being a result of osteoporosis as assessed by clinical history and radiograph. Safety was assessed in participants who received at least one dose of study drug. The adjudicated cardiovascular safety endpoints were a composite of cardiovascular death, myocardial infarction, or stroke, and new-onset atrial fibrillation or flutter. Individual cardiovascular endpoints and death were also assessed. LOFT and LOFT Extension are registered with ClinicalTrials.gov (number NCT00529373) and the European Clinical Trials Database (EudraCT number 2007-002693-66). Findings Between Sept 14, 2007, and Nov 17, 2009, we randomly assigned 16 071 evaluable patients to treatment: 8043 to odanacatib and 8028 to placebo. After a median follow-up of 36·5 months (IQR 34·43–40·15) 4297 women assigned to odanacatib and 3960 assigned to placebo enrolled in LOFT Extension (total median follow-up 47·6 months, IQR 35·45–60·06). In LOFT, cumulative incidence of primary outcomes for odanacatib versus placebo were: radiographic vertebral fractures 3·7% (251/6770) versus 7·8% (542/6910), hazard ratio (HR) 0·46, 95% CI 0·40–0·53; hip fractures 0·8% (65/8043) versus 1·6% (125/8028), 0·53, 0·39–0·71; non-vertebral fractures 5·1% (412/8043) versus 6·7% (541/8028), 0·77, 0·68–0·87; all p<0·0001. Combined results from LOFT plus LOFT Extension for cumulative incidence of primary outcomes for odanacatib versus placebo were: radiographic vertebral fractures 4·9% (341/6909) versus 9·6% (675/7011), HR 0·48, 95% CI 0·42–0·55; hip fractures 1·1% (86/8043) versus 2·0% (162/8028), 0·52, 0·40–0·67; non-vertebral fractures 6·4% (512/8043) versus 8·4% (675/8028), 0·74, 0·66–0·83; all p<0·0001. In LOFT, the composite cardiovascular endpoint of cardiovascular death, myocardial infarction, or stroke occurred in 273 (3·4%) of 8043 patients in the odanacatib group versus 245 (3·1%) of 8028 in the placebo group (HR 1·12, 95% CI 0·95–1·34; p=0·18). New-onset atrial fibrillation or flutter occurred in 112 (1·4%) of 8043 patients in the odanacatib group versus 96 (1·2%) of 8028 in the placebo group (HR 1·18, 0·90–1·55; p=0·24). Odanacatib was associated with an increased risk of stroke (1·7% [136/8043] vs 1·3% [104/8028], HR 1·32, 1·02–1·70; p=0·034), but not myocardial infarction (0·7% [60/8043] vs 0·9% [74/8028], HR 0·82, 0·58–1·15; p=0·26). The HR for all-cause mortality was 1·13 (5·0% [401/8043] vs 4·4% [356/8028], 0·98–1·30; p=0·10). When data from LOFT Extension were included, the composite of cardiovascular death, myocardial infarction, or stroke occurred in significantly more patients in the odanacatib group than in the placebo group (401 [5·0%] of 8043 vs 343 [4·3%] of 8028, HR 1·17, 1·02–1·36; p=0·029, as did stroke (2·3% [187/8043] vs 1·7% [137/8028], HR 1·37, 1·10–1·71; p=0·0051). Interpretation Odanacatib reduced the risk of fracture, but was associated with an increased risk of cardiovascular events, specifically stroke, in postmenopausal women with osteoporosis. Based on the overall balance between benefit and risk, the study's sponsor decided that they would no longer pursue development of odanacatib for treatment of osteoporosis