An evolutionary approach for multi-objective optimization of the integrated location-inventory distribution network problem in vendor-managed inventory

► Vendor-managed inventory (VMI) is one of the emerging solutions for improving the supply chain efficiency. ► This article presented a Multi-Objective Location-Inventory Problem (MOLIP) model. ► The potential of the proposed approach is demonstrated by comparing to a well-known multi-objective evolutionary algorithm. ► Computational results have presented promise solutions for different sizes of VMI problems.