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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

Pricing and lot sizing optimization in a two-echelon supply chain with a constrained Logit demand function Pages 205-220 Right click to download the paper Download PDF

Authors: Yeison Díaz-Mateus, Bibiana Forero, Héctor López-Ospina, Gabriel Zambrano-Rey

DOI: 10.5267/j.ijiec.2017.6.003

Keywords: Constrained multinomial logit, Pricing, Lotsizing, Supply chain optimization, PSO

Abstract:
Decision making in supply chains is influenced by demand variations, and hence sales, purchase orders and inventory levels are therefore concerned. This paper presents a non-linear optimization model for a two-echelon supply chain, for a unique product. In addition, the model includes the consumers’ maximum willingness to pay, taking socioeconomic differences into account. To do so, the constrained multinomial logit for discrete choices is used to estimate demand levels. Then, a metaheuristic approach based on particle swarm optimization is proposed to determine the optimal product sales price and inventory coordination variables. To validate the proposed model, a supply chain of a technological product was chosen and three scenarios are analyzed: discounts, demand segmentation and demand overestimation. Results are analyzed on the basis of profits, lotsizing and inventory turnover and market share. It can be concluded that the maximum willingness to pay must be taken into consideration, otherwise fictitious profits may mislead decision making, and although the market share would seem to improve, overall profits are not in fact necessarily better.
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Journal: IJIEC | Year: 2018 | Volume: 9 | Issue: 2 | Views: 2435 | Reviews: 0

 
2.

Streamlining supply chains: An efficiency-driven permissioned blockchain framework for data reduction Pages 2445-2458 Right click to download the paper Download PDF

Authors: Mohammed Amin Almaiah, Aitizaz Ali, Tayseer Alkhdour, Ting Tin Tin, Rommel AlAli, Theyazan Aldahyani

DOI: 10.5267/j.ijdns.2024.5.013

Keywords: Supply Chains, Efficiency, Permissioned Blockchain, Framework, Data Reduction, Supply Chain Optimization, Blockchain Technology

Abstract:
In the ever-evolving landscape of supply chain management, the quest for efficiency has become paramount. This abstract explores a groundbreaking solution that combines the power of permissioned blockchain technology with innovative data reduction strategies to redefine how supply chains operate. Traditional supply chain systems often grapple with data overload, causing delays, inaccuracies, and operational inefficiencies. However, this abstract presents a promising approach that unleashes efficiency by harnessing the capabilities of a permissioned blockchain. Through data reduction techniques tailored to the needs of supply chain management, this approach streamlines the flow of information while maintaining security and trust among participants. This paper seeks into the technical foundations of permissioned blockchains, highlighting their suitability for supply applications where confidentiality and controlled access are imperative. Furthermore, it examines various data reduction methodologies, emphasizing their role in minimizing redundant data, optimizing communication, and enabling real-time decision-making. The impact of this innovative approach on supply chain stakeholders is profound. It reduces data related bottlenecks, enhances transparencies, and fosters collaboration among participants. Additionally, it provides a scalable framework adaptable to diverse supply chain ecosystems. As supply chain efficiency becomes increasingly important in our interconnected world, this permissioned blockchain-driven data reduction strategy offers a compelling vision for the future. It promises to unlock a new era of streamlined operations, cost savings, and improved customer satisfaction, ultimately shaping the next generation of supply chain management.
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Journal: IJDS | Year: 2024 | Volume: 8 | Issue: 4 | Views: 514 | Reviews: 0

 
3.

A fuzzy multi-objective multi-follower linear Bi-level programming problem to supply chain optimization Pages 193-206 Right click to download the paper Download PDF

Authors: M Taran, E Roghanian

Keywords: Bilevel programming, Fuzzy sets, Multi-follower programming, Multi-objective decision making, Supply chain optimization

Abstract:
In today & apos; s world, many planning problems include a hierarchical decision structure with independent and often conflicting objectives. Therefore, the optimization of supply chains with hierarchical structure is essential. In this paper, we investigate a fuzzy multi-objective multi-products supply chain optimization problem in a bi-level structure with one level corresponding to a manufacturer planning problem, while the other to K distribution centers problem. In our model, customer demand and supply chain costs are considered uncertain and will be modeled with use of fuzzy sets. We first describe how different kinds of problems can be modeled as bi-level programming problems. Then, this fuzzy model is first converted into an equivalent crisp model by using ?-cut method in each level, and then by applying extended Kuhn–Tucker approach, we have a linear multi-objective programming problem. Fuzzy goal programming technique is applied to solve the multi-objective linear programming problem to obtain a set of Pareto-optimal solutions. Finally, a numerical example is illustrated to demonstrate the feasibility of the proposed approach.
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Journal: USCM | Year: 2013 | Volume: 1 | Issue: 4 | Views: 2893 | Reviews: 0

 

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