Product portfolio optimisation using teaching–learning-based optimisation algorithm: a new approach in supply chain management

Author(s):  
Maryam Azari Takami ◽  
Reza Sheikh ◽  
Shib Sankar Sana
Author(s):  
Qingyun Zhu ◽  
Joseph Sarkis

Products and their associated material, capital, and information are critical flows within supply chains. Supply chain management needs to facilitate product portfolio management. Some example activities include material sourcing, product design and manufacture, product delivery and transportation, product usage, and service. Closing the supply-chain loop, especially for sustainable supply chains, include end-of-life disposal and repurposing activities. Sustainable supply chain development typically focuses on three major dimensions of organizational competitiveness, economic, social, and environmental. Organizations make product deletion continuously. These decisions can profoundly contribute to sustainability. Alternatively, sustainability performance of various supply chain process and product or material flows may also be strategic product deletion reasons. This chapter will review the integration of product deletion with sustainable supply chain management. It will entail the impact of product deletion on sustainable supply chains.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jafar Yazdimoghaddam

Purpose The more common approaches used in supply chain management (SCM) consider only the physical logistic operations and ignore the financial aspects of the supply chain (SC). The main objective to incorporate financial aspects in SCM is to strengthen managerial decisions concerning financial flows in SCs. This paper aims to present a model for financial supply chain management (FSCM) in which financial planning in addition to operation planning is decided. Design/methodology/approach Approaches for FSCM are traditional financial approach and new financial approach. The traditional financial approach integrates physical goods flows and financial flows. The new financial approach considers in making decisions other financial indicators such as market to book value, liquidity ratios, capital structure ratios, stock security ratios, sales margin and return on equity. Moreover, the new approach applies the change in equity instead of the traditional approach measures of profit as the objective function to be maximized in the presented model. To show the attributes of the presented approaches, the results of the new approach and the traditional approach are compared. Findings The findings of this paper indicate that the traditional approach leads to a lower change in equity compared to the new approach. Also, the results reveal the better improvement of using the new approach over the traditional approach and convince the decision-makers to take advantage of the new approach. Research limitations/implications Empirical knowledge about FSCM is in its early stages. Originality/value The main contribution of this paper is to define two approaches for FSCM and to compare them.


2020 ◽  
Author(s):  
Edivaldo Mascarenhas Junior ◽  
Manoel Carvalho Neto ◽  
Allan Edgard Freitas

A complex web of relationships provides goods for manufacturing, assembling, and delivering final products known as the supply chain. Emerging technologies have been used in supply chain systems in order to provide traceability. However, these systems tend to be centralized, monopolistic, and asymmetric. As a consequence, they may result in trusting problems, such as fraud, corruption, and tampering. Blockchain technology provides a new approach for information systems based on decentralization, that can apply for supply chain systems. This work presents a Blockchain-based framework for developing applications that provide such traceability for supply chain management.


2021 ◽  
Vol 20 (4) ◽  
pp. 166-175
Author(s):  
Mashiour Rahman ◽  
Rosshairy Abd. Rahman ◽  
Md. Mamun Habib

The mobile devices are used to execute the teaching-learning-evaluation process in Mobile Learning (m-learning) methodology. M-learning is a trending field in educational organizations, companies, and for individual study. With the explosion of mobile device ownership among the users aged within 18–29 years who are also the attendees of the higher learning institution (HLI), gives us the opportunity to consider the use of m-learning methodology to be embedded in the HLI beside traditional methodologies. Exceptional circumstances such as the COVID-19 pandemic when traditional face-to-face methodology suddenly changed to online paradigm, is also forcing us to strongly consider the m-learning approach. However, HLI may not have a general policy to implement m-learning into the traditional learning environment. A proper educational outcome needs to be configured to implement a new process into the traditional process. Therefore, a model integrating the m-learning aspects and the education supply chain management factors obtained from this study may benefit the stakeholders of HLI, especially educators and students.


2013 ◽  
Vol 664 ◽  
pp. 123-128
Author(s):  
Ying Jian Chen

Environmental issues constitute continuous concern for governments, societies and business organizations. Green supply chain management(GSCM) emerged as a new approach that extends environmental responsibility of organizations throughout their entire supply chain managements. In this paper, we first discuss the definitions of environmental sustainability and GSCM as well as the important differences between GSCM and SCM, then some latest research progresses on the deep relations between environmental sustainability and GSCM are briefly reviewed. Finally, possible future developments of green packaging are prospected.


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