Genetic Algorithm Approach for Inventory and Supply Chain Management

2018 ◽  
pp. 468-478
Author(s):  
Poonam Prakash Mishra
Keyword(s):  
Genetic Algorithm ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Cost Effective ◽  
Business Community ◽  
Complex Nature ◽  
Chain Management ◽  
Genetic Algorithm Approach ◽  
Intelligence Approach

Inventory and supply chain management is a real concern for business community in today's globally competitive scenario. Various inventory models are proposed, significant parameters are analysed and finally optimized by researchers in order to give managers an insight for the different parameters. Mathematical and logical analysis of different inventory and supply chain models helps mangers in overall cost reduction and further higher revenue generation. Members often encounter conflicting interest and unforeseen scenario. So, all this make supply chain very complex and dynamic process. Complex and uncertain nature of inventory and supply chain, many times either it is not feasible to solve the issue with traditional methods or it is not cost effective. Thus many researchers are using artificial intelligence approach for investigation. Genetic algorithm is one among them that works efficiently with complex nature of the inventory and supply chain management. This article provides an up to date review about the role of GA in overall inventory and supply chain management.

Genetic Algorithm Approach for Inventory and Supply Chain Management

2021 ◽  
pp. 1175-1185
Author(s):  
Poonam Prakash Mishra
Keyword(s):  
Genetic Algorithm ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Cost Effective ◽  
Business Community ◽  
Complex Nature ◽  
Chain Management ◽  
Genetic Algorithm Approach ◽  
Intelligence Approach

Inventory and supply chain management is a real concern for business community in today's globally competitive scenario. Various inventory models are proposed, significant parameters are analysed and finally optimized by researchers in order to give managers an insight for the different parameters. Mathematical and logical analysis of different inventory and supply chain models helps mangers in overall cost reduction and further higher revenue generation. Members often encounter conflicting interest and unforeseen scenario. So, all this make supply chain very complex and dynamic process. Complex and uncertain nature of inventory and supply chain, many times either it is not feasible to solve the issue with traditional methods or it is not cost effective. Thus many researchers are using artificial intelligence approach for investigation. Genetic algorithm is one among them that works efficiently with complex nature of the inventory and supply chain management. This article provides an up to date review about the role of GA in overall inventory and supply chain management.

scholarly journals Addressing Supply Chain Management Issues in Cost-effective Maternal and Pediatric Global Surgery: A Call to Action

2019 ◽  
Vol 9 (1) ◽  
pp. 77-80
Author(s):  
Sergio M. Navarro ◽  
Andile Sibiya ◽  
Maziar M. Nourian ◽  
Kelsey A. Stewart ◽  
Taylor D. Ottesen ◽  
...  
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Pediatric Surgery ◽  
Limited Resource ◽  
Cost Effective ◽  
Global Surgery ◽  
Neonatal Outcomes ◽  
Chain Management ◽  
Creative Commons

Persistent global disparities in maternal and neonatal outcomes exist, in part, due to a lack of access to safe surgery. This commentary examines the relative need for increased focus on access to safe maternal and pediatric surgery globally, starting with a focus on cost-effective surgeries. There is a need to understand context-specific surgeries for regions, including understanding regional versus tertiary development. Most important is a need to understand the crucial role of supply chain management (SCM) in developing better access to maternal and pediatric surgery in limited resource settings. We evaluate the role of SCM in global surgery and global health, and the current landscape of inefficiency. We outline specific findings and takeaways from recent solutions developed in pediatric and maternal surgery to address SCM inefficiencies. We then examine the applicability to other settings and look at the future. Our goal is to summarize the challenges that exist today in a global setting to provide better access to maternal and pediatric surgery and outline solutions relying on structural, SCM-related framework. Key words: • Pediatric surgery • Neonatal outcomes • Supply-chain management • Limited resource settings   Copyright © 2020 Navarro et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

The role of APS systems in Supply Chain Management: a theoretical and industrial analysis

2009 ◽  
Vol 5 (3/4) ◽  
pp. 356 ◽  
Author(s):  
France Anne Gruat La Forme ◽  
Valerie Botta Genoulaz ◽  
Jean Pierre Campagne
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Chain Management

The role of healt-hcare supply chain management in the wake of COVID-19 pandemic: hot off the press

foresight ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sriyanto Sriyanto ◽  
Muhammad Saeed Lodhi ◽  
Hailan Salamun ◽  
Sardin Sardin ◽  
Chairil Faif Pasani ◽  
...  
Keyword(s):  
Health Care ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Parameter Estimates ◽  
Chain Management ◽  
Content Type ◽  
Health Care Supply ◽  
Health Care Supply Chain ◽  
Ssa Countries

Purpose The study aims to examine the role of health-care supply chain management during the COVID-19 pandemic in a cross-section of 42 selected sub-Saharan African (SSA) countries. Design/methodology/approach The study used cross-sectional robust least square regression for parameter estimates. Findings The results confirmed the N-shaped relationship between the health-care logistics performance index (HLPI) and COVID-19 cases. It implies that initially HLPI increases along with an increase in COVID-19 cases. Later down, it decreases COVID-19 cases by providing continued access to medical devices and personal protective equipment. Again, it increases due to resuming economic activities across countries. Practical implications The continuing health-care supply chain is crucial to minimize COVID-19 cases. The international support from the developed world in providing health-care equipment, debt resettlement and resolving regional conflicts is deemed desirable to escape the SSA countries from the COVID-19 pandemic. Originality/value The importance of the health-care supply chain during the COVID-19 pandemic is evident in the forecasting estimates, which shows that from August 2021 to April 2022, increasing the health-care supply chain at their third-degree level would reduce coronavirus registered cases. The results conclude that SSA countries required more efforts to contain coronavirus cases by thrice increasing their health-care logistics supply chain.

scholarly journals SUPPLY CHAIN INTEGRATION AND SUPPLY CHAIN PERFORMANCE: THE ROLE OF KNOWLEDGE SHARING AS A MEDIATOR

2020 ◽  
Author(s):  
Rosmah Mat Isa ◽  
Mohammad Ahmed Mohammad Al Dweiri
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Knowledge Sharing ◽  
Structural Equation ◽  
Supply Chain Integration ◽  
Equation Modeling ◽  
Supply Chain Performance ◽  
Chain Management ◽  
Supplier Integration

The purpose of this paper is to examine the mediating role of knowledge sharing in the relationship between supply chain integration and supply chain performance. This study used a survey questionnaire for a sample size of 277 managers from various sectors in the manufacturing industry in Jordan.  This study utilised PLS Structural Equation Modeling for testing the hypothesis.  The finding indicates a significant positive relationship between supply chain integration and supply chain performance and that knowledge sharing plays partial mediation in this relationship. This study provides an important implication on the role of knowledge sharing. The performance of the supply chain can be maximised if the supply chain partners share knowledge among them. This will expedite the process of delivering the products to the customers.  Awareness among partners on the importance to share and utilise knowledge better should be raised. The study contributes to the research on supply chain management by advancing the understanding of the role of knowledge sharing that can increase the performance of the supply chain partners.   Keywords: Supply chain integration, supply chain management, knowledge sharing, supply chain performance, supplier integration.

scholarly journals The mediating role of customer relationship management between e-supply chain management and competitive advantage

2022 ◽  
Vol 6 (1) ◽  
pp. 263-272 ◽  
Author(s):  
Abdalrazzaq Aloqool ◽  
Malek Alharafsheh ◽  
Hadeel Abdellatif ◽  
Lana Ahmad Suleiman Alghasawneh ◽  
Jassim Ah-mad Al-Gasawneh
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Competitive Advantage ◽  
Customer Relationship Management ◽  
Relationship Management ◽  
Customer Relationship ◽  
Chain Management ◽  
Competitive Position ◽  
The Relationship

The purpose of this study is to explore the role of implementing e-supply chain management (E-SCM) on the competitive position of companies and whether implementing customer relationship management (CRM) can affect the relationship between E-SCM and competitive advantage. To achieve this objective, a quantitative approach was utilized. A total of 300 questionnaires were distributed where 243 questionnaires were returned, with 17 incomplete questionnaires being excluded, leaving 226 usable questionnaires. PLS-SEM software was used to analyze the data. The results of this study demonstrate the imperative role of implementing E-SCM and CRM on creating a competitive advantage for firms. It also shows that CRM mediates the relationship between E-SCM and competitive advantage, suggesting that utilizing different technologies can help firms better communicate with their customers and thus better serve them which in turn will enhance customers’ satisfaction and thus boost the competitive position of the firm.

Sign in / Sign up

Export Citation Format

Share Document