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Proceedings ArticleDOI

Combinatorial optimization design and operating management mechanisms for logistics supply chain management

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TLDR
In this article, Suitable combinatorial optimized logistics supply chain design mechanisms and effective operating management method are considered for the problems of the Logistics supply chain management in order to find suitable optimized design mechanisms when a corporation decides to open and operate its warehouses and cross-docks.
Abstract
For improved competitiveness, many modern firms have embraced the supply chain management to increase organizational effectiveness and achieve such organizational goals as improved customer value, better utilization of resources, and increased profitability. One main issue of logistics supply chain management is to find suitable optimized design mechanisms when a corporation decides to open and operate its warehouses and cross-docks and expend huge financial sums to open its best set of cross-docks and warehouses, the other main issue of logistics supply chain management is the effective operating management of the logistical supply chain processes that are controlled by various independent companies in order to achieve overall minimal cost after the corporation had opened and operated its warehouses and cross-docks. Suitable combinatorial optimized logistics supply chain design mechanisms and effective operating management method are considered for the problems of the logistics supply chain management in this paper.

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References
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Book

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TL;DR: Ant colony optimization (ACO) is a relatively new approach to problem solving that takes inspiration from the social behaviors of insects and of other animals as discussed by the authors In particular, ants have inspired a number of methods and techniques among which the most studied and the most successful is the general purpose optimization technique known as ant colony optimization.
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TL;DR: This research presents a meta-modelling architecture for supply chain management that automates and automates the very labor-intensive and therefore time-heavy and expensive process of planning and executing supply contracts.
Journal ArticleDOI

Perspectives in supply chain risk management

TL;DR: In this paper, the authors present a review of various quantitative models for managing supply chain risks and relate various supply chain risk management strategies examined in the research literature with actual practices, highlighting the gap between theory and practice, and motivate researchers to develop new models for mitigating supply chain disruptions.
Journal ArticleDOI

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TL;DR: In this paper, the authors introduce the reader to the field of closed-loop supply chains with a strong business perspective, i.e., they focus on profitable value recovery from returned products.

Ant Colony Optimization Theory

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