Flexible design-planning of supply chain networks

Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain network. The strategic decision of determining the optimal SC network structure plays a vital role in the later optimization of SC operations. This...

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Vydané v:AIChE journal Ročník 55; číslo 7; s. 1736 - 1753
Hlavní autori: Laínez, José Miguel, Kopanos, Georgios, Espuña, Antonio, Puigjaner, Luis
Médium: Journal Article
Jazyk:English
Vydavateľské údaje: Hoboken Wiley Subscription Services, Inc., A Wiley Company 01.07.2009
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American Institute of Chemical Engineers
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ISSN:0001-1541, 1547-5905
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Abstract Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain network. The strategic decision of determining the optimal SC network structure plays a vital role in the later optimization of SC operations. This work focuses on the design and retrofit of SCs. Traditional approaches available in literature addressing this problem usually utilize as departing point a rigid predefined network structure which may restrict the opportunities of adding business value. Instead, a novel flexible formulation approach which translates a recipe representation to the SC environment is proposed to solve the challenging design-planning problem of SC networks. The resulting mixed integer linear programming model is aimed to achieve the best NPV as key performance metric. The potential of the presented approach is highlighted through illustrative examples of increasing complexity, where results of traditional rigid approaches and those offered by the flexible framework are compared. The implications of exploiting this potential flexibility to improve the SC performance are highlighted and are the subject of our further research work. © 2009 American Institute of Chemical Engineers AIChE J, 2009
AbstractList Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain network. The strategic decision of determining the optimal SC network structure plays a vital role in the later optimization of SC operations. This work focuses on the design and retrofit of SCs. Traditional approaches available in literature addressing this problem usually utilize as departing point a rigid predefined network structure which may restrict the opportunities of adding business value. Instead, a novel flexible formulation approach which translates a recipe representation to the SC environment is proposed to solve the challenging design-planning problem of SC networks. The resulting mixed integer linear programming model is aimed to achieve the best NPV as key performance metric. The potential of the presented approach is highlighted through illustrative examples of increasing complexity, where results of traditional rigid approaches and those offered by the flexible framework are compared. The implications of exploiting this potential flexibility to improve the SC performance are highlighted and are the subject of our further research work. © 2009 American Institute of Chemical Engineers AIChE J, 2009
Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain network. The strategic decision of determining the optimal SC network structure plays a vital role in the later optimization of SC operations. This work focuses on the design and retrofit of SCs. Traditional approaches available in literature addressing this problem usually utilize as departing point a rigid predefined network structure which may restrict the opportunities of adding business value. Instead, a novel flexible formulation approach which translates a recipe representation to the SC environment is proposed to solve the challenging design-planning problem of SC networks. The resulting mixed integer linear programming model is aimed to achieve the best NPV as key performance metric. The potential of the presented approach is highlighted through illustrative examples of increasing complexity, where results of traditional rigid approaches and those offered by the flexible framework are compared. The implications of exploiting this potential flexibility to improve the SC performance are highlighted and are the subject of our further research work. [PUBLICATION ABSTRACT]
Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain network. The strategic decision of determining the optimal SC network structure plays a vital role in the later optimization of SC operations. This work focuses on the design and retrofit of SCs. Traditional approaches available in literature addressing this problem usually utilize as departing point a rigid predefined network structure which may restrict the opportunities of adding business value. Instead, a novel flexible formulation approach which translates a recipe representation to the SC environment is proposed to solve the challenging design-planning problem of SC networks. The resulting mixed integer linear programming model is aimed to achieve the best NPV as key performance metric. The potential of the presented approach is highlighted through illustrative examples of increasing complexity, where results of traditional rigid approaches and those offered by the flexible framework are compared. The implications of exploiting this potential flexibility to improve the SC performance are highlighted and are the subject of our further research work.
Author Kopanos, Georgios
Puigjaner, Luis
Laínez, José Miguel
Espuña, Antonio
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Issue 7
Keywords Design
MILP
supply chain management
Markets
Linear programming
Mixed integer programming
Planning
network design
Flexibility
Modeling
Optimization
Mathematical programming
Language English
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References_xml – reference: Beamon BM. Supply chain design and analysis: models and methods. Int J Prod Econ. 1998; 55: 281-294.
– reference: Meixell MJ,Gargeya VB. Global supply chain design: a literature review and critique. Transportation Res Part E. 2005; 41: 531-550.
– reference: Jordan WC,Graves SC. Principles on the benefits of manufacturing process flexibility. Manage Sci. 1995; 41: 577-594.
– reference: Jackson JR,Grossmann IE. Temporal decomposition scheme for nonlinear multisite production planning and distribution models. Ind Eng Chem Res. 2003; 42: 3045-3055.
– reference: Lamming R. Japanese supply chain relationships in recession. Long Range Plann. 2000; 33: 757-778.
– reference: Schmidt G,Wilhelm WE. Strategic, tactical and operational decisions in multinational logistics networks: a review and discussion of modelling issues. Int J Prod Res. 2000; 38: 1501-1523.
– reference: Laínez JM,Guillén-Gozálbez G,Badell M,Espuña A,Puigjaner L. Enhancing corporate value in the optimal design of chemical supply chains. Ind Eng Chem Res. 2007; 46: 7739-7757.
– reference: Brown GG,Graves GW,Honczarenko M. Design and operation of a multicommodity production/distribution system using primal goal decomposition. Manage Sci. 1987; 33: 1469-1480.
– reference: Ferrio J,Wassick J. Chemical supply chain network optimization. Comput Chem Eng. 2008; 32: 2481-2504.
– reference: Hugo A,Pistikopoulos EN. Environmentally conscious long-range planning and design of supply chain networks. J Cleaner Prod. 2005; 13: 1471-1491.
– reference: Bok JW,Grossmann IE,Park S. Supply chain optimization in continuous flexible process networks. Ind Eng Chem Res. 2000; 39: 1279-1290.
– reference: Graves SC,Tomlin BT. Process flexibility in supply chains. Manage Sci. 2003; 49: 907-919.
– reference: Kondili E,Pantelides CC,Sargent RW. A general algorithm for short term scheduling of batch operations. Comput Chem Eng. 1993; 17: 211-227.
– reference: Tang CS. Perspectives in supply chain risk management. Int J Prod Econ. 2006; 103: 451-488.
– reference: Guillén G,Mele F,Bagajewicz M,Espuña A,Puigjaner L. Multiobjective supply chain design under uncertainty. Chem Eng Sci. 2005; 60: 1535-1553.
– reference: Vidal CJ,Goetschalckx M. Strategic production-distribution models: a critical review with emphasis on global supply chain models. Eur J Oper Res. 1997; 98: 1-18.
– reference: Mele FD,Guillén G,Espuña A,Puigjaner L. An agent-based approach for supply chain retrofitting under uncertainty. Comput Chem Eng. 2007; 31: 722-735.
– reference: Handfield RF,Nichols EL. Introduction to Supply Chain Management. New Jersey: Prentice Hall, 1999.
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Snippet Nowadays market competition is essentially associated to supply chain (SC) improvement. Therefore, the locus of value creation has shifted to the chain...
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SubjectTerms Applications of mathematics to chemical engineering. Modeling. Simulation. Optimization
Applied sciences
Chemical engineering
Competition
Design
Exact sciences and technology
flexibility
Market analysis
MILP
network design
Retrofitting
Supply chain management
Supply chains
Title Flexible design-planning of supply chain networks
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