Academic Journal

Sourcing decisions with order allocation under supply disruption risk considering quantitative and qualitative criteria.

التفاصيل البيبلوغرافية
العنوان: Sourcing decisions with order allocation under supply disruption risk considering quantitative and qualitative criteria.
المؤلفون: Mahapatra, Maheswar Singh, Pradhan, Pravash Chandra, Jha, J. K.
المصدر: Operational Research; Sep2022, Vol. 22 Issue 4, p3291-3333, 43p
مستخلص: This paper addresses sourcing decisions with order allocation in the presence of supplier disruption risks in a two-echelon supply chain considering both quantitative and qualitative aspects. A mixed-integer linear program is proposed for the optimal supplier selection and order allocation considering finite and expandable production capacity, failure probability, all-unit price discount, and spot-market cost. Due to the time complexity of the problem to get an optimal solution, we develop a heuristic which is found highly efficient in time complexity and highly competitive in solution quality. A multi-objective model is formulated to capture the qualitative aspect of suppliers by maximizing the total purchase value along with minimizing the expected total cost. We have applied NSGA-II and MOPSO, two widely used evolutionary algorithms, to solve the multi-objective model. A numerical illustration is presented along with sensitivity analysis considering a supplier base of twenty suppliers and a sourcing strategy up to six suppliers. It has been found that dual-sourcing and triple-sourcing are mainly part of the non-dominated Pareto front. Also, increasing demand would lead to a higher level of sourcing strategy, which also depends on the maximum capacity of suppliers and the minimum order to be allocated to the selected suppliers. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Complementary Index
الوصف
تدمد:11092858
DOI:10.1007/s12351-021-00661-2