Day Friday, October 19, 2007 Room Elizabeth
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3h20 PM- 3h55 PM |
Multi Echelon Supply Chain Optimization Using Particle Swarm Intelligence Algorithm |
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Rajeshwar Kadadevaramath, Siddaganga Institute of Technology, India, rskmutt@yahoo.com K.M.Mohanasundaram, PSG College of Technology, India
K.Rameshkumar,
Amrita School of Engineering, India
T.B.U.ShankarAradya,
Siddaganga
Institute of Technology, India
Ensuring competitiveness
in today’s globally connected marketplace is very
demanding and calls for different business
strategies than what were employed by businesses in
the past. Today’s businesses have to be more
adaptive to change. In order to stay competitive and
continue to subsist they need to be better suited to
handle fluctuations in an ever-changing market than
their competitors. Supply chains encompass a series
of steps that add value through time, place, and
material transformation. Each manufacturer or
distributor has some subset of the supply chain that
it must manage and run profitably and efficiently to
survive and grow. Optimization is no longer a luxury
but has become the order of the day. Given the
nature of the complex network problem and inherent
complexity associated with it, it is surprising that
very little work has been done in this area. This
paper specifically deals with the modeling and
optimization of a four-stage supply chain using the
Particle Swarm Optimization algorithm. |
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4h00 PM- 4h35 PM |
A tactical planning model for managing “leagile” supply chains using multiobjective optimization |
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Amin Chaabane, École de Technologie Supérieure, amin.chaabane.1@ens.etsmtl.ca
Global competition and rapid market changes force several companies to rethink their strategies in order to achieve more agility and efficiency. Organizations migrate toward inter-organizational relationships as a way to adapt to this new environment. Advanced planning and optimization of supply chains is one of the most important decisions that firms have to use in this context. The supply chain configuration is a dynamic process. Indeed, in the early stage of a market, it is often the lean paradigm that prevails. As the market evolves and demands for higher levels of variety grow, the agile paradigm replaces it to offer more flexibility and reactivity. “Leagile” supply chains are able to capture this dynamic behaviour, and offer much more flexibility. In this research we propose a multi-product, multi-echelon, and multi-period tactical planning model for managing “leagile” supply chains. The optimization program is constructed as a multiobjective mixed-integer linear model in order to satisfy two objectives. The first one minimizes the total logistics cost. The second objective minimises the total amount of products delivered in advance or backordered during the planning horizon. A simple illustrative example, solved with the “ε-constraint” method, demonstrates the trade-off between the two objectives and their impact on supply chain performance. |