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Title Multi-objective robust optimization for multi-stage-multi-product agile closed-loop supply chain under uncertainty in the context of circular economy
ID_Doc 28245
Authors Ghoushchi, SJ; Hushyar, I; Sabri-Laghaie, K
Title Multi-objective robust optimization for multi-stage-multi-product agile closed-loop supply chain under uncertainty in the context of circular economy
Year 2021
Published
DOI 10.1108/JEIM-12-2020-0514
Abstract Purpose A circular economy (CE) is an economic system that tries to eliminate waste and continually use resources. Due to growing environmental concerns, supply chain (SC) design should be based on the CE considerations. In addition, responding and satisfying customers are the challenges managers constantly encounter. This study aims to improve the design of an agile closed-loop supply chain (CLSC) from the CE point of view. Design/methodology/approach In this research, a new multi-stage, multi-product and multi-period design of a CLSC network under uncertainty is proposed that aligns with the goals of CE and SC participants. Recycling of goods is an important part of the CLSC. Therefore, a multi-objective mixed-integer linear programming model (MILP) is proposed to formulate the problem. Besides, a robust counterpart of multi-objective MILP is offered based on robust optimization to cope with the uncertainty of parameters. Finally, the proposed model is solved using the e-constraint method. Findings The proposed model aims to provide the strategic choice of economic order to the suppliers and third-party logistic companies. The present study, which is carried out using a numerical example and sensitivity analysis, provides a robust model and solution methodology that are effective and applicable in CE-related problems. Practical implications This study shows how all upstream and downstream units of the SC network must work integrated to meet customer needs considering the CE context. Originality/value The main goal of the CE is to optimize resources, reduce the use of raw materials, and revitalize waste by recycling. In this study, a comprehensive model that can consider both SC design and CE necessities is developed that considers all SC participants.
Author Keywords Closed-loop supply chain; Robust optimization; Mixed-integer linear programming; Circular economy; Sustainable development
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:000720674600001
WoS Category Computer Science, Interdisciplinary Applications; Information Science & Library Science; Management
Research Area Computer Science; Information Science & Library Science; Business & Economics
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