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Book Product Life Cycle Optimization Models for Closed Loop Supply Chains

Download or read book Product Life Cycle Optimization Models for Closed Loop Supply Chains written by Aswin Dhamodharan and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply Chain Network design is an important strategic decision that helps Original Equipment Manufacturers (OEMs) to position their supply chains for profitable reverse supply chains. We observe that between the competitors of technology products, companies such as HP and Xerox (printers) and Apple and Google (smartphones), one competitor (HP and Apple) manages the reverse supply chain to extract value in a profitable manner, while the other competitor (Xerox and Google) uses a third-party reverse logistics company to simply recycle consumer returns. In the literature, supply chain levers, such as consumer Willingness to Pay (WTP) for remanufactured products, managing the collection process of consumer returns, the quality of the consumer returns and the design of reverse logistics have been identified as key factors influencing OEM participation in reverse supply chain. In this thesis, we show that, under the same supply chain levers mentioned above, the OEMs approach to supply chain network design can significantly impact the profitability in the reverse supply chain over the product lifecycle. To address the supply chain network design problem for an OEM, we propose an integrated multi-period optimization model called Product Life Cycle Optimization Model (PLCOM), to design the Closed Loop Supply Chain (CLSC) for the OEMs. The PLCOM is a Mixed Integer Linear Program that consists of a Demand model and a Pricing model. The Pricing model determines the optimal production quantity and the selling price computed over the product life cycle, based on a realistic customer Willingness to Pay (WTP) for new and remanufactured products. The Demand model computes the demand for new and remanufactured products based on the Extended-Basss diffusion model. The PLCOM also computes the cannibalization of new product sales due to the introduction of remanufactured product and the availability of product returns for remanufacturing, constrained by the collection of the returns. The Demand and Pricing models are then integrated into a Mixed Integer Program (MIP) model to design the CLSC network.The PLCOM is applied to a realistic case study using Apples iPhone 7 for a product life cycle of 8 years. The final MIP model has 30 binary variables, 48066 continuous variables and 3972 constraints and was solved using CPlex in 0.1619 seconds. We show that an integrated approach to design the supply chain network by the OEMs is more profitable compared to a sequential approach, where the OEM initially designs the optimal forward supply chain network and implements it. Later, when the OEM decides to participate in the remanufactured market, the OEM revisits the network design to obtain the optimal CLSC for the reverse supply chain. Using sensitivity analysis, we also show that slow diffusing products are more profitable for remanufacturing and fast diffusing products require flexibility in capacity planning, in order to avoid the fixed cost of opening additional facilities. In the case of fast diffusing products, we also observe a delayed surge in demand for remanufactured products caused by a delayed cannibalization effect on new product demand. Finally, a sensitivity analysis on the quality of the consumer returns gives an upper bound on the investment that can be made by the OEM in incentivizing the consumers to improve the quality of the returns.In the technology industry, frequent new product releases entail OEMs to concurrently manage successive generations of products. For example, Apple currently sells multigeneration iPhones, such as iPhone 6S, iPhone 7, iPhone 8 and iPhone X. Hence, we extend the integrated model to a two-generation product setting. We model the demand for the second-generation product as a substitution for the first-generation product. We identify the \textit{logit} function as the substitution function to compute demand for the second-generation product and validate total sales using the iPhone4 and iPhone 4S sales data. The extended PLCOM is again used in a realistic case study based on the consumer WTP for iPhone 7 and iPhone 8 as the successive generations of products. The extended PLCOM has 30 binary variables, 77474 continuous variables and 6470 constraints and the optimization problem was solved using CPlex and the solver took 46 seconds to solve the problem. Finally, we conduct a sensitivity analysis to determine the most profitable time to introduce the second-generation product, characterize the slow and the fast diffusing products in the two-generation product setting and analyze the impact of the quality of consumer returns on the profit.

Book Quantitative Models for Reverse Logistics

Download or read book Quantitative Models for Reverse Logistics written by Moritz Fleischmann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic, marketing, and legislative considerations are increasingly leading companies to take back and recover their products after use. From a logistics perspective, these initiatives give rise to new goods flows from the user back to the producer. The management of these goods flows opposite to the traditional supply chain flows is addressed in the recently emerged field of Reverse Logistics. This monograph considers quantitative models that support decision making in Reverse Logistics. To this end, several recent case studies are reviewed. Moreover, first hand insight from a study on used electronic equipment is reported on. On this basis, logistics issues arising in the management of "reverse" goods flows are identified. Moreover, differences between Reverse Logistics and more traditional logistics contexts are highlighted. Finally, attention is paid to capturing the characteristics of Reverse Logistics in appropriate quantitative models.

Book Closed Loop Supply Chains

Download or read book Closed Loop Supply Chains written by Mark E. Ferguson and published by CRC Press. This book was released on 2010-04-21 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closed-loop supply chain activities such as remanufacturing, recycling, dismantling for spare parts, and reverse logistics have helped many companies tap into new revenue streams by finding secondary markets for their products, all while reducing their overall carbon footprint. Written by academic experts, in language that is accessible to practitioners, this authoritative resource examines recent research and case studies of companies running profitable reuse/remanufacture operations in various industries. It illustrates profitable practices in returned and recovered products, clearly explaining how to: design a reverse logistics network, conduct production planning, implement effective marketing strategies, and apply closed-loop supply chain strategies in industries besides manufacturing. From product development to materials to assembly and profitability, this complete resource explores the impact of these processes across all aspects of the supply chain.

Book Supply Chain Management Strategies and Risk Assessment in Retail Environments

Download or read book Supply Chain Management Strategies and Risk Assessment in Retail Environments written by Kumar, Akhilesh and published by IGI Global. This book was released on 2017-12-15 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proper understanding and managing of project risks and uncertainties is crucial to any organization. It is paramount that all phases of project development and execution are monitored to avoid poor project results from meager economics, overspending, and reputation. Supply Chain Management Strategies and Risk Assessment in Retail Environments is a comprehensive reference source for the latest scholarly material on effectively managing risk factors and implementing the latest supply management strategies in retail environments. Featuring coverage on relevant topics such as omni-channel retail, green supply chain, and customer loyalty, this book is geared toward academicians, researchers, and students seeking current research on the challenges and opportunities available in the realm of retail and the flow of materials, information, and finances between companies and consumers.

Book Reverse Logistics

Download or read book Reverse Logistics written by Rommert Dekker and published by Springer Science & Business Media. This book was released on 2013-06-05 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses decision making in reverse logistics, which concerns the integration of used and obsolete products back into the supply chain as valuable resources. It covers a wide range of aspects, related to distribution, production and inventory management, and supply chain management. For each topic, it highlights key managerial issues in real-life examples and explains which quantitative models are available for addressing them. By treating a broad range of issues in a unified way, the book offers the reader a comprehensive view on the field of reverse logistics.

Book Optimization Modeling for the Operation of Closed loop Supply Chains

Download or read book Optimization Modeling for the Operation of Closed loop Supply Chains written by Aman Gupta and published by . This book was released on 2007 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmentally conscious manufacturing and remanufacturing/recycling of end-of-life products are steadily growing in importance. The problem of managing the waste generated due to the disposal of many types of products has many aspects. The main driving forces for solving this growing problem are the rapid diminishment of raw material resources, decreasing space in landfills and increasing levels of pollution. The drivers associated with these forces are governmental regulations which require that the manufacturers take back the end-of-life products and customer perspectives on environmental issues. This research considers the problem of increasing levels of electronic and electrical equipments waste. The implementation of closed-loop supply chains can be beneficial both economically and ecologically for these problems. Relevant literature to understand various issues involved in the operation of reverse logistics systems and closed-loop supply chains is reviewed. Upon reviewing the issues involved in closed-loop supply chains, the problem is considered as an ill-structured problem. A problem structuring technique called Why-What's Stopping Analysis is used to analyze the problem from various perspectives. Also, since a closed-loop supply chain involves multiple objectives, two techniques for categorizing the objectives into fundamental and means objectives are presented: Fundamental Objective Hierarchy and Means Objective Network techniques, respectively. A Goal Program (GP) modeling approach is used to handle many of the objectives identified by the previously mentioned techniques. In this research a consolidated objective function is defined which includes all of the deviational variables considered in various goals defined in the model. The consolidated goal is to minimize the weighted sum of all deviational variables. A non preemptive goal programming approach has been used with goals being assigned different weights according to their priorities. The values of the deviational variables help the decision maker to see which of the different goals are satisfied with the existing values of parameters and which of the goals aren't. The goal program has been run with both uniform and variable demand values in all the periods. In the absence of real data, all the parameter values considered for this research have been assumed. The major contributions of the research are as follows: each member of the supply chain has its own individual objective and the related constraints which is a more realistic approach, the model considers multiple products, and the model considers operations at the product, subassembly, part, and material levels. All the above contributions make this research as the first approach of its kind which has never been attempted (based on literature reviewed) and the goal programming methodology used is also a well accepted approach among all the multi-objective programming approaches. Results show the effect of varying the priority/weight associated with a goal. Results also show that values of the deviational variables (positive or negative) help a decision maker to analyze the model. The goal programming approach is considered to be the most effective approach in terms of defining the mathematical model, analyzing the output, and modifying the model (if needed).

Book Strategic Planning Models for Reverse and Closed Loop Supply Chains

Download or read book Strategic Planning Models for Reverse and Closed Loop Supply Chains written by Kishore K. Pochampally and published by CRC Press. This book was released on 2008-09-22 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid technological development of new products, coupled with the growing consumer desire for the latest technology, has led to a new environmental problem: products that are discarded prematurely. But behind every problem lies an opportunity. Many of these products can be reprocessed, leading to savings in natural resources, energy, landfill s

Book 10th International Symposium on Process Systems Engineering   PSE2009

Download or read book 10th International Symposium on Process Systems Engineering PSE2009 written by Rita Maria de Brito Alves and published by Elsevier. This book was released on 2009-09-14 with total page 1229 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 10th International Symposium on Process Systems Engineering, PSE’09, will be held in Salvador-Bahia, Brazil, on August 16–20, 2009. The special focus of PSE 2009 is Sustainability, Energy, and Engineering. PSE 2009 is the tenth in the triennial series of international symposia on process systems engineering initiated in 1982. The meeting brings together the worldwide PSE community of researchers and practitioners who are involved in the creation and application of computing-based methodologies for planning, design, operation, control and maintenance of chemical and petrochemical process industries. PSE’09 will look at how PSE methods and tools can support sustainable resource systems, emerging technologies in the areas of green engineering, and environmentally conscious design of industrial processes. - sustainable resource systems - emerging technologies in the areas of green engineering - environmentally conscious design of industrial processes

Book Managing Closed Loop Supply Chains

Download or read book Managing Closed Loop Supply Chains written by Simme D.P. Flapper and published by Springer Science & Business Media. This book was released on 2006-03-06 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Closed-Loop Supply Chains (CLSC) offer companies a unique opportunity to improve their profits whilst serving societal responsibility. The management of CLSC differs in a number of ways from managing supply chains in general. The book examines these differences and how these differences may be dealt with in practice, by offering a concrete framework, introducing the different aspects related to CLSC and their mutual relations, in a systematic logical way as well as cases clustered according to the inputs for a CLSC. The framework and especially the cases from successful companies offer the reader an invaluable help to build and improve CLSC.

Book Surviving Supply Chain Integration

Download or read book Surviving Supply Chain Integration written by National Research Council and published by National Academies Press. This book was released on 2000-03-23 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The managed flow of goods and information from raw material to final sale also known as a "supply chain" affects everythingâ€"from the U.S. gross domestic product to where you can buy your jeans. The nature of a company's supply chain has a significant effect on its success or failureâ€"as in the success of Dell Computer's make-to-order system and the failure of General Motor's vertical integration during the 1998 United Auto Workers strike. Supply Chain Integration looks at this crucial component of business at a time when product design, manufacture, and delivery are changing radically and globally. This book explores the benefits of continuously improving the relationship between the firm, its suppliers, and its customers to ensure the highest added value. This book identifies the state-of-the-art developments that contribute to the success of vertical tiers of suppliers and relates these developments to the capabilities that small and medium-sized manufacturers must have to be viable participants in this system. Strategies for attaining these capabilities through manufacturing extension centers and other technical assistance providers at the national, state, and local level are suggested. This book identifies action steps for small and medium-sized manufacturersâ€"the "seed corn" of business start-up and developmentâ€"to improve supply chain management. The book examines supply chain models from consultant firms, universities, manufacturers, and associations. Topics include the roles of suppliers and other supply chain participants, the rise of outsourcing, the importance of information management, the natural tension between buyer and seller, sources of assistance to small and medium-sized firms, and a host of other issues. Supply Chain Integration will be of interest to industry policymakers, economists, researchers, business leaders, and forward-thinking executives.

Book Supply Chain Engineering and Logistics Handbook

Download or read book Supply Chain Engineering and Logistics Handbook written by Erick C. Jones and published by CRC Press. This book was released on 2019-11-12 with total page 914 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook begins with the history of Supply Chain (SC) Engineering, it goes on to explain how the SC is connected today, and rounds out with future trends. The overall merit of the book is that it introduces a framework similar to sundial that allows an organization to determine where their company may fall on the SC Technology Scale. The book will describe those who are using more historic technologies, companies that are using current collaboration tools for connecting their SC to other global SCs, and the SCs that are moving more towards cutting edge technologies. This book will be a handbook for practitioners, a teaching resource for academics, and a guide for military contractors. Some figures in the eBook will be in color. Presents a decision model for choosing the best Supply Chain Engineering (SCE) strategies for Service and Manufacturing Operations with respect to Industrial Engineering and Operations Research techniques Offers an economic comparison model for evaluating SCE strategies for manufacturing outsourcing as opposed to keeping operations in-house Demonstrates how to integrate automation techniques such as RFID into planning and distribution operations Provides case studies of SC inventory reductions using automation from AIT and RFID research Covers planning and scheduling, as well as transportation and SC theory and problems

Book Sustainable Logistics and Transportation

Download or read book Sustainable Logistics and Transportation written by Didem Cinar and published by Springer. This book was released on 2018-01-02 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focused on the logistics and transportation operations within a supply chain, this book brings together the latest models, algorithms, and optimization possibilities. Logistics and transportation problems are examined within a sustainability perspective to offer a comprehensive assessment of environmental, social, ethical, and economic performance measures. Featured models, techniques, and algorithms may be used to construct policies on alternative transportation modes and technologies, green logistics, and incentives by the incorporation of environmental, economic, and social measures. Researchers, professionals, and graduate students in urban regional planning, logistics, transport systems, optimization, supply chain management, business administration, information science, mathematics, and industrial and systems engineering will find the real life and interdisciplinary issues presented in this book informative and useful.

Book Supply Chain Optimization  Part II

Download or read book Supply Chain Optimization Part II written by and published by John Wiley & Sons. This book was released on 2007-11-28 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by the leading authority in the field, the Centre for Process Systems Engineering at Imperial College London, this book includes theoretical developments, algorithms, methodologies and tools in process systems engineering and applications from the chemical, energy, molecular, biomedical and other areas. It spans a whole range of length scales seen in manufacturing industries, from molecular and nanoscale phenomena to enterprise-wide optimization and control. As such, this will appeal to a broad readership, since the topic applies not only to all technical processes but also due to the interdisciplinary expertise required to solve the challenge. The ultimate reference work for years to come.

Book Supply Chain Intelligence

Download or read book Supply Chain Intelligence written by Kaushik Kumar and published by Springer Nature. This book was released on 2020-05-15 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an introduction to logistics and supply chain management and the application of evolutionary computation, focusing on specific fields related to supply chain issues, from strategic sourcing decisions, and production planning and control to inventory to logistics and its application using evolutionary / heuristics techniques. Bridging the gap between management research, decision-making and computer analysis, this interdisciplinary book features state-of-the-art descriptions of the corresponding problems and advanced methods for solving them.

Book The Oxford Handbook of Business and the Natural Environment

Download or read book The Oxford Handbook of Business and the Natural Environment written by Pratima Bansal and published by Oxford University Press. This book was released on 2012 with total page 717 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook discusses the main issues, research, and theory on business and the natural environment, and how they impact on different business functions and disciplines

Book Introduction to Management of Reverse Logistics and Closed Loop Supply Chain Processes

Download or read book Introduction to Management of Reverse Logistics and Closed Loop Supply Chain Processes written by Donald F. Blumberg and published by CRC Press. This book was released on 2004-11-29 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing legislative and environmental pressure requires businesses to become more responsive to products that either have been returned or that are at the end of their useful lives. Life cycles are getting shorter, and efficient handling can save large amounts of money since many materials can be extracted and reused or redistributed. Reverse lo