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Resilient Supply Chain Under Risks: A Network and Structural Perspective
2021
Journal:  
Iranian Journal of Management Studies
Author:  
Abstract:

Constant development and change in the supply chain lead the system to meet various risks. Thus, a proper procedure should be adopted to cope with such issues. This study addresses a bi-objective model to design a resilient and robust forward supply chain under uncertainty and multiple disruptions. The investigated objective functions include minimizing the total cost and the total non-resiliency of the network, which is tackled using the ε-constraint method. Notably, resilience strategies and two-stage stochastic programming are respectively considered to cope with disruption and operational risks. Ultimately, some random numerical benchmarked examples are applied to the model to confirm the proposed formulation’s performance. The results indicate that considering risks in the system leads to increased costs, but it would be profitable in the long term. Notably, a resilient chain can prevent system failure and enhance capabilities to reduce risk exposure costs and damages.

Keywords:

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2021
Author:  
0
2021
Author:  
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Iranian Journal of Management Studies

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 429
Cite : 325
2023 Impact : 0.067
Iranian Journal of Management Studies