Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study

In a steel plant, one of the critical tasks of plant logistics is the transportation of the finished products. A steel company transportation system generally consists of a fleet of load-carrying trailers and rail, which are used to transport finished goods. In this paper, a two-stage mathematical m...

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Main Authors: Sharma Gaurav Kumar, Chatterjee Soumyadeep, Trivedi Ashish, Trivedi Vibha, Gharib Moaz
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Subjects:
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/92/e3sconf_icgest2023_03021.pdf
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author Sharma Gaurav Kumar
Chatterjee Soumyadeep
Trivedi Ashish
Trivedi Vibha
Gharib Moaz
author_facet Sharma Gaurav Kumar
Chatterjee Soumyadeep
Trivedi Ashish
Trivedi Vibha
Gharib Moaz
author_sort Sharma Gaurav Kumar
collection DOAJ
description In a steel plant, one of the critical tasks of plant logistics is the transportation of the finished products. A steel company transportation system generally consists of a fleet of load-carrying trailers and rail, which are used to transport finished goods. In this paper, a two-stage mathematical model is developed for an Indian company that helps with strategic planning of the supply of finished construction steel (TMT Bar and Structural Steel) from multiple plant locations to the stockyards and then to the distributors. The transportation cost depends on various factors like the type of transportation mode, loading & unloading charges, and other fixed expenses. The steel demand also varies based on the season and other external factors like COVID-19, government policies, and so forth. The model proposed in the present research facilitates cost-effective network planning by achieving the most appropriate dispatching method considering various factors operating in multiple stages using a mixed fleet of trailers and rail. The model’s key objective is to optimize the transportation cost and demand for construction steel.
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spelling doaj.art-78e6cd17c794463488638541f057421a2024-01-26T10:34:40ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014550302110.1051/e3sconf/202345503021e3sconf_icgest2023_03021Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case StudySharma Gaurav Kumar0Chatterjee Soumyadeep1Trivedi Ashish2Trivedi Vibha3Gharib Moaz4Jindal Steel and Power Ltd.Jindal Steel and Power Ltd.O. P. Jindal Global UniversityO. P. Jindal Global UniversityCollege of Commerce and Business Administration, Dhofar UniversityIn a steel plant, one of the critical tasks of plant logistics is the transportation of the finished products. A steel company transportation system generally consists of a fleet of load-carrying trailers and rail, which are used to transport finished goods. In this paper, a two-stage mathematical model is developed for an Indian company that helps with strategic planning of the supply of finished construction steel (TMT Bar and Structural Steel) from multiple plant locations to the stockyards and then to the distributors. The transportation cost depends on various factors like the type of transportation mode, loading & unloading charges, and other fixed expenses. The steel demand also varies based on the season and other external factors like COVID-19, government policies, and so forth. The model proposed in the present research facilitates cost-effective network planning by achieving the most appropriate dispatching method considering various factors operating in multiple stages using a mixed fleet of trailers and rail. The model’s key objective is to optimize the transportation cost and demand for construction steel.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/92/e3sconf_icgest2023_03021.pdfoptimizationtransportationconstruction steelmilpcovid-19
spellingShingle Sharma Gaurav Kumar
Chatterjee Soumyadeep
Trivedi Ashish
Trivedi Vibha
Gharib Moaz
Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
E3S Web of Conferences
optimization
transportation
construction steel
milp
covid-19
title Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
title_full Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
title_fullStr Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
title_full_unstemmed Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
title_short Bi-Stage Optimization Model For Transportation of Construction Steel: An Indian Case Study
title_sort bi stage optimization model for transportation of construction steel an indian case study
topic optimization
transportation
construction steel
milp
covid-19
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/92/e3sconf_icgest2023_03021.pdf
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