Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain
Supply chain management and optimization is a critical aspect of modern enterprises and an expanding area of research. Modeling and optimization are the traditional tools of supply chain management. The techniques have been used by many companies for planning, manufacturing, and other decision areas...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Management and Technology
2015-03-01
|
| Series: | Journal of Management and Research |
| Subjects: | |
| Online Access: | http://admin.umt.edu.pk/Media/Site/SBE1/SubSites/JMR/FileManager/articles/Role%20of%20optimal.pdf |
| _version_ | 1819117874845843456 |
|---|---|
| author | M.M. Haris Aslam Kamran Rashid Tashfeen M. Azhar |
| author_facet | M.M. Haris Aslam Kamran Rashid Tashfeen M. Azhar |
| author_sort | M.M. Haris Aslam |
| collection | DOAJ |
| description | Supply chain management and optimization is a critical aspect of modern enterprises and an expanding area of research. Modeling and optimization are the traditional tools of supply chain management. The techniques have been used by many companies for planning, manufacturing, and other decision areas in supply chains. Current study is motivated by the fact that optimization studies in supply chain management have mostly considered network optimization. Supply chain management however, requires alignment between the supply chain partners at the tactical level. As a first step towards achieving this goal, current study presents a model that incorporates the activity level planning at the focal firm in a supply chain. This paper presents a new mixed integer programming model that incorporates optimization of production planning at the focal firm while optimizing the strategic alignment of the supply chain entities. The model represents a four step, multi-echelon supply chain including supplier, warehouse, manufacturer, and retailer. The manufacturer
in this network represents the focal firm. This model is an attempt to integrate the production planning decisions in the network optimization decisions. |
| first_indexed | 2024-12-22T05:39:55Z |
| format | Article |
| id | doaj.art-b7d6cfd5cd474b5b82b500c765d4de8c |
| institution | Directory Open Access Journal |
| issn | 2218-2705 2519-7924 |
| language | English |
| last_indexed | 2024-12-22T05:39:55Z |
| publishDate | 2015-03-01 |
| publisher | University of Management and Technology |
| record_format | Article |
| series | Journal of Management and Research |
| spelling | doaj.art-b7d6cfd5cd474b5b82b500c765d4de8c2022-12-21T18:37:13ZengUniversity of Management and TechnologyJournal of Management and Research2218-27052519-79242015-03-011218Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply ChainM.M. Haris Aslam0Kamran Rashid1Tashfeen M. Azhar2Assistant Professor, Department of Operations & Supply Chain, University of Management and Technology Lahore, Email:Haris.aslam@umt.edu.pkAssistant Professor, Department of Operations & Supply Chain, University of Management and Technology Lahore, Email: Kamranrashid@umt.edu.pkProfessor, Department of Operations & Supply Chain, University of Management and Technology Lahore, Email: tashfeen@umt.edu.pkSupply chain management and optimization is a critical aspect of modern enterprises and an expanding area of research. Modeling and optimization are the traditional tools of supply chain management. The techniques have been used by many companies for planning, manufacturing, and other decision areas in supply chains. Current study is motivated by the fact that optimization studies in supply chain management have mostly considered network optimization. Supply chain management however, requires alignment between the supply chain partners at the tactical level. As a first step towards achieving this goal, current study presents a model that incorporates the activity level planning at the focal firm in a supply chain. This paper presents a new mixed integer programming model that incorporates optimization of production planning at the focal firm while optimizing the strategic alignment of the supply chain entities. The model represents a four step, multi-echelon supply chain including supplier, warehouse, manufacturer, and retailer. The manufacturer in this network represents the focal firm. This model is an attempt to integrate the production planning decisions in the network optimization decisions.http://admin.umt.edu.pk/Media/Site/SBE1/SubSites/JMR/FileManager/articles/Role%20of%20optimal.pdfSupply chain managementoptimizationaggregate production planningsupply chain optimizationnetwork models |
| spellingShingle | M.M. Haris Aslam Kamran Rashid Tashfeen M. Azhar Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain Journal of Management and Research Supply chain management optimization aggregate production planning supply chain optimization network models |
| title | Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain |
| title_full | Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain |
| title_fullStr | Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain |
| title_full_unstemmed | Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain |
| title_short | Role of Optimal Production Plan at the Focal Firm in Optimization of the Supply Chain |
| title_sort | role of optimal production plan at the focal firm in optimization of the supply chain |
| topic | Supply chain management optimization aggregate production planning supply chain optimization network models |
| url | http://admin.umt.edu.pk/Media/Site/SBE1/SubSites/JMR/FileManager/articles/Role%20of%20optimal.pdf |
| work_keys_str_mv | AT mmharisaslam roleofoptimalproductionplanatthefocalfirminoptimizationofthesupplychain AT kamranrashid roleofoptimalproductionplanatthefocalfirminoptimizationofthesupplychain AT tashfeenmazhar roleofoptimalproductionplanatthefocalfirminoptimizationofthesupplychain |