Optimal and stable supply chain services system: integrating management services with robust optimisation modelling Online publication date: Wed, 24-Dec-2014
by Catherine Xiaocui Lou; Wei Dai
International Journal of High Performance Computing and Networking (IJHPCN), Vol. 8, No. 1, 2015
Abstract: Developments in supply chain management (SCM) have dramatically increased within the past few years to cover a wide range of cross-disciplinary topics. With the significant developments in both technologies and business environments, a service system is proposed to work optimally under complex, globalised supply chain environments. Following the studies on SCM theories, this research develops a robust enterprise supply chain services framework taking into account of risk management in firm governance. Consequently, a robust supply chain services system (RSCSS) was built by combining optimisation modelling with the six-core management service modules of knowledge, data, task, information, communication and risk. In this system, the robust optimisation method was used to manage uncertainties. Importantly, by integrating the six-core management services modules with robust optimisation, this RSCSS can assist in supporting optimal and stable operations in a wide range of enterprises, especially for small and medium enterprises running global businesses dynamically and economically.
Online publication date: Wed, 24-Dec-2014
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