Multi-Objective Optimization for Supply Chain Management : A Literature Review and New Development

• Research  regarding  supply  chain   optimization   has been  performed  for  a  long  time.  However,  it’s  only  in  the  last decade  that  the  research  community  has  started  to  investigate multi-objective optimization for supply chains. Supply chains are in  general  complex  networks  composed  of  autonomous  entities whereby   multiple   performance   measures   in   different   levels, which  in  most  cases  are  in  conflict  with  each  other,  have  to  be taken into account. In this paper, we present a literature review of    existing    multi-objective    optimization    applications,    both analytical-based    and    simulation-based,    in    supply    chain management  publications.  Based  on  the  literature  review,  the need    for    research    in    a    multi-objective    and    multi-level optimization   framework   for   supply   chain   management   is proposed. Such a framework considers not only the optimization of  the  overall  supply  chain,  but  also  for  each  entity  within  the supply chain, in a multi-objective optimization context.

Nyckelord

Multi-Objective Optimization

Supply Chain Management

Simulation-Based Optimization

Teknik

Technology

Publikations- och innehållstyp

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