Title | ||
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Integrating Data Visibility Decision In A Multi-Objective Procurement Transport Planning Under Risk: A Modified Nsga-Ii |
Abstract | ||
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The purpose of this paper is an in-depth investigation of the interplay between suppliers' data visibility and procurement risks in the supplier selection and procurement planning problem. The role of suppliers' ability to share high-quality data is incorporated into a decision-making environment. We consider supply chain visibility (as an exogenous decision) to increase the buyer's awareness of the order status and manage supply chain risks. In doing so, a multi-attribute information visibility index is proposed to measure suppliers' capability to share the required visible data. A novel multi-objective mixed-integer programming model is then developed to determine the cross-functional policy of purchasing and transportation under risk. A Non-dominated Sorting Genetic Algorithm (NSGA-II) is also tailored to attain Pareto-optimal solutions. Our result indicates the superiority of the proposed NSGA-II algorithm. (C) 2021 Elsevier B.V. All rights reserved. |
Year | DOI | Venue |
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2021 | 10.1016/j.asoc.2021.107406 | APPLIED SOFT COMPUTING |
Keywords | DocType | Volume |
Supply data quality, Multi-objective optimization, Procurement planning, Visibility and risk interface, NSGA-II | Journal | 107 |
ISSN | Citations | PageRank |
1568-4946 | 1 | 0.35 |
References | Authors | |
0 | 2 |
Name | Order | Citations | PageRank |
---|---|---|---|
Fereshte Shabani-Naeeni | 1 | 1 | 0.35 |
R. Ghasemy Yaghin | 2 | 1 | 0.35 |