Customer prioritization integrated supply chain optimization model with outsourcing strategies

Mushtaq, Iram and Umer, Muhammad and Khan, Muhammad Attique and Kadry, Seifedine (2022) Customer prioritization integrated supply chain optimization model with outsourcing strategies. Big data. ISSN 2167-6461 (https://doi.org/10.1089/big.2021.0292)

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Abstract

Pre-COVID-19, most of the supply chains functioned with more capacity than demand. However, COVID-19 changed traditional supply chains’ dynamics, resulting in more demand than their production capacity. This article presents a multiobjective and multiperiod supply chain network design along with customer prioritization, keeping in view price discounts and outsourcing strategies to deal with the situation when demand exceeds the production capacity. Initially, a multiperiod, multiobjective supply chain network is designed that incorporates prices discounts, customer prioritization, and outsourcing strategies. The main objectives are profit and prioritization maximization and time minimization. The introduction of the prioritization objective function having customer ranking as a parameter and considering less capacity than demand and outsourcing differentiates this model from the literature. A four-valued neutrosophic multiobjective optimization method is introduced to solve the model developed. To validate the model, a case study of the supply chain of a surgical mask is presented as the real-life application of research. The research findings are useful for the managers to make price discounts and preferred customer prioritization decisions under uncertainty and imbalance between supply and demand. In future, the logic in the proposed model can be used to create web application for optimal decision-making in supply chains.

  • Item type:Article
    ID code:87323
    Dates:
    Date
    Event
    29 April 2022
    Published
    29 April 2022
    Published Online
    29 April 2022
    Accepted
    Notes:This is the accepted version of the following article: Mushtaq, I, Umer, M, Khan, MA & Kadry, S 2022, 'Customer prioritization integrated supply chain optimization model with outsourcing strategies', Big data, which has now been formally published in final form at Big Data at https://doi.org/10.1089/big.2021.0292. This original submission version of the article may be used for non-commercial purposes in accordance with the Mary Ann Liebert, Inc., publishers’ self-archiving terms and conditions.
    Subjects:Social Sciences > Commerce > Business
    Department:Strathclyde Business School > Management Science
    Depositing user: Pure Administrator
    Date deposited:15 Nov 2023 09:46
    Last modified:09 Apr 2024 04:25
    URI:https://strathprints.strath.ac.uk/id/eprint/87323
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