Research on Supply Chain Recovery Strategy under Disruption Risks

Authors

Yang Yi, 1. Shanghai University, Shanghai 200444, China; ;
Peng Chen, 1. Shanghai University, Shanghai 200444, China; ;
Yujiu Yang, 2. Tsinghua Shenzhen International Graduate School, Shenzhen 518055, China;
Yulong Wang, 1. Shanghai University, Shanghai 200444, China; ;

Abstract

Abstract: Aiming at supply chain disruptions, two effective supply chain recovery strategies are proposed, namely, a supplier’s preset emergency inventory strategy and a manufacturer’s product change strategy, meanwhile, emergency inventory storage cost and products return rate after change are also taken into consideration. In order to maximize the manufacturer’s profit and customer satisfaction, a single-objective model and a bi-objective model are established, respectively. The optimization problems in the two models are transformed into mixed integer programming problems, moreover, corresponding solution algorithms are presented based on ILOG CPLEX. The simulation results show that the disruption recovery strategies proposed can not only help suppliers to reduce losses effectively, but also meet the market demands well.

Recommended Citation

Yi, Yang; Chen, Peng; Yang, Yujiu; and Wang, Yulong (2022) "Research on Supply Chain Recovery Strategy under Disruption Risks," Journal of System Simulation: Vol. 33: Iss. 12, Article 2.
DOI: 10.16182/j.issn1004731x.joss.21-0825
Available at: https://dc-china-simulation.researchcommons.org/journal/vol33/iss12/2

First Page

2771

Revised Date

2021-10-08

DOI Link

https://doi.org/10.16182/j.issn1004731x.joss.21-0825

Last Page

2781

CLC

TP391.9

Recommended Citation

Yang Yi, Peng Chen, Yang Yujiu, Wang Yulong. Research on Supply Chain Recovery Strategy under Disruption Risks[J]. Journal of System Simulation, 2021, 33(12): 2771-2781.

Corresponding Author

Peng Chen,

DOI

10.16182/j.issn1004731x.joss.21-0825