Abstract
An Industrial Cluster (IC) is a set of similar and interrelated firms in a specific field situated in a geographic concentration to share joint resources. To date, the interrelations between ICs and Supply Chain Management (SCM) have been improperly mathematically studied, despite their inherent relationship. In this paper, a Supply-Demand Hub in Industrial Clusters (SDHIC) as a specific common provider of warehousing and logistics activities managed by a third-party logistics provider (3PL) is proposed to minimize the total cost of the considered supply chain. Activities of businesses in IC is modeled thorough a two-stage stochastic programming model followed by an acceleration techniques for the Benders decomposition. The numerical experiments comprising sensitivity analysis are conducted over a case study to show the attractiveness of the proposed model. Some managerial insights are presented based on the obtained results.
| Original language | English |
|---|---|
| Pages (from-to) | 69-79 |
| Number of pages | 11 |
| Journal | Computers and Industrial Engineering |
| Volume | 115 |
| DOIs | |
| Publication status | Published - Jan 2018 |
| Externally published | Yes |
Keywords
- Benders decomposition algorithm
- Industrial Clusters (IC)
- Small and Medium Enterprises (SMEs)
- Stochastic supply chain
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