Pandey, Ajay Kumar, Kumar, Amit, Kushwaha, Sneha, Dwivedi, Ashish
and Pratap, Saurabh
(2024)
Mathematical driven model for closed-loop supply chain network design.
In:
Proceedings of the 12th International Conference on Soft Computing for Problem Solving.
Lecture Notes in Networks and Systems, 995
.
Springer, Singapore, pp. 759-769.
ISBN 978-981-97-3292-0
Abstract
The closed-loop supply chain (CLSC) has gained popularity as a practical way to improve sustainability and resource efficiency in various industries. Unlike a linear supply chain, a CLSC adopts reverse logistics to recover, recycle, and reuse items or their components. This study creates a mathematical model for a reliable and effective CLSC model that integrates forward and reverse logistics operations to reduce costs, boost profits, and reduce environmental impact. A metaheuristic approach (Genetic Algorithm) is used to solve the model. The experimental findings show that the suggested strategy contributes in enhancing CLSC performance.
| Item Type: | Book Section |
|---|---|
| Keywords: | Closed-loop Supply Chain (CLSC) | CLSC model |
| Subjects: | Social Sciences and humanities > Business, Management and Accounting > Management of Technology and Innovation Physical, Life and Health Sciences > Engineering and Technology Social Sciences and humanities > Social Sciences > Social Sciences (General) |
| JGU School/Centre: | Jindal Global Business School |
| Depositing User: | Users 14 not found. |
| Date Deposited: | 17 Aug 2024 07:11 |
| Last Modified: | 17 Aug 2024 07:11 |
| Official URL: | https://doi.org/10.1007/978-981-97-3292-0_51 |
| URI: | https://pure.jgu.edu.in/id/eprint/8285 |
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