A multi-objective integrated supplier selection-production-distribution model for re-furbished products: Towards a circular economy. (April 2023)
- Record Type:
- Journal Article
- Title:
- A multi-objective integrated supplier selection-production-distribution model for re-furbished products: Towards a circular economy. (April 2023)
- Main Title:
- A multi-objective integrated supplier selection-production-distribution model for re-furbished products: Towards a circular economy
- Authors:
- Muneeb, Syed Mohd
Asim, Zainab
Hajiaghaei-Keshteli, Mostafa
Abbas, Haidar - Abstract:
- Abstract: Re-furbishing is enabling technology for business models based on a circular economy. A company produces new products in the first phase and uses returned products to offer re-manufactured or re-furbished products in the second phase creating sustainable development. This paper aims to present an integrated supplier selection-distribution model of refurbished products. The three objectives of the given model are minimizing cost, minimizing carbon footprints and maximizing revenue generated from the process. The model starts with allocating the orders of re-furbishing essentials to selected suppliers and then generating an optimal distribution pattern of an integrated mix of returned products and re-furbishing essentials.Goal Programming is used to generate the results. Results show that the presented model optimally allocates orders to different suppliers and creates distribution patterns between intermediaries maintaining the flow of the supply chain This study is helpful for decision-makers to find solutions to supplier selection, order allocation, and product distribution problems as an integrated approach using a single model. Regarding the literature available and to the best of author's knowledge, this is the first attempt to develop an integrated model selecting the suppliers at one hand while creating the distribution patterns on the other hand under the operational constraints satisfying the objectives of cost and carbon footprints minimization and profitAbstract: Re-furbishing is enabling technology for business models based on a circular economy. A company produces new products in the first phase and uses returned products to offer re-manufactured or re-furbished products in the second phase creating sustainable development. This paper aims to present an integrated supplier selection-distribution model of refurbished products. The three objectives of the given model are minimizing cost, minimizing carbon footprints and maximizing revenue generated from the process. The model starts with allocating the orders of re-furbishing essentials to selected suppliers and then generating an optimal distribution pattern of an integrated mix of returned products and re-furbishing essentials.Goal Programming is used to generate the results. Results show that the presented model optimally allocates orders to different suppliers and creates distribution patterns between intermediaries maintaining the flow of the supply chain This study is helpful for decision-makers to find solutions to supplier selection, order allocation, and product distribution problems as an integrated approach using a single model. Regarding the literature available and to the best of author's knowledge, this is the first attempt to develop an integrated model selecting the suppliers at one hand while creating the distribution patterns on the other hand under the operational constraints satisfying the objectives of cost and carbon footprints minimization and profit maximization. The model is helpful in achieving economical and social benefits by minimizing the cost and maximizing the revenue as well as environmental sustainability by minimizing the carbon foot-prints. Highlights: Formulating integrated supplier selection and product distribution. Considering refurbishment process for the first time in this area. Probing the applicability of the model by numerical illustration. Creating different scenarios to test the effectiveness of the proposed model. … (more)
- Is Part Of:
- Renewable & sustainable energy reviews. Volume 175(2023)
- Journal:
- Renewable & sustainable energy reviews
- Issue:
- Volume 175(2023)
- Issue Display:
- Volume 175, Issue 2023 (2023)
- Year:
- 2023
- Volume:
- 175
- Issue:
- 2023
- Issue Sort Value:
- 2023-0175-2023-0000
- Page Start:
- Page End:
- Publication Date:
- 2023-04
- Subjects:
- Refurbishing -- Carbon foot-prints -- Multi-objective goal programming -- Supplier selection
Renewable energy sources -- Periodicals
Power resources -- Periodicals
Énergies renouvelables -- Périodiques
Ressources énergétiques -- Périodiques
333.794 - Journal URLs:
- http://www.sciencedirect.com/science/journal/13640321 ↗
http://www.elsevier.com/journals ↗
http://www.journals.elsevier.com/renewable-and-sustainable-energy-reviews ↗ - DOI:
- 10.1016/j.rser.2023.113156 ↗
- Languages:
- English
- ISSNs:
- 1364-0321
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 7364.186000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 25663.xml