Resilient Supply Chain Under Risks: A Network and Structural Perspective

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

Constant development and change in the supply chain lead the system to meet various risks. Thus, a proper procedure should be adopted to cope with such issues. This study addresses a bi-objective model to design a resilient and robust forward supply chain under uncertainty and multiple disruptions. The investigated objective functions include minimizing the total cost and the total non-resiliency of the network, which is tackled using the ε-constraint method. Notably, resilience strategies and two-stage stochastic programming are respectively considered to cope with disruption and operational risks. Ultimately, some random numerical benchmarked examples are applied to the model to confirm the proposed formulation’s performance. The results indicate that considering risks in the system leads to increased costs, but it would be profitable in the long term. Notably, a resilient chain can prevent system failure and enhance capabilities to reduce risk exposure costs and damages.

Language:
English
Published:
Iranian Journal of Management Studies, Volume:14 Issue: 4, Autumn 2021
Pages:
735 to 760
magiran.com/p2317319  
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