An Intelligent Approach for Optimizing Supply Chain Operations

H. C. W. Lau, L. Zhao, Dilupa Nakandala
2015 Journal of Economics Business and Management  
This paper aims to provide a model of supply chain management covering the principles of fuzzy logic for assessing performance of suppliers based on several pre-determined benchmarking metrics. Most important of all, it paves the way to extend this approach to tackle the issue of trans-shipment optimization where the stochastic nature of customer demand and supplier lead-time is taken into account. Index Terms-Fuzzy logic, logistic management, trans-shipment cost.
doi:10.7763/joebm.2015.v3.248 fatcat:nhej7qc2bzgmrkjo34kupkma3i