Multi-objective green supply chain network optimization
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Abstract
In supply chain management, economical objectives have traditionally guided decisions of the supply chains. However, with increased global environmental and social concerns, in recent years, green aspects have been incorporated in supply chain decisions. These expansions lead to new research areas about green or sustainable supply chain management that includes applying various green practices in order to reduce negative impact on the environment or providing sustainable development. The purpose of this study is to develop a multi-objective optimization model for determining network design of the green supply chains. In multi-objective frame of the proposed model, total profit maximization and environmental impact minimization objectives are considered in order to obtain best network configuration for economic and environmental performance of the green chain. The proposed model is validated with numerical experiments. Obtained results showed that the model can be used as a strategic decision tool in problems with multi and conflicting objectives.
Keywords: green supply chain management, multi-objective modelling, network optimization.
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The Global Journal of Business Economics and Management: Current Issues is an open-access journal. The copyright holder is the author or authors. Licensee: Birlesik Dunya Yenilik Arastirma ve Yayincilik Merkezi, North Nicosia, Cyprus. All articles can be downloaded free of charge. Articles published in the Journal are Open-Access articles distributed under the CC-BY license [Attribution 4.0 International (CC BY 4.0)].