Academics' and practitioners' interest in sustainable supply chain management has received great concern in recent years. The application of biaxially-oriented polypropylene (BOPP) plastic film has had a significant influence on the economic, environmental and social performance of supply chain management. However, research on the integration of these three sustainable dimensions is still rare in this field. In this paper, we identify sustainability criteria based on a triple bottom line approach (economic benefit, environmental protection and social responsibility) from the supply chain perspective, develop a hybrid multi-criteria decision making framework to evaluate the criteria and select alternatives and apply the proposed approach to a real case study at a focal BOPP plastic film company in China. In the framework, a fuzzy analytical hierarchy process (FAHP) is used to determine the performance criteria weights and a fuzzy technique for order performance by similarity to ideal solution (FTOPSIS) is applied to rank the alternatives. The case study finds that the economic dimension was the most important aspect with environmental second and social third. The results also verify the effectiveness of the proposed framework. This paper develops an effective and systematic approach for decision makers to conduct evaluations and select optimal alternatives for focal plastic film companies.
Sustainable supply chain network design has attracted great attention of academia and industry in recent years. Baijiu is one of the world’s oldest distilled alcoholic beverages and plays a significant role in Chinese culture and Chinese people’s daily life. As the production and consumption of Baijiu have a significant influence on the economic, environmental, and social performance of supply chain management, sustainable supply chain network design decisions are critical to the long-term success of the industry. In concert with the rapidly growing Chinese economy, there is a growing demand for a sustainable Baijiu industry. Therefore, this paper constructs and optimizes a network decision-support model for a sustainable Baijiu industry network design. To achieve this, the Baijiu supply chain is examined and a model is proposed for a design that encompasses economic (costs), environmental (carbon emissions), and social (local employment and regional per capita GDP) dimensions. R language programming is then applied to solve the model. A case example indicated that S1 was the optimal decision for reducing costs, S2 was the optimal solution for minimizing carbon emissions, and S3 was the best for maximizing the social impact. Considering the situation of the Baijiu industry and the focal enterprise, it was concluded that S1 would be the best solution for the case company. And the results verified the effectiveness of the framework. This paper develops a systematic and effective approach that decision-makers can use to conduct sustainable network design for Baijiu enterprises.
Uncertainties in product demand, component yield, and spot price are keys to many industrial settings and they are usually explicitly incorporated. This paper develops an analytical framework to value option contracts in hedging the risks in a supply chain consisting of a component supplier with random yield and a manufacturer facing stochastic demand for end products. The manufacturer can obtain the components from the supplier through firm order contracts and option contracts. Apart from the contract market, there is a spot market in which both the manufacturer and the supplier can buy or sell the components. Analytical expressions for the optimal ordering and production policies are derived. Our study shows that the manufacturer and the supplier can effectively deal with the risks they involve by adopting option contracts. However, we find that the supply chain cannot be coordinated by the traditional option contract. To coordinate such system, we propose a protocol to be combined with the option contract. Finally, the explicit condition for coordination under the proposed contracts is identified.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.