OPERATIONS RESEARCH METHODS FOR SUPPLY CHAIN MANAGEMENT AND LOGISTICS

Dr. Fluturim Saliu · Rashmi Rani Patro · Rojalini Patro · S. Ramesh

Jul 2023 · Xoffencerpublication

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236

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About this ebook

The preparation, organization, and administration of items, components, and whole commodities from the point of origin to the point of consumption is referred to as the "supply chain," and the word "supply chain" refers to the process. The supply chain also refers to the process that comprises the preparation, organization, and administration of these things. In addition to this, SC is responsible for monitoring the circulation of materials within the company as well as the collecting of information from every area of the business. The act of regulating and coordinating all of these processes in order to provide a sustainable advantage over the competition is referred to as management of the supply chain, or SCM for short. This is a term that is frequently used interchangeably with management of the supply chain. On the other hand, supply chain management is distinguishable from other approaches due to the fact that it takes into consideration a wide variety of strategic, technical, and financial concerns. As the practice of supply chain management develops into its own distinct field, it is vital to take into account the role that the Operations Research (OR) model plays in operational supply chain management. Since the year 1985, the most significant amounts of focus have been directed into the development, operation, and investigation of SCs. Improving SC's overall performance seems to be one of the most widespread competitive difficulties that managers are now facing, and it gives the impression of being a substantial obstacle for them to overcome. Offered 23 different kinds of models that might be employed in supply chain management logistics operations and made a compelling case for the use of OR/MS technology in order to facilitate the consolidation and transformation of logistical activities also provided a total of 23 distinct types of models that are applicable to the management of supply chains. They did note, however, that in order to provide a realistic model of the multi-stage SC, all of these separate models need to be appropriately synchronized with one another.

About the author

Dr. Fluturim Saliu, is Associate Professor, Faculty of Economics in University of Tetova, St. Ilinden bb 1200, Tetovo 1220, North Macedonia. His Main subjects are Statistics, Business Decision Making and Operational Research. He has Born on March 26th 1976 in Kichevo, North Macedonia. Middle and High School were completed in Kichevo. Economic faculty was completed at the University of Tetova in 2003. Master degree-Economic faculty, University of Prishtina, Kosovo in 2008 and Doctorates degree was achieved at the University of Bitola, North Macedonia in 2013. Professional experience: 2003/04 Math teacher at the middle school “Sande Shterjoski”, Kichevo; He has also visited some regional and global universities with cooperation projects, such as Växjö University-Sweden, Staffordshire University-UK, Ljubljana University Slovenia, University of Durrës- Albania, Gjilan College-Kosovo

Rashmi Rani Patro received her Phd degree from Siksha ‘O’ Anusandhan Deemed to be University in the Department of Computer Science and Engineering. She completed her B.tech degree in 2005 and M.tech degree in 2010. Her current area of research is Digital Business, Operations Research and Data mining.

Rojalini Patro received her Phd degree from Siksha ‘O’ Anusandhan Deemed to be University, Bhubaneswar, India. She is currently working as an Assistant Professor in the Department of Mathematics, K L Deemed to be University,Vijayawada,India. Her research interests include Fuzzy Optimization Theory and Operations Research.

S. Ramesh, PhD-Research Scholar-final-Business Management in Bharat Institute of Higher Education and Research, Chennai, Tamil Nadu, India and Running small scale business also I did PG Diploma in Personnel Management and Industrial Relations, MBA- Finance and MPhil-Management in Alagappa University, Tamil Nadu. I have published many research articles.

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