Paper Title :Reliability Assessment and Optimization Approach of Global Supply Chain System

Author :Yahya H. Daehy, Ahmed K. Alsaadi, Saleh Alghamdi, Krishna K. Krishnan

Article Citation :Yahya H. Daehy ,Ahmed K. Alsaadi ,Saleh Alghamdi ,Krishna K. Krishnan , (2016 ) " Reliability Assessment and Optimization Approach of Global Supply Chain System " , International Journal of Mechanical and Production Engineering (IJMPE) , pp. 18-21, Volume-4,Issue-11

Abstract : Due to the global outsourcing, supply chain system has become more complex and has faced high risks and disruptions. Many of the disruptions can occur at any time or any stage in the supply chain. Nowadays, businesses and industries are losing effort and money due to those disruptions. As prescription to improve quality, effectiveness, and profitability of the supply chain, companies have concerned about How to measure and optimize the reliability of the entire supply chain system. In addition, How to minimize the cost of processes throughout the supply chain system. This paper provides a pathway that measures the reliability rate of each component involved in the system as well as for the overall supply chain. Furthermore, the study illustrates an optimization model that helps to improve the reliability of the supply chain system with taking the cost indication into account in order to fulfill the reliability requirements and reach minimum cost. Index terms- Supply chain system, Reliability optimization, Minimum cost.

Type : Research paper

Published : Volume-4,Issue-11

	|		PDF	|	Viewed - 96	|	Published on 2016-12-09