3 research outputs found
Supply chain integration through ship routing optimization among BRICS by using meta-heuristic technique
Get PDF397-402Acquiring and distribution of goods among BRICS countries by way of supply chain integration through route optimization of a fleet of vessels to serve customers of coined members with minimum total cost and sum of demurrage cost (charged by port) and detention cost (charged by ocean carriers), arising from earliness and tardiness in ship’s arrival at ports with respect to the delivery deadlines of customers, is a homogeneous heterogeneous ship routing problem with time window (HHSRPTW), which involves the routing of a set of ships with known demands and predefined time windows as well as delivery time. To solve the problem, this study proposes a genetic algorithm as an optimization technique and MATLAB as a software tool
Supply Chain Integration and Logistics Management among BRICS: A Literature Review
Get PDFAbstract: -Supply chain management encompasses the routing and scheduling of inventory maneuver to desired allocation in an economic mode for satisfying the all end-users by prompt connectivity and communication between the links of supply chain. In this article efforts have been made to explore the series of challenges in BRICS countries in supply chain connectivity to achieve the revolution of coined word, which is "Broad vision and shared prosperity, also security and prosperity" this paper exposes the impacting key constraints on economic and smooth supply chain execution country wise, specifically Brazil, Russia, India, China, South Africa, also discusses the approaches to overcome the loose poles in supply chain system by enhancing internationalization and globalization ,which relates to quantitative and qualitative strengthening in the field of finance and technology
