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An Optimal Method for Developing Global Supply Chain Management System

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  • Hao-Chun Lu
  • Yao-Huei Huang

Abstract

Owing to the transparency in supply chains, enhancing competitiveness of industries becomes a vital factor. Therefore, many developing countries look for a possible method to save costs. In this point of view, this study deals with the complicated liberalization policies in the global supply chain management system and proposes a mathematical model via the flow-control constraints, which are utilized to cope with the bonded warehouses for obtaining maximal profits. Numerical experiments illustrate that the proposed model can be effectively solved to obtain the optimal profits in the global supply chain environment.

Suggested Citation

  • Hao-Chun Lu & Yao-Huei Huang, 2013. "An Optimal Method for Developing Global Supply Chain Management System," Journal of Optimization, Hindawi, vol. 2013, pages 1-14, October.
    • Handle: RePEc:hin:jjopti:197370
    DOI: 10.1155/2013/197370
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    References listed on IDEAS

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