IDEAS home Printed from https://ideas.repec.org/a/ids/ijpman/v21y2024i4p498-524.html
   My bibliography  Save this article

A classical and simulated approach of cost optimisation in reverse logistics process for e-commerce business

Author

Listed:
  • Ayan Kundu
  • Monalisa Masanta
  • Prasun Das
  • Arijit Bhattacharyya

Abstract

The purpose of this paper is to establish the proper utilisation and allocation of resources in an e-commerce reverse logistics network to minimise the overall cost. This study formulates the reverse logistics network of e-commerce business into a binary integer programming model. It solves a numerical problem by this classical approach to find out the optimal cost through optimal assignment of resources and path allocation for transporting the products. Simulation is performed next to replicate the real-life reverse logistics scenario of e-commerce business. Finally, a sensitivity analysis is carried out to observe the impact of proper utilisation of the resources on reducing the total operation cost significantly. It encourages e-commerce business for optimal allocation of logistics agents and vehicles, and utilisation of the regional hubs and sorting facilities for transporting the returned products. The study also highlights the scope of future research both from theoretical and managerial perspectives.

Suggested Citation

  • Ayan Kundu & Monalisa Masanta & Prasun Das & Arijit Bhattacharyya, 2024. "A classical and simulated approach of cost optimisation in reverse logistics process for e-commerce business," International Journal of Procurement Management, Inderscience Enterprises Ltd, vol. 21(4), pages 498-524.
  • Handle: RePEc:ids:ijpman:v:21:y:2024:i:4:p:498-524
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=142790
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijpman:v:21:y:2024:i:4:p:498-524. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=255 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.