Journal
COMPUTERS & INDUSTRIAL ENGINEERING
Volume 115, Issue -, Pages 69-79Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.cie.2017.11.003
Keywords
Stochastic supply chain; Benders decomposition algorithm; Industrial Clusters (IC); Small and Medium Enterprises (SMEs)
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An Industrial Cluster (IC) is a set of similar and interrelated firms in a specific field situated in a geographic concentration to share joint resources. To date, the interrelations between ICs and Supply Chain Management (SCM) have been improperly mathematically studied, despite their inherent relationship. In this paper, a Supply Demand Hub in Industrial Clusters (SDHIC) as a specific common provider of warehousing and logistics activities managed by a third-party logistics provider (3PL) is proposed to minimize the total cost of the considered supply chain. Activities of businesses in IC is modeled thorough a two-stage stochastic programming model followed by an acceleration techniques for the Benders decomposition. The numerical experiments comprising sensitivity analysis are conducted over a case study to show the attractiveness of the proposed model. Some managerial insights are presented based on the obtained results.
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