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Book part
Publication date: 28 March 2022

Priyanka Vern, Naema Miftah and Anupama Panghal

The Agri-Food supply chain (AFSC) conventionally suffers from multifaceted transparency, integration, traceability, product quality, and many more. Recently, various digital…

Abstract

The Agri-Food supply chain (AFSC) conventionally suffers from multifaceted transparency, integration, traceability, product quality, and many more. Recently, various digital technologies have emerged, which reflect the potential to address the majority of such concerns. This chapter is an effort toward developing a vision for the future of the agri-food supply chain through digitalization. The technologies prominently covered in the chapter are the internet of things (IoT), blockchain, and artificial intelligence (AI). Different challenges the agri-food supply chain participants perceived in implementing digital technologies were identified through literature review and primary survey. The significant challenges are trained workforce, funds availability, and clarity on economic gains from digitalisation. In conclusion, few strategies toward the implementation of digital technologies in agri-food supply chains are discussed.

Book part
Publication date: 11 September 2020

Bartosz Sawik

Supply chain is an important aspect for all the companies and can affect many aspects of companies. Especially the disruption in supply chain is causing huge impacts and…

Abstract

Supply chain is an important aspect for all the companies and can affect many aspects of companies. Especially the disruption in supply chain is causing huge impacts and consequences that are difficult to deal with. This chapter presents a review of selected multiple criteria problems used in supply chain optimization. Research analyzed the multiple criteria decision-making methods to tackle the problem of supplier evaluation and selection. It also focuses on the problem of supply chain when a disruption happens and presents strategies to deal with the issue of disruptions in supply chain and how to mitigate the impact of disruptions. Prevention, response, protection, and recovery strategies are explained. Practical part is focused in the risk-averse models to minimize expected worst-case scenario by single sourcing. Computational experiments for practical examples have been solved using CPLEX solver.

Book part
Publication date: 11 September 2020

Ronald Klimberg and Samuel Ratick

When comparing and evaluating performance, decision-makers are concerned with providing a range of effective, efficient, and fair measures that can yield representative relative…

Abstract

When comparing and evaluating performance, decision-makers are concerned with providing a range of effective, efficient, and fair measures that can yield representative relative rankings for the units being evaluated. In this chapter, we apply three multicriteria benchmarking modeling techniques – weighted linear combination, data envelopment analysis (DEA), and ordered weighted average (OWA) – to an example dataset to provide a quantitative assessment of performance. Evaluation of the results demonstrates that each of these techniques has relative strengths and shortcomings. To take advantage of the relative strengths, and avoid some of the shortcomings that we observed, we develop and assess a promising new methodological approach, the order rated effectiveness (ORE) model. ORE uses the OWA unit ratings within a DEA optimization framework to provide an overall relative performance assessment.

Book part
Publication date: 11 September 2020

Bartosz Sawik

The newsvendor problem is fundamental to many operations management models. The problem focuses on the trade-off between the gains from satisfying demand and losses from unsold…

Abstract

The newsvendor problem is fundamental to many operations management models. The problem focuses on the trade-off between the gains from satisfying demand and losses from unsold products. The newsvendor model and its extensions have been applied to various areas, such as production plan and supply chain management. This chapter examines the study about newsvendor problem. In this research, there is a review of the contributions for the multiproduct newsvendor problem. It focuses on the current literature concerning the mathematical models and the solution methods for the multiitem newsvendor problems with single or multiple constraints, as well as with the risks. The objective of this research is to go over the newsvendor problem and bring into comparison different newsvendor models applied to the flower industry. A few case studies are described addressing topics related to the newsvendor problem such as discounting and replenishment policies, inventory inaccuracies, or demand estimation. Three newsvendor models are put into practice in the field of flower selling. A full database of the flowers sold by an anonymous retailer is available for the study. Computational experiments for practical example have been conducted with use of the CPLEX solver with AMPL programming language. Models are solved, and an analysis of different circumstances and cases is accomplished.

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