Order penetration point-based supply chain performance optimisation for SMEs (OPPO)
Journal article
Authors/Editors
Strategic Research Themes
Publication Details
Author list: Boonsothonsatit, Ganda; Chaopaisarn, Poti
Publisher: Inderscience
Publication year: 2022
Journal: International Journal of Logistics Systems and Management (1742-7967)
Volume number: 42
Issue number: 3
Start page: 427
End page: 439
Number of pages: 13
ISSN: 1742-7967
eISSN: 1742-7975
Languages: English-Great Britain (EN-GB)
Abstract
This paper aims to develop order penetration point-based supply chain performance optimisation for SMEs (OPPO). OPPO supports identifying critical performance measures and their root-causes, figuring out their intricate interrelations, and optimising their conflicts in consideration of their relative preferences. It provides the best-fitted solution for Pareto-optimal results. The OPPO development covered nine performance measures which were causally linked for identifying a few of critical performance measures and their root-causes. Their conflicts in consideration of their relative preferences were optimised using weighted max-min fuzzy goal programming (WMM-FGP) for providing Pareto optimality. As a result, supply chain cost and customer lead time were identified as critical performance measures. Their Pareto optimality in consideration of their relative preferences suggests the best-fitted product lot-size and position of order penetration point (OPP). © 2022 Inderscience Enterprises Ltd.. All rights reserved.
Keywords
order penetration point, small and medium-sized enterprises, supply chain performance measurement