Thursday, February 21, 2019
An Overview of Representative Problems
Krarup & Pruzan 27 puddle reviewed research on traditional adeptness status models that aim to minimize the sum of the fixed facility location and transportation costs by choosing the optimal facility locations among given app atomic number 18nt sites to serve a set of customers. The objective function and constraints of these models are linear, further the resulting problems are NP-complete.Melo, Nickel and Saldahna 25 have reviewed facility location models in render Chain and they focused more on integration of location decisiveness along with other decision variables in the supply drawing string design. They historied that the role of facility location is decisive in supply chain net take a shit planning and this role is becoming more important with the change magnitude need for more comprehensive models that capture the real life constraint scenarios in detail.Leyla, Mark & Collette 29 in their recent publication claimed first work in the logistics literature that analyz es the potential savings that can be achieved by allowing a retailer to be sourced by more than one warehouse. They have proposed to leverage information technology to maximize the potential benefits.Huang et al. 30 paid vigilance to the opportunity of getting lower supplier prices by locating the warehouse correctly. In that theory, the optimal locations gravitate towards locations of the suppliers offering lower prices. However, if the price divergence is high, the optimal location moves towards the demands center of gravity. In those cases, it is beneficial for the organization to handgrip the location near that center of gravity and pay less worry to the supplier prices and supplier locations.The Research ProblemMany business managers are intending to answer following questions in the Post GST Scenario Will GST implementation modify supply chain network redesigning and Warehouse consolidation? Is it achievable to realise economic value and competitive advantage by alterin g the existent network to the more efficient one?This project aims to study possible benefits of restructuring the warehouse network for a Food product company for their compass north India region in post GST set up.
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