Assessing the Performances of Vendor Firms by Optimization Technique Industry 4.0 GSC Architectures

Assessing the Performances of Vendor Firms by Optimization Technique Industry 4.0 GSC Architectures

K. V. Geetha Devi, Shailesh Singh Thakur, Sourabh Kumar Singh
DOI: 10.4018/IJSESD.2021070101
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Abstract

Green supply chain is the process used for diminishing the exploitation of resources and producing sustainable technological development. The aim of the research work is to build the proficient Industry 4.0 green architectures index for assessing the feasible candidate choice. In the research work, a crisp numbers set-based MOORA-FMF advanced technique is executed for examining the Industry 4.0 green architectures of vendors firms. The managers are assisted with an Industry 4.0 green architectures index with optimization technique to quantify the performances of alternatives. Therefore, a real case study of a steel manufacturing plant is carried to simulate the proposed Industry 4.0 GSC architectures. Eventually, the results are presented in the conclusion.
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1. Introduction And State Of Arts

Supply chain management (SCM) is the grouping of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. Green supply dealt with a path in which innovations in supply chain management and process industry industries is carried out. The purchasing is considered in the extent of the environment concern. The practice of monitoring and escalating the green performance in the supply chain is called green supply chain. The GSCM idea specific focuses on how industries execute the vendor’s processes and technologies, as well as the vendors’ enabling to integrate green concerns and enhance the industry’s competitive merits Godfrey (1998), Green et al., (1998), Vachon and Klassen (2008).

Industry 4.0 revolution aids the Supply chain sub-systems with the super sensors and micro signal processors for serving the data across the production units. Industry 4.0 has integrated the real-time data with acquisition system between cross fictional section such as assembly, purchasing, material buffering etc of VM industries. Industry 4.0 revolution has assisted supply chain with several flexibilities i.e. size, variety, volume, mixed etc to make it more productive and effectual for future perspectives.

It has been seen that industry 4.0 green supply chain revolutions has brought the several modernisms in industries by Green buying, green marketing, production, network establishment, Green Logistic equipment, Green technology for recycling. A few literatures are conducted to build an advanced GSCM model. A few conducted literature survey are illustrated below:

Humphreys et al., (2003) recognized core green practices that control the mostly a industry’s management in this field, author integrated the green practices and supported the vendor selection process. Torres et al., (2004) confirmed the green supply chains to as the wastes reduction strategies within the manufacturing industries system to preserve the energy and avoid the indulgence of dangerous materials into the atmosphere. Rao and Holt (2005) searched possible linkages among green supply chain cycle, as it is found as an initiative for green enhancement, economic performance and competitiveness amongst companies in Asia. The result concluded the green supply chain might lead to an integrated green supply chain and can contribute to make industry economic stable. Michelsen et al., (2006) identified a few elements for evaluation of the vendor selection process. (Yao et al., 2007) GSCM has found as value added contents in a industry to make ensure the productivity of vendor chain metrics. Tseng (2008) explained that GSCM is executed as a strategic or profit making technique for improving the performance of an industry. Jabbour and Jabbour (2009) tried to make sure the Brazilian companies that green supply chain must be adopted for the vendor selection process. Further analyzed whether there is a relation between the levels of green production management and the inclusion of green practices in the companies ‘vendor evaluation. Toke et al. (2010) appraised the investigation of green practice and appraisement of green supply chain management in the field of vendor evaluation for manufacturing companies. Olugu et al. (2011) build a set of practices for evaluating the performance of the production green supply chain. Chen et al. (2012) talked about a procedure to resolve the complex GSCM strategy-evolution problems and evaluated the most significant activity in each business function. A case study pertaining to Taiwanese Electronics Company is conducted to recognize the procedure’s stability. Abdallah et al., (2012) explored a life cycle analysis to investigate the impact of carbon trading cycling process on supply chain pattern and vendor selections. Shen et al., (2013) investigated the GSCM with fuzzy multi practices technique for green vendors’ appraisement. In this regard, the authors have implemented a fuzzy set to decipher the human insight and converted into a solid crisp value. These verbal preferences are combined with fuzzy-TOPSIS to generate an overall performance score of an each vendor.

Diabat et al., (2013) prepared the impact of carbon cycling process on reverse supply chains. The authors investigated that vendor selections and green considerations under carbon emissions legislation can affect the carbon emissions savings due to reprocess industry. Benchmarking is found as the procedure for gathering the information about our firm performance and contrast against other industries and to set goals. Therefore, benchmarking is explored to practice the performance by using a specific indicators or practices.

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