Joint effects of variable carbon emission cost and multi-delay-in-payments under single-setup-multiple-delivery policy in a global sustainable supply chain
- Title
- Joint effects of variable carbon emission cost and multi-delay-in-payments under single-setup-multiple-delivery policy in a global sustainable supply chain
- Author
- Sarkar, Biswajit
- Keywords
- Sustainable supply chain; Carbon emission; Multi-level trade credit; Single-setup-multi-delivery policy; Variable transportation
- Issue Date
- 2018-06
- Publisher
- ELSEVIER SCI LTD
- Citation
- JOURNAL OF CLEANER PRODUCTION, v. 185, Page. 421-445
- Abstract
- In today's global market, supply chain players have to cooperate mutually for extra benefits, long lasting paybacks, and to control carbon emission for a clean environment. This study develops the three-echelon sustainable supply chain model in the context of multi-level trade credit and single-setup-multiple-delivery policy for mutual coordination in financial support and reducing carbon emissions. These joint effects will benefit the firms for interim financing as well as minimize carbon emission for a clean environment. This model quantifies the effects of the environmental regulations and trade credit period under the single-setup-multiple-delivery policy. The supplier produces semi-finished items and transports it to the manufacturer, the manufacturer transform these semi-finished items into final products. These finished products finally transported to multi-retailer. The shipments are permitted to proceed from the particular lot during production instead after completing the entire lot This strategy save the environment by minimizing carbon emission. Additionally, a multi-level trade credit policy is considered in this model for short-term investment. An algebraic approach is used to derive a closed form optimal result for the designed model. This non-derivative method provides the effective solution algorithm. The main contribution of this study is to minimize the sustainable supply chain cost of the system by jointly considering the multi-level delay-in-payment, variable carbon emission cost, and variable transportation cost under the single-setup-multi-delivery policy. The study presents an optimal solution for the individual scenario and also derived a comparison between them with a numerical example. The findings directed that implementation of multi-level trade credit under single setup-multiple-delivery improves the economic and environmental performance of three-echelon supply chain. Sensitivity analysis of the developed study is also illustrated to prove the real practice. (C) 2018 Elsevier Ltd. All rights reserved.
- URI
- https://www.sciencedirect.com/science/article/pii/S0959652618305456https://repository.hanyang.ac.kr/handle/20.500.11754/81124
- ISSN
- 0959-6526
- DOI
- 10.1016/j.jclepro.2018.02.215
- Appears in Collections:
- COLLEGE OF ENGINEERING SCIENCES[E](공학대학) > INDUSTRIAL AND MANAGEMENT ENGINEERING(산업경영공학과) > Articles
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