Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy

Product distribution in supply chain management has been hotly debated during the last decade. However, during COVID-19, many supply chains suffered from sudden changes in local market demands. Such changes cause a bullwhip effect throughout a supply chain, making it unable to respond rapidly. This...

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Main Authors: Delgoshaei, Aidin, Anuar Ariffin, Mohd Khairol
Format: Article
Language:English
Published: EDP Sciences 2024
Online Access:http://psasir.upm.edu.my/id/eprint/116211/
http://psasir.upm.edu.my/id/eprint/116211/1/116211.pdf
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author Delgoshaei, Aidin
Anuar Ariffin, Mohd Khairol
author_facet Delgoshaei, Aidin
Anuar Ariffin, Mohd Khairol
author_sort Delgoshaei, Aidin
building UPM Institutional Repository
collection Online Access
description Product distribution in supply chain management has been hotly debated during the last decade. However, during COVID-19, many supply chains suffered from sudden changes in local market demands. Such changes cause a bullwhip effect throughout a supply chain, making it unable to respond rapidly. This research develops a new model for distributing products in the food chain using real urban and geographical data of blockchain technology. The aim is to re-adjust the product distribution plans by using a horizontal layer product distribution readjustment strategy while local markets confront sudden market changes. To address the problem, a heuristic was proposed and coded by Python based on the largest density-distance rule. Then, to evaluate the performance of the proposed method, the schedules are assessed with some metrics gathered in the literature. For this purpose, a Full Factorial design of experiments is generated by Python. Moreover, the outcomes are compared with those gained from short-traveling time and greedy loading-based heuristics. The results showed that using the horizontal layer product distribution readjustment strategy for modifying the initial schedules could prevent lost sales in all studied cases. Besides, by responding to sudden market demand changes rapidly, which subsequently prevents lost sales, more profits were gained in 58.3% of the studied cases. In addition, in 61.11% of studied cases, the proposed method was faster than other studied heuristics in terms of computational time. © The authors. Published by EDP Sciences, ROADEF, SMAI 2024.
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spelling upm-1162112025-03-20T08:09:32Z http://psasir.upm.edu.my/id/eprint/116211/ Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy Delgoshaei, Aidin Anuar Ariffin, Mohd Khairol Product distribution in supply chain management has been hotly debated during the last decade. However, during COVID-19, many supply chains suffered from sudden changes in local market demands. Such changes cause a bullwhip effect throughout a supply chain, making it unable to respond rapidly. This research develops a new model for distributing products in the food chain using real urban and geographical data of blockchain technology. The aim is to re-adjust the product distribution plans by using a horizontal layer product distribution readjustment strategy while local markets confront sudden market changes. To address the problem, a heuristic was proposed and coded by Python based on the largest density-distance rule. Then, to evaluate the performance of the proposed method, the schedules are assessed with some metrics gathered in the literature. For this purpose, a Full Factorial design of experiments is generated by Python. Moreover, the outcomes are compared with those gained from short-traveling time and greedy loading-based heuristics. The results showed that using the horizontal layer product distribution readjustment strategy for modifying the initial schedules could prevent lost sales in all studied cases. Besides, by responding to sudden market demand changes rapidly, which subsequently prevents lost sales, more profits were gained in 58.3% of the studied cases. In addition, in 61.11% of studied cases, the proposed method was faster than other studied heuristics in terms of computational time. © The authors. Published by EDP Sciences, ROADEF, SMAI 2024. EDP Sciences 2024 Article PeerReviewed text en cc_by_4 http://psasir.upm.edu.my/id/eprint/116211/1/116211.pdf Delgoshaei, Aidin and Anuar Ariffin, Mohd Khairol (2024) Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy. RAIRO - Operations Research, 58 (6). pp. 4741-4768. ISSN 2804-7303; eISSN: 2804-7303 https://www.rairo-ro.org/articles/ro/abs/2024/06/ro230194/ro230194.html 10.1051/ro/2024141
spellingShingle Delgoshaei, Aidin
Anuar Ariffin, Mohd Khairol
Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title_full Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title_fullStr Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title_full_unstemmed Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title_short Blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
title_sort blockchain technology and mitigating bullwhip effect in supply chains with uncertain markets: a horizontal layer product distribution strategy
url http://psasir.upm.edu.my/id/eprint/116211/
http://psasir.upm.edu.my/id/eprint/116211/
http://psasir.upm.edu.my/id/eprint/116211/
http://psasir.upm.edu.my/id/eprint/116211/1/116211.pdf