Consignment based integrated inventory model for deteriorating goods with price- and green-sensitive demand

Now-a-days, investment in greening in the process of manufacturing a product is extremely important for a sustainable supply chain management. Consignment stock policy have been studied for last four decades by many researchers in the development of a supply chain model. In this study, a green suppl...

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Bibliographic Details
Published in:Sadhana (Bangalore) 2023-12, Vol.49 (1), Article 13
Main Authors: Sen, Nabin, Bardhan, Sudarshan, Giri, Bibhas Chandra
Format: Article
Language:English
Subjects:
Engineering
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Summary:Now-a-days, investment in greening in the process of manufacturing a product is extremely important for a sustainable supply chain management. Consignment stock policy have been studied for last four decades by many researchers in the development of a supply chain model. In this study, a green supply chain model for deteriorating goods with one seller and one buyer is established. The extent of greening improvement and the selling price have an impact on demand. There are two generalized green supply chain models established, one with and one without consignment stock policy. To compare the outcomes of the two models, a comprehensive computational research is conducted. The sensitivity analysis for key model-parameters is also carried out and several managerial insights are derived from it.
ISSN:0973-7677
0973-7677
DOI:10.1007/s12046-023-02328-4