Abstract
Nowadays, as companies are adopting strategies that are in a better balance with environmental friendly practices, so "Going Green" is becoming an effective strategy in terms of costs benefits and customer satisfaction. The focus of this paper is on the study of recollection in Closed Loop Supply Chain (CLSC), using system dynamics approach, by identifying and establishing relationships between variables in a CLSC system. A system dynamic model has been developed to simulate the influence of recollection on various factors like demand, sales, uncontrollable disposal, recycling rate, serviceable inventory, and the total profit. The results have indicated that, on a long term basis, closed loop supply chain can be successfully adopted to improve the cost benefits and to reduce the uncontrollable product disposals.
| Original language | English |
|---|---|
| Title of host publication | Proceedings - Asia Modelling Symposium 2013 |
| Subtitle of host publication | 7th Asia International Conference on Mathematical Modelling and Computer Simulation, AMS 2013 |
| Publisher | IEEE Computer Society |
| Pages | 187-192 |
| Number of pages | 6 |
| ISBN (Print) | 9780769551012 |
| DOIs | |
| Publication status | Published - 01-01-2013 |
| Event | 7th Asia International Conference on Mathematical Modelling and Computer Simulation, AMS 2013 - Kuala Lumpur, Malaysia Duration: 23-07-2013 → 25-07-2013 |
Conference
| Conference | 7th Asia International Conference on Mathematical Modelling and Computer Simulation, AMS 2013 |
|---|---|
| Country | Malaysia |
| City | Kuala Lumpur |
| Period | 23-07-13 → 25-07-13 |
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All Science Journal Classification (ASJC) codes
- Modelling and Simulation
Cite this
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Exploring closed loop supply chain for optimisation of environmental issues & total profit using system dynamics. / Fainaze, Hassan; Rodrigues, Lewlyn Lester Raj; Nair, Girish.
Proceedings - Asia Modelling Symposium 2013: 7th Asia International Conference on Mathematical Modelling and Computer Simulation, AMS 2013. IEEE Computer Society, 2013. p. 187-192 6664691.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
TY - GEN
T1 - Exploring closed loop supply chain for optimisation of environmental issues & total profit using system dynamics
AU - Fainaze, Hassan
AU - Rodrigues, Lewlyn Lester Raj
AU - Nair, Girish
PY - 2013/1/1
Y1 - 2013/1/1
N2 - Nowadays, as companies are adopting strategies that are in a better balance with environmental friendly practices, so "Going Green" is becoming an effective strategy in terms of costs benefits and customer satisfaction. The focus of this paper is on the study of recollection in Closed Loop Supply Chain (CLSC), using system dynamics approach, by identifying and establishing relationships between variables in a CLSC system. A system dynamic model has been developed to simulate the influence of recollection on various factors like demand, sales, uncontrollable disposal, recycling rate, serviceable inventory, and the total profit. The results have indicated that, on a long term basis, closed loop supply chain can be successfully adopted to improve the cost benefits and to reduce the uncontrollable product disposals.
AB - Nowadays, as companies are adopting strategies that are in a better balance with environmental friendly practices, so "Going Green" is becoming an effective strategy in terms of costs benefits and customer satisfaction. The focus of this paper is on the study of recollection in Closed Loop Supply Chain (CLSC), using system dynamics approach, by identifying and establishing relationships between variables in a CLSC system. A system dynamic model has been developed to simulate the influence of recollection on various factors like demand, sales, uncontrollable disposal, recycling rate, serviceable inventory, and the total profit. The results have indicated that, on a long term basis, closed loop supply chain can be successfully adopted to improve the cost benefits and to reduce the uncontrollable product disposals.
UR - http://www.scopus.com/inward/record.url?scp=84892492702&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84892492702&partnerID=8YFLogxK
U2 - 10.1109/AMS.2013.34
DO - 10.1109/AMS.2013.34
M3 - Conference contribution
SN - 9780769551012
SP - 187
EP - 192
BT - Proceedings - Asia Modelling Symposium 2013
PB - IEEE Computer Society
ER -