Particle swarm optimization approach for the supply-chain

Hashemi, Seyed Mahmood (2025) Particle swarm optimization approach for the supply-chain. Global Journal of Engineering and Technology Advances, 24 (2). pp. 170-174. ISSN 2582-5003

Supply chain management (SCM) is a critical component of modern business operations, encompassing the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. This paper aims to provide a comprehensive overview of supply chain management, exploring its fundamental concepts, then proposes an approach for it. Supply chain management has evolved into a vital area of study and practice within the field of operations management. The SCM problem involves the coordination and integration of these flows both within and among companies. The objective of SCM is to maximize customer value and achieve a sustainable competitive advantage. This paper will explore the key components of supply chain management, the challenges faced by organizations, and the innovations that are transforming the landscape of SCM. In this paper we define goals for SCM. Next we solve the problem with the Multi-Objective Particle Swarm Optimization (MOSOP). Since there is more than one goal, we use PARETO theorem that is allow us to optimize different goals simultaneously. Multi-Objective approach causes to trade-off between optimum values of goals, so it has more potential to adopt with the real world conditions.