Location-inventory decisions for closed-loop supply chain management in the presence of the secondary market

Hao Guo, Ying Zhang (), Chunnan Zhang, Yu Liu and Yuan Zhou
Additional contact information
Hao Guo: Jinan University
Ying Zhang: The State University of New York at Buffalo
Chunnan Zhang: Temple University
Yu Liu: Wuhan University of Science and Technology
Yuan Zhou: University of Texas at Arlington

Annals of Operations Research, 2020, vol. 291, issue 1, No 14, 386 pages

Abstract: Abstract This paper studies a location-inventory problem in a closed-loop supply chain by considering the demand and sales in the primary and secondary markets. Based on a real business program in a big e-commerce company, we develop a mixed-integer nonlinear programming model with a single hybrid production-recovery center, multiple hybrid distribution-collection centers, and many customer zones. As a closed-loop system, forward and reverse logistics flows in each market are considered, and the logistics flows between the two markets are also captured. Moreover, a novel heuristic approach based on differential evolution is designed to solve the model efficiently, and its performance is also compared with other popular methods. Finally, research implications and managerial insights are provided to advance real-world practices.

Keywords: Location-inventory problem; Closed-loop supply chain; Secondary market; Reverse logistics; Differential evolution; Consumer returns (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s10479-018-3039-0

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