Boonsothonsatit, G., Chaopaisarn, P., 2020. Order Penetration point-based supply chain Performance Optimization for SMEs (OPPO). International Journal of Logistics Systems and Management (in Press)
Abstract: This paper aims to develop order penetration point-based supply chain performance optimization for SMEs (OPPO). The OPPO supports identifying critical performance measures and their root-causes, figuring out their intricate interrelations, and optimizing their conflicts in consideration of their relative preferences. It provides the best-fitted solution for Pareto-optimal results. The OPPO development covered nine performance measures which were causally linked for identifying a few of critical performance measures and their root-causes. Their conflicts in consideration of their relative preferences were optimized using weighted max-min fuzzy goal programming (WMM-FGP) for providing Pareto optimality. As a result, supply chain cost and customer lead time were identified as critical performance measures. Their Pareto optimality in consideration of their relative preferences suggests the best-fitted product lot-size and position of order penetration point (OPP).
Keywords: Supply chain performance measurement; Order penetration point; Optimization; Small and medium-sized enterprises