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Profit Optimisation in Three Echelon Supply Chain Revenue Management Through New heuristic Optimiser

Publication Type : Journal Article

Publisher : International Journal of Revenue Management

Source : International Journal of Revenue Management, Volume 3, Number 1, p.79-101 (2009)

Url : https://www.inderscienceonline.com/doi/abs/10.1504/IJRM.2009.023139

Campus : Coimbatore

School : School of Engineering

Department : Mechanical Engineering

Year : 2009

Abstract : In recent years, many of the developments in supply chain revenue management are connected to the need of information of efficient supply chain flow; modelling and optimisation, are most important in order to maximise the profit of supply chain because the cost of material, manufacturing and distribution and inventory accounts for 70-80% value of the product. Hence, tactical supply chain design has become a major challenge for firms so as to improve the revenue of the organisation. Particle swarm optimisation is used to optimise the supply chain operations with the objective of maximising the profit of the supply chain revenue.

Cite this Research Publication : R. S. Kadadevaramath, Prasad, P. S. S., Mohanasundaram, K. M., Immanuel, E. A., and K. Ramesh Kumar, “Profit Optimisation in Three Echelon Supply Chain Revenue Management Through New heuristic Optimiser”, International Journal of Revenue Management, vol. 3, pp. 79-101, 2009.

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