A blockchain-based inventory system with lot size-dependent lead times and uncertain carbon footprints

Priyan, S.

doi:10.1016/j.jjimei.2024.100225

International Journal of Information Management Data Insights

2024

DOI: 10.1016/j.jjimei.2024.100225

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A blockchain-based inventory system with lot size-dependent lead times and uncertain carbon footprints

S. Priyan

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Stage-wise green supply chain management and environmental performance: Impact of blockchain technology

Jasrotia,

Rai,

Rai

et al. 2024

International Journal of Information Management Data Insights

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Stage-wise green supply chain management and environmental performance: Impact of blockchain technology

Jasrotia,

Rai,

Rai

et al. 2024

International Journal of Information Management Data Insights

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A comprehensive inventory management model with weibull distribution deterioration, ramp-type demand, carbon emission reduction, and shortages

Palanivel,

Venkadesh,

Vetriselvi

2024

Supply Chain Analytics

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Imperfect Production–Inventory Models for Deteriorating Items With Carbon Cap-and-Trade Policy and Advance-Cash- Credit Payment

Lu,

Gu,

Yang

et al. 2024

IEEE Access

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Global warming, driven by excessive carbon emissions, harms nature and society. Governments' carbon reduction policies are crucial for sustainable industrial growth, integrating eco-friendly practices into production decisions. In addition, sellers often demand upfront payment for goods as a performance guarantee, receive a portion upon delivery, and finalize the transaction on credit. This advancecash-credit (ACC) payment scheme is becoming increasingly common. Based on the above, this study proposes a production-inventory model with a carbon cap-and-trade policy and an ACC payment scheme and discusses optimal production and replenishment strategies. We also consider deteriorating raw materials, deteriorating finished products, and an imperfect production system. Mathematical methods and numerical examples are discussed to clarify the solution process, and a sensitivity analysis of parameters is performed. We demonstrate that under the two-stage trade credit and ACC scheme, a larger credit payment component enables the production-inventory system to generate higher total profits, and that a lower charged interest, higher earned interest, or later overall payment (for the ACC scheme) leads to lower carbon emissions. Furthermore, changing carbon emission quota does not affect annual carbon emissions but increasing carbon trading price does, thereby encouraging companies to reduce annual carbon emissions under a carbon capand-trade policy.

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A blockchain-based inventory system with lot size-dependent lead times and uncertain carbon footprints

Cited by 3 publications

References 46 publications

Stage-wise green supply chain management and environmental performance: Impact of blockchain technology

Stage-wise green supply chain management and environmental performance: Impact of blockchain technology

A comprehensive inventory management model with weibull distribution deterioration, ramp-type demand, carbon emission reduction, and shortages

Imperfect Production–Inventory Models for Deteriorating Items With Carbon Cap-and-Trade Policy and Advance-Cash- Credit Payment

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