Asset Management in and Redesign of Chemical Supply Chains

Abstract

Asset management involves the allocation of resources and capital in a supply chain such that the shareholder value is maximized. Supply chain redesign deals with investments, disinvestments and relocation of production facilities and distribution centers. Existing research has been focused on investments only. In this work, we present a novel mixed integer linear programming model that considers an end-to-end supply chain of a single multi-national corporation and address issues such as production allocation, material distribution, strategic material supply contracts, depreciation, and import-export regulatory factors, in addition to disinvestments.