Abstract
Supply chains must adopt an appropriate mechanism to deal with interrelated risks. Sustainable development's economic, environmental and social aspects are critical concerns of supply chains. This study presents a three-objective model to design a forward supply chain network considering interrelated operational and disruptive risks. Several mitigative and preventive resilience strategies are implemented to cope with mentioned risks. Also, the optimal prices for products and parts are determined via a joint pricing strategy to enhance supply chain's profitability in disruption incidence. A stochastic robust optimization method is employed to deal with parameters’ uncertainty. The proposed model is applied to an industry of manufacturing chemical processing equipment to validate the formulation and derive practical insights. Results revealed that simultaneously managing disruption risks and uncertainties can improve sustainability goals and reduce the costs associated with risk exposure and protection in the under-study supply chain.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
