Studies on supply chain management of herbs herbal medicines and related EOQ models of seasonal agro products under various imprecise environments

Abstract

Supply chains are primarily concerned with the flow of products and information be newlinetween the businesses that make up the chain the procurement of raw materials, the newline conversion of those materials into completed items, and the delivery of those com newlinemodities to end users. Modern, information-driven, networked supply chains provide newline cost reduction, product enhancement, resource efficiency, quicker time to market, and newline customer retention for enterprises. newline The real measure of a successful supply chain is how well its many components newline work together to maximize each link s profitability while offering value to consumers. newline To put it another way, supply chain management is the organized method of adding newline value for the end user. However, the supply chains of different agricultural com newlinemodities in India are fraught with challenges because of the inherent problems in the newline agriculture sector. The nation s agri supply chain system is impacted by a number of newline societal challenges, including the majority of small farmers, dispersed supply chains, newline a lack of scale economies, low levels of value addition, poor marketing facilities, etc. newline In Chapter 2, We have created a closed-loop supply chain model that considers newline the cultivation of herbs, the manufacturing of related herbal medications, and their newline distribution. The reversal chain suggests reusing spent substrates and unsold herbs newline for biofuel extraction and soil capping. In many nations, policymakers provide some newline f newline inancial assistance to farmers to promote the production of herbs and clean fuel newline across the nation, creating new jobs in the process. In this method, legislators fund newline two distinct links in the same chain without considering potential trade-offs. Here, newline one interactive algorithm under the stated main-objective function is constructed to newline f newline irst determine the Pareto optimal solution to the given multi-objective model in a newline newly developed real-life oriented T-environment. In a gloomy business situation, newline the proposed method finds the matching Pareto optimal