Introducing a New Supply Chain Management Concept by Hybridizing TOPSIS, IoT and Cloud Computing
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ORIGINAL CONTRIBUTION
Introducing a New Supply Chain Management Concept by Hybridizing TOPSIS, IoT and Cloud Computing Biswanath Chakraborty1
•
Santanu Das1
Received: 3 April 2020 / Accepted: 14 September 2020 The Institution of Engineers (India) 2020
Abstract Supply Chain Management (SCM) is becoming more complex day by day. Functional silos on demand and supply fronts of products are required to be addressed to implement the de-coupling point in preferences of consumers involved in a supply chain for optimization of operational efficiency, and nowadays, it has become a challenge. Again, ‘Amazon Effect’ has forced others to reset their strategies for optimizing their effectiveness. For the optimization of operational efficiency, three technologies have been used in the present work. TOPSIS, one of the Multi-Criteria Decision Making (MCDM) Techniques, has been applied to provide preferences of consumers of different criteria against different attributes (products). For tracking the products on transit, Radio Frequency IDentification (RFID) method can be employed in SCM to collect and share data of event(s) or ‘Things’ for a broad range through the Internet of Things (IoT) application. Finally, Cloud Computing has been proposed to be applied for managing Big Data that will be generated during this entire process of SCM. The optimization method of a quick or agile SCM based on TOPSIS, IoT and Cloud Computing is discussed in detail in this work to benefit industries. Keywords SCM Supply chain Functional silos De-coupling Consumers’ preference Amazon effect TOPSIS IoT RFID Agile SCM
& Santanu Das [email protected]; [email protected] 1
Abbreviations AHP API B2B B2C CRM DAG DC DNS ELT EPC EPC-IS ER Diagram FMS GDP IaaS IoT MCDM ML-MOFDM MST M-TOPSIS ONS Paas RFID ROI SaaS SCM TOPSIS WSN
Analytic hierarchy process Application program interface Business to business Business to consumer Customer relationships management Directed acyclic graph Distribution centre Domain name server Estimated lead time Electronic product code Electronic product code information service Entity relationship diagram Flexible manufacturing system Gross domestic product Infrastructure as a service Internet of Things Multi-criteria decision making Multi-level multi-objective fractional decision making problem Minimum-cost spanning tree Modified-TOPSIS Object naming service Platform as a service Radio frequency identification Return on investment Software as a service Supply chain management Technique for order of preference by similarity to ideal solution Wireless sensor network
Department of Mechanical Engineering, Kalyani Government Engineering College, Kalyani 741235, Nadia, West Bengal, India
123
J. Inst. Eng. India Ser. C
Introduction The entire digital market place is currently under a new competitive horizon, and its huge impact is created on the e-commerce and digital markets due to change in the shopping patterns, preferences of consumers and their expectations. This is often referred to as the ‘Amazon
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