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Uncertainty Analysis and Optimization Modeling with Application to Supply Chain Management: A Systematic Review

Author

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  • Lin Chen

    (School of Management, Wuhan Institute of Technology, Wuhan 430205, China)

  • Ting Dong

    (School of Management, Wuhan Institute of Technology, Wuhan 430205, China)

  • Jin Peng

    (Institute of Uncertain Systems, Huanggang Normal University, Huanggang 438000, China)

  • Dan Ralescu

    (Department of Mathematical Sciences, University of Cincinnati, Cincinnati, OH 44221, USA)

Abstract

In recent years, there have been frequent cases of impact on the stable development of supply chain economy caused by uncertain events such as COVID-19 and extreme weather events. The creation, management, and impact coping techniques of the supply chain economy now face wholly novel requirements as a result of the escalating level of global uncertainty. Although a significant literature applies uncertainty analysis and optimization modeling (UAO) to study supply chain management (SCM) under uncertainty, there is a lack of systematic literature review and research classification. Therefore, in this paper, 121 articles published in 44 international academic journals between 2015 and 2022 are extracted from the Web of Science database and reviewed using the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA). Bibliometric analysis and CiteSpace software are used to identify current developments in the field and to summarize research characteristics and hot topics. The selected published articles are classified and analyzed by author name, year of publication, application area, country, research purposes, modeling methods, research gaps and contributions, research results, and journals to comprehensively review and evaluate the SCM in the application of UAO. We find that UAO is widely used in SCM under uncertainty, especially in the field of decision-making, where it is common practice to abstractly model the decision problem to obtain scientific decision results. This study hopes to provide an important and valuable reference for future research on SCM under uncertainty. Future research could combine uncertainty theory with supply chain management segments (e.g., emergency management, resilience management, and security management), behavioral factors, big data technologies, artificial intelligence, etc.

Suggested Citation

  • Lin Chen & Ting Dong & Jin Peng & Dan Ralescu, 2023. "Uncertainty Analysis and Optimization Modeling with Application to Supply Chain Management: A Systematic Review," Mathematics, MDPI, vol. 11(11), pages 1-45, May.
  • Handle: RePEc:gam:jmathe:v:11:y:2023:i:11:p:2530-:d:1160882
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