A Mathematical Programming Approach to Supply Chain Network Design considering Shareholder Value Creation

One of the main goals supply chain management is to ensure proper flows products and information through all nodes them in right place at time. To achieve this objective, it very important consider finances among nodes. Traditionally, operational financial processes have been optimized as separate problems. The developed model addresses problem designing a network tries integrate both areas operations aspects maximize value created measured by Shareholder Value Analysis (SVA). results show that with appropriate decisions, creating more for company its shareholders achievable. new approach able improve total shareholder much 0.7% larger than SVA obtained without 0.93% basic model. reason an increase creation due aspects, which mainly possibility closing facilities bank debt repayments. validate applicability proposed model, was solved GAMS-BARON solver data provided from literature. Sensitivity analyses on parameters were performed evaluate results.