Optimization of Supply Chain Financial Processes Based on Costs and Revenues

Supply chain includes all activities related to the flow and conversion of products from the raw material stage (extraction) to delivery to the final consumer, and also information flows related to them. The purpose of this research is to investigate the optimization of supply chain financial processes based on automobile costs and revenues. This study proposes to design an integrated supply chain for automobile products that includes making long-term decisions to select supplier, finding new warehouses, and making new decisions regarding product distribution and its production. The purpose of the proposed model is to select suppliers, determine the amount of imports, distribute cars and produce their parts. The model has been developed according to combinating various types of cars to produce various products and locating new warehouses and various states of transportation at all levels of the chain. The current research proposes a comprehensive planning model that is able to examine all levels and factors affecting the chain and select and evaluate suppliers. Application of this model is investigated in a case study for Iran, which shows significant savings. By solving this model, the results show a significant reduction in transportation costs, and profit increase.