Economic and environmental analysis of biomass pellet supply chain using simulation-based approach

IF 5.5 Q1 MANAGEMENT

Asia Pacific Management Review Pub Date : 2023-02-25 DOI:10.1016/j.apmrv.2023.02.002

Linh Bui-Duy , Luan Thanh Le , Ngoc Vu-Thi-Minh , Giang Hoang-Huong , Nga Bui-Thi-Thanh , Phong Nha Nguyen

{"title":"Economic and environmental analysis of biomass pellet supply chain using simulation-based approach","authors":"Linh Bui-Duy , Luan Thanh Le , Ngoc Vu-Thi-Minh , Giang Hoang-Huong , Nga Bui-Thi-Thanh , Phong Nha Nguyen","doi":"10.1016/j.apmrv.2023.02.002","DOIUrl":null,"url":null,"abstract":"<div><p>The pellet supply chain (PSC) is arguably crucial in supplanting fossil energy sources. Despite being the world's second-largest exporter of biomass pellets, the operation of PSC components in Vietnam is still fragmented and lacks economic and environmental efficiency. Changes in Bill of Material (BOM) help achieve these objectives. Discrete event simulation (DES) is particularly adapted to assist business owners in identifying BOM variation and its impacts on their real-life PSCs. Exploiting the advantages of the DES approach, this paper presents an evaluation model for the PSC, including procurement, production, transportation, and delivery modules. Simulation results yield a profit of USD 15,426,661, equivalent to roughly 20% of the revenue. The total amounts of carbon dioxide (CO<sub>2</sub>) emitted during production and transportation are 7,680.6 and 28,627.0 tons, respectively. The model is further used to assess the volatility of financial indicators and CO<sub>2</sub> emission from changes in the raw materials for production. The findings suggest that maintaining the small-scale BOM level should be a solution for improving the economic and environmental efficiency of PSC components in Vietnam.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 470-486"},"PeriodicalIF":5.5000,"publicationDate":"2023-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asia Pacific Management Review","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1029313223000064","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}

引用次数: 1

Abstract

The pellet supply chain (PSC) is arguably crucial in supplanting fossil energy sources. Despite being the world's second-largest exporter of biomass pellets, the operation of PSC components in Vietnam is still fragmented and lacks economic and environmental efficiency. Changes in Bill of Material (BOM) help achieve these objectives. Discrete event simulation (DES) is particularly adapted to assist business owners in identifying BOM variation and its impacts on their real-life PSCs. Exploiting the advantages of the DES approach, this paper presents an evaluation model for the PSC, including procurement, production, transportation, and delivery modules. Simulation results yield a profit of USD 15,426,661, equivalent to roughly 20% of the revenue. The total amounts of carbon dioxide (CO₂) emitted during production and transportation are 7,680.6 and 28,627.0 tons, respectively. The model is further used to assess the volatility of financial indicators and CO₂ emission from changes in the raw materials for production. The findings suggest that maintaining the small-scale BOM level should be a solution for improving the economic and environmental efficiency of PSC components in Vietnam.

查看原文本刊更多论文

基于仿真方法的生物质颗粒供应链经济与环境分析

颗粒供应链(PSC)可以说是取代化石能源的关键。尽管越南是世界第二大生物质颗粒出口国，但PSC组件在越南的运营仍然分散，缺乏经济和环境效率。物料清单(BOM)的变更有助于实现这些目标。离散事件模拟(DES)特别适用于帮助企业所有者识别BOM变化及其对其现实生活中的psc的影响。利用DES方法的优势，本文提出了PSC的评估模型，包括采购、生产、运输和交付模块。模拟结果产生的利润为15,426,661美元，约相当于收入的20%。在生产和运输过程中排放的二氧化碳(CO2)总量分别为7680.6吨和28627.0吨。该模型进一步用于评估财务指标的波动性和生产原材料变化引起的二氧化碳排放。研究结果表明，维持小规模BOM水平应该是提高越南PSC组件经济和环境效率的解决方案。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Asia Pacific Management Review MANAGEMENT-

CiteScore

8.00

自引率

4.50%

发文量

期刊介绍： Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.