Climate and Carbon-aware Supply Chain Decision Making

Abstract

Many enterprises are under significant pressure from investors, consumers, and policymakers to mitigate and adapt to the ill-effects of climate change due to their supply chains. However, a major challenge in realizing the benefits of carbon and climate-aware decision making is effectively addressing the inherent trade-off between costs, carbon emissions and climate risk. In this talk, we will present a generic multi-objective optimization approach that effectively balances this tradeoff with minimal cost over-runs. We will also illustrate this approach with a few results from standard supply chain use-cases like supplier selection, inventory optimization and last-mile delivery.