Department of Financial Engineering, Amirkabir University of Technology, Tehran, Iran
Abstract
In today's complex and uncertain global landscape, supply chain disruptions pose significant challenges to businesses. This study presents an AI-enabled risk management framework that integrates mathematical modeling and metaheuristic optimization to enhance supply chain resilience. A multi-objective optimization model is developed to minimize total costs while mitigating risks associated with supplier reliability, transportation uncertainties, and disruption scenarios. The study employs three advanced optimization algorithms: Genetic Algorithm (GA), Non-Dominated Sorting Genetic Algorithm II (NSGAII), and the recently developed Greedy Man Optimization Algorithm (GMOA). Comparative analysis reveals that GMOA outperforms traditional algorithms in achieving near-optimal solutions with faster convergence. Sensitivity analysis further highlights the critical impact of AI-driven decision-making on risk mitigation. This research provides valuable insights for supply chain managers and policymakers, emphasizing the role of AI-driven optimization in ensuring sustainable and adaptive supply chains.