From process control to supply chain management: An overview of integrated decision making strategies

Optimal decision-making in a process industry is fundamental in order to guarantee optimality of operations and increase profits and performance of a company. Decision-making occurs at different levels, from process control to supply chain management. Traditionally, these decisions have been considered individually, with little or no interaction between each other. However, an integrated decision-making framework can guarantee solutions closer to optimality. Such integration usually results in complex and large scale problems that are difficult to solve. We provide an overview of integrated decision-making strategies and review recent advances in the area, highlighting promising works as well as the main challenges that have yet to be overcome.