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Journal of Renewable Energy
Volume 2014, Article ID 654158, 14 pages
http://dx.doi.org/10.1155/2014/654158
Review Article

A Review of the Wood Pellet Value Chain, Modern Value/Supply Chain Management Approaches, and Value/Supply Chain Models

Faculty of Natural Resources Management, Lakehead University, 955 Oliver Road, Thunder Bay, ON, Canada P7B 5E1

Received 24 July 2013; Revised 9 October 2013; Accepted 3 December 2013; Published 27 January 2014

Academic Editor: Abdurrahman Saydut

Copyright © 2014 Natalie M. Hughes et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

We reviewed 153 peer-reviewed sources to provide identification of modern supply chain management techniques and exploration of supply chain modeling, to offer decision support to managers. Ultimately, the review is intended to assist member-companies of supply chains, mainly producers, improve their current management approaches, by directing them to studies that may be suitable for direct application to their supply chains and value chains for improved efficiency and profitability. We found that information on supply chain management and modeling techniques in general is available. However, few Canadian-based published studies exist regarding a demand-driven modeling approach to value/supply chain management for wood pellet production. Only three papers were found specifically on wood pellet value chain analysis. We propose that more studies should be carried out on the value chain of wood pellet manufacturing, as well as demand-driven management and modeling approaches with improved demand forecasting methods.