DocumentCode :
3188929
Title :
Towards a dynamic model of supply chain regimes for complex multi-agent markets
Author :
Hogenboom, Alexander ; Hogenboom, Frederik ; Kaymak, Uzay ; Ketter, Wolfgang ; Van Dalen, Jan ; Collins, John
Author_Institution :
Erasmus Sch. of Econ., Erasmus Univ. Rotterdam, Rotterdam, Netherlands
fYear :
2010
fDate :
10-13 Oct. 2010
Firstpage :
3219
Lastpage :
3225
Abstract :
Information systems are crucial for effective supply chain management in today´s complex supply chains for durable goods. Complex decision making processes on strategic, tactical, and operational level require substantial support in order to contribute to the agility of organizations. Supply chain regimes, i.e., regimes encompassing both the sales and the procurement market in a complex supply chain, provide a way of intuitively and meaningfully characterizing and modeling supply chain market conditions without a need for explicit modeling of individual aspects of the market. This paper makes a first explorative step towards a model incorporating such regimes, while maintaining the dynamics which enable the model to be utilized in the sales process, e.g., for dynamic product pricing. Initial results show that supply chain regimes have feasible characteristics, based on both sales and procurement market indicators. Taking into consideration these regimes enables a more deliberate sales model.
Keywords :
decision making; economic indicators; multi-agent systems; pricing; procurement; supply chains; complex decision making processes; complex multiagent markets; dynamic model; dynamic product pricing; information systems; procurement market indicators; supply chain management; supply chain regimes; Decision making; Legged locomotion; Supply chain regimes; TAC SCM; supply chain management; trading agent;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Systems Man and Cybernetics (SMC), 2010 IEEE International Conference on
Conference_Location :
Istanbul
ISSN :
1062-922X
Print_ISBN :
978-1-4244-6586-6
Type :
conf
DOI :
10.1109/ICSMC.2010.5642406
Filename :
5642406
Link To Document :
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