Title :
Risk identification, evaluation and mitigation in spare parts purchasing based on the research of spare parts purchasing risk of shanghai bao steel equipment maintenance Co, LTD
Author :
Ning Zhong ; Xu Xun
Author_Institution :
Sch. of Manage., Fudan Univ., Shanghai, China
Abstract :
This paper has discussed the spare parts purchasing risk of Shanghai Bao Steel Equipment maintenance Co, LTD with a series of quantitative methods including AHP method, Cluster Combine analysis method and etc. In this paper, we attempt to identify and evaluate each purchasing risk in this company. In addition, we have given different risk control methods to each sum-up kind of risks according to its characteristic of effect and probability.
Keywords :
decision making; decision theory; maintenance engineering; probability; production equipment; purchasing; risk management; statistical analysis; steel industry; Shanghai Bao steel equipment maintenance co ltd; analytical hierarchy process method; cluster combine analysis method; probability; risk control method; risk evaluation; risk identification; risk mitigation; spare part purchasing risk; Accelerated aging; Algorithms; Automation; Computer science; Educational institutions; Learning; Logistics; State-space methods; Steel; Spare parts purchasing risk; cluster combine analysis; control method; evaluation; risk identify;
Conference_Titel :
Automation and Logistics, 2009. ICAL '09. IEEE International Conference on
Conference_Location :
Shenyang
Print_ISBN :
978-1-4244-4794-7
Electronic_ISBN :
978-1-4244-4795-4
DOI :
10.1109/ICAL.2009.5262643