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

fYear

2009

fDate

5-7 Aug. 2009

Firstpage

1838

Lastpage

1843

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;

fLanguage

English

Publisher

ieee

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

Type

conf

DOI

10.1109/ICAL.2009.5262643

Filename

5262643