Risk-Oriented Continuous Supply Strategy in a Manufacturing Supply Chain

Author

Wang, Wenpeng ; Yu, Xinning

Author_Institution

Dept. of Logistic Manage., Qingdao Univ. of Sci. & Technol., Qingdao, China

Volume

3

fYear

2011

fDate

24-25 Sept. 2011

Firstpage

329

Lastpage

331

Abstract

The continuous products supply process arising from common manufacturing supply chain which consists of one supplier and several downstream customer which had continuous demand is under considered. An integrated procedure is adopted to mitigate the potential supply risk. A modifying CLSP model is built, and a rule-based heuristics algorithm is developed to solve it. By this risk-oriented continuous supply strategy, we can determine the near-optimal production planning of supplier by every limitations and constraints, and it achieved better than the plans made by human experience both in efficiency and effectiveness.

Keywords

production planning; risk management; supply chain management; CLSP model; continuous products supply process; manufacturing supply chain; near-optimal production planning; risk-oriented continuous supply strategy; rule-based heuristics algorithm; Equations; Europe; Lot sizing; Manufacturing; Mathematical model; Planning; Supply chains; CLSP; continuous demand; heuristics; supply risk;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Technology, Computer Engineering and Management Sciences (ICM), 2011 International Conference on

Conference_Location

Nanjing, Jiangsu

Print_ISBN

978-1-4577-1419-1

Type

conf

DOI

10.1109/ICM.2011.221

Filename

6113651