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
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