• 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