Title :
The research on supplier selection in supply chain management under incomplete information market
Author :
Shen, Xin ; Li, Changyu ; Liu, Qiao
Abstract :
It is a strategic decision-making process to select suppliers in supply chain management. Under the circumstance of incomplete market information separating equilibrium and pooling equilibrium are worked out and analyzed, which proves independent third-party certification (TPC) agency play an important role in supplier selection. Due to TPC the efficient supplier certified shall be selected by the buyer and the speculative supplier has to give up for the prohibitive costs.
Keywords :
decision making; marketing; supply chain management; incomplete information market; speculative supplier selection; strategic decision making process; supply chain management; third-party certification agency; Agricultural engineering; Business; Certification; Decision making; Engineering management; Game theory; ISO; Information analysis; Supply chain management; Supply chains; Pooling Equilibrium; Separating Equilibrium; Supplier Selection; Supply Chain; Third Party Certification;
Conference_Titel :
Logistics Systems and Intelligent Management, 2010 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4244-7331-1
DOI :
10.1109/ICLSIM.2010.5461045
