Title :
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
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;
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
DOI :
10.1109/ICM.2011.221
