Details
| Original language | English |
|---|---|
| Title of host publication | 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 |
| Pages | 1049-1054 |
| Number of pages | 6 |
| Publication status | Published - 2008 |
| Event | 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 - Singapore, Singapore Duration: 8 Dec 2008 → 11 Dec 2008 |
Publication series
| Name | 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 |
|---|
Abstract
Companies have to satisfy a multitude of needs to thrive. Conflicts between targets have to be considered in order to maximize the companies' market value. Therefore decision makers have to periodically answer questions regarding the companies' performance in comparison to competitors and have to identify the part of their company in which strategic measures will exhibit the greatest impact on market value. Another strategic decision is to determine the measures to be implemented and how these will affect their companies' market value. Some methods existing today offer useful input to resolve this decision problem or at least parts thereof. Nevertheless several consulting projects for German companies completed by the authors ascertained demand for an easy to use decision support system which targets this optimization problem. This paper describes an easy to use decision support system for sourcing, which was successfully applied to resolve this problem, using an adaptation of SCOR as a basis. Ongoing research work to enhance this tool is described.
Keywords
- SCOR, Sourcing, Supply chain design
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Management Information Systems
- Engineering(all)
- Industrial and Manufacturing Engineering
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2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008. 2008. p. 1049-1054 4738030 (2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008).
Research output: Chapter in book/report/conference proceeding › Conference contribution › Research › peer review
}
TY - GEN
T1 - Development of a Methodology to Improve the Sourcing Process
AU - Wriggers, F. S.
AU - Fronia, Philip
AU - Beck, S.
AU - Nyhuis, Peter
PY - 2008
Y1 - 2008
N2 - Companies have to satisfy a multitude of needs to thrive. Conflicts between targets have to be considered in order to maximize the companies' market value. Therefore decision makers have to periodically answer questions regarding the companies' performance in comparison to competitors and have to identify the part of their company in which strategic measures will exhibit the greatest impact on market value. Another strategic decision is to determine the measures to be implemented and how these will affect their companies' market value. Some methods existing today offer useful input to resolve this decision problem or at least parts thereof. Nevertheless several consulting projects for German companies completed by the authors ascertained demand for an easy to use decision support system which targets this optimization problem. This paper describes an easy to use decision support system for sourcing, which was successfully applied to resolve this problem, using an adaptation of SCOR as a basis. Ongoing research work to enhance this tool is described.
AB - Companies have to satisfy a multitude of needs to thrive. Conflicts between targets have to be considered in order to maximize the companies' market value. Therefore decision makers have to periodically answer questions regarding the companies' performance in comparison to competitors and have to identify the part of their company in which strategic measures will exhibit the greatest impact on market value. Another strategic decision is to determine the measures to be implemented and how these will affect their companies' market value. Some methods existing today offer useful input to resolve this decision problem or at least parts thereof. Nevertheless several consulting projects for German companies completed by the authors ascertained demand for an easy to use decision support system which targets this optimization problem. This paper describes an easy to use decision support system for sourcing, which was successfully applied to resolve this problem, using an adaptation of SCOR as a basis. Ongoing research work to enhance this tool is described.
KW - SCOR
KW - Sourcing
KW - Supply chain design
UR - http://www.scopus.com/inward/record.url?scp=62749172855&partnerID=8YFLogxK
U2 - 10.1109/IEEM.2008.4738030
DO - 10.1109/IEEM.2008.4738030
M3 - Conference contribution
AN - SCOPUS:62749172855
SN - 9781424426300
T3 - 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
SP - 1049
EP - 1054
BT - 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
T2 - 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
Y2 - 8 December 2008 through 11 December 2008
ER -