Development of a Methodology to Improve the Sourcing Process

Research output: Chapter in book/report/conference proceedingConference contributionResearchpeer review

Authors

  • F. S. Wriggers
  • Philip Fronia
  • S. Beck
  • Peter Nyhuis
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Details

Original languageEnglish
Title of host publication2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
Pages1049-1054
Number of pages6
Publication statusPublished - 2008
Event2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 - Singapore, Singapore
Duration: 8 Dec 200811 Dec 2008

Publication series

Name2008 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

Cite this

Development of a Methodology to Improve the Sourcing Process. / Wriggers, F. S.; Fronia, Philip; Beck, S. et al.
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 proceedingConference contributionResearchpeer review

Wriggers, FS, Fronia, P, Beck, S & Nyhuis, P 2008, Development of a Methodology to Improve the Sourcing Process. in 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008., 4738030, 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008, pp. 1049-1054, 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008, Singapore, Singapore, 8 Dec 2008. https://doi.org/10.1109/IEEM.2008.4738030
Wriggers, F. S., Fronia, P., Beck, S., & Nyhuis, P. (2008). Development of a Methodology to Improve the Sourcing Process. In 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 (pp. 1049-1054). Article 4738030 (2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008). https://doi.org/10.1109/IEEM.2008.4738030
Wriggers FS, Fronia P, Beck S, Nyhuis P. Development of a Methodology to Improve the Sourcing Process. In 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). doi: 10.1109/IEEM.2008.4738030
Wriggers, F. S. ; Fronia, Philip ; Beck, S. et al. / Development of a Methodology to Improve the Sourcing Process. 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008. 2008. pp. 1049-1054 (2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008).
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