Abstract
A collaborative supply chain seeks to coordinate its members to produce and distribute products along the chain for minimum overall costs to satisfy customer demand. An integrated multi-period, multi-product and multi-stage supply chain model is developed. A collaborative supply chain grid (CSCG) system gathers necessary information on operations and resources from members of the supply chain. It then guides the members on ordering decisions for a minimum overall cost, while continuously re-directing them as new data becomes available. An actual CSCG system has been implemented in a collaborative auto industry with diverse and dynamic membership, yielding an approximately 26% reduction in total supply chain costs.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
