publication . Thesis . 2003

Dynamic Coordination of Supply Chains

Paulitsch, Michael;
Open Access English
  • Published: 01 Jun 2003
  • Country: Austria
Abstract
Business-to-business exchanges have become a common form of procurement due to their advantages regarding flexibility (such as the ability of being able to quickly change business partners), although the mean procurement prices are generally higher compared to long-term contracts. On the other side, a lot of procurement managers still believe that long-term relationships are the key in the procurement process partly due to cost savings. Two main conflicting opinions on the optimal type of relationship - as it seems. In this thesis, a portfolio approach for risk-hedging supply chains in dynamic business environments is presented, where uncertainties are defined b...
Subjects
free text keywords: supply chain management / coordination / business relationship / chemical industry / simulation
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