Collaborative Dynamic Decision Making: a Case Study from B2B Supplier Selection

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The problem of supplier selection can be easily modeled as a multiple-criteria decision making (MCDM) problem: businesses express their preferences with respect to suppliers, which can then be ranked and selected. This approach has two major pitfalls: first, it does not consider a dynamic scenario, in which suppliers and their ratings are constantly changing; second, it only addressed the problem from the point of view of a single business, and cannot be easily applied when considering more than one business. To overcome these problems, we introduce a method for supplier selection that builds upon the dynamic MCDM framework of [1] and, by means of a linear programming model, can be used in the case of multiple collaborating businesses planning their next batch of orders together.
Original languageUnknown
Title of host publicationIn Decision Support Systems – Collaborative Models and Approaches in Real Environments
Editors Springer
Place of PublicationBerlin Heidelberg
ISBN (Print)978-3-642-32190-0/978-3-642-32191-7
Publication statusPublished - 1 Jan 2012

Publication series

NameLecture Notes in Business Information Processing
ISSN (Print)1865-1348

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