SUPPLIER QUANTITY SELECTION

SUPPLIER QUANTITY SELECTION

According to an example, a method for supplier quantity selection may include receiving a plurality of supplier offers for one or more items to be procured by a manufacturer, and determining whether the supplier offers include price uncertainty and a most favored customer (MFC) clause. Based on the...

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Bibliographische Detailangaben
Hauptverfasser: KORPEOGLU EVREN, YAMAN HANDE, DEMIRCI ECE, SEN ALPER, GULER KEMAL
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:According to an example, a method for supplier quantity selection may include receiving a plurality of supplier offers for one or more items to be procured by a manufacturer, and determining whether the supplier offers include price uncertainty and a most favored customer (MFC) clause. Based on the determination that the supplier offers include price uncertainty and the MFC clause, the method may include evaluating the supplier offers by analyzing the price uncertainty and the MFC clause using a stochastic multi-stage model. The method may further include determining, by a processor, an allocation of all or part of each of the supplier offers to minimize purchase price of the one or more items based on the evaluation of the supplier offers.