Current Proceedings on Technology

Current Proceedings on Technology

Mitigation of Losses through Regional Purchasing Strategy: A Case Study for an Automobile Company

Yazarlar: Amy Chen, Chih- Ying Hsieh, H. M. Wee

Cilt 4 , Sayı - , 2013 , Sayfalar -

Konular:-

Anahtar Kelimeler:Disaster,Purchasing Strategy,Supply Chain Risk Management (SCRM),Weighted Goal Programming (WGP)

Özet: Disaster studies have received a lot of attention recently. This paper aims to identify an optimal regional purchasing strategy in an uncertain disaster environment using automobile company as an example. This paper develops a model by Weighted Goal Programming (WGP) to analyse the required resource and the optimal resource location to mitigate the disaster damage in the supply chain. The findings evaluated by Weighted Goal Programming (WGP) are: (1) the automobile company needs to set up additional supply resource in the Asian region, (2) appropriate location in the Asian region has been identified for the additional supply resource; being assessed by lower logistic costs, flexible delivery and production capacity constraint, and (3) the disaster damage mitigation is also highlighted as priority in the long-term business strategies. This case study promotes more preparedness of the automobile industry for better management of unpredictable disaster in the supply chain through regional purchasing strategy. It mitigates damage and considers long-term business strategies and decisions. This user-friendly model can provide managing insights to other industries and supply chain in risk management.


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BibTex
KOPYALA
@article{2013, title={Mitigation of Losses through Regional Purchasing Strategy: A Case Study for an Automobile Company}, volume={4}, number={0}, publisher={Current Proceedings on Technology }, author={Amy Chen, Chih- Ying Hsieh, H. M. Wee}, year={2013} }
APA
KOPYALA
Amy Chen, Chih- Ying Hsieh, H. M. Wee. (2013). Mitigation of Losses through Regional Purchasing Strategy: A Case Study for an Automobile Company (Vol. 4). Vol. 4. Current Proceedings on Technology .
MLA
KOPYALA
Amy Chen, Chih- Ying Hsieh, H. M. Wee. Mitigation of Losses through Regional Purchasing Strategy: A Case Study for an Automobile Company. no. 0, Current Proceedings on Technology , 2013.