A decision support system for procurement risk management in the presence of spot market

In the presence of spot market, this paper presents a decision support system to model risks for procurement processes and to design a robust purchasing plan, including supplier selection and order allocation. Taking advantages of contract supplier and spot market, the buyer can better meet business...

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Bibliographic Details
Main Authors: Hong, Zhen., Lee, C. K. M.
Other Authors: School of Mechanical and Aerospace Engineering
Format: Article
Language:English
Published: 2013
Online Access:https://hdl.handle.net/10356/106814
http://hdl.handle.net/10220/16656
http://dx.doi.org/10.1016/j.dss.2012.12.031
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Institution: Nanyang Technological University
Language: English