Performance-based Logistic Risk Management in Closed-loop Supply Chains


Guangyang Yang
Guangyang Yang
  • Speaker
Erasmus School of Economics (ESE), Erasmus University Rotterdam

Event Information

Type
Research Seminar
Programme
Logistics
Date
Mon. 6 Jun. 2011
Contact
Time
11:30-12:30 hours
E-mail
Location
Mandeville Building T10-67
Number


Abstract

We developed a decision support system to manage risks of extreme  repair costs in closed-loop supply chains with performance-based contracts. This decision support system provides purchasing limits (both price and quantity) for the proactive procurement of spare  parts, such that extremely expensive repairs can be avoided with  limited investment in spare parts. The proactive strategy provides great advantages for procurement negotiations. Furthermore, our  results have also been used for dismantling aircraft projects.
 
Contact information:
Prof.dr. M.B.M. de Koster
Email
René de Koster
Professor of Logistics and Operations Management
  • Coordinator