Hybrid Approaches to Model Supplier Related Issues in a Dynamic Supply Chain



This research work identifies key research gaps which are crucial in providing an insight into  significant opportunity to develop hybrid modeling approaches and analysis methodology for supplier related issues in a dynamic supply chain. This presentation will address the following supplier related issues in dynamic supply chain: Supplier selection; Supplier buyer relationships; Supplier buyer flexibility in relationships; Conflict related issues including the conflicts at the boundary of supply chains; Flow of entities, information and performance analysis; Random demands and non-stationary supply information; Operations of a supply chain in vague and fuzzy conditions. The objectives of this research work are to:
  • Develop viable quantitative modeling methodologies and analyzing algorithms for dynamic supply chain networks, so that the logic properties of supply chain process models can be analyzed and verified.
  • Propose a generic modeling and analysis approach that integrates various functions; capture all process-related information including activities, resources and organizational units as well as their interdependencies to support dynamic supply chain.
  •  Develop a formal and quantitative model that is capable of capturing some essential issues including the validation and verification of the overall supply chain process.
Considering the dynamic characteristics of supply chain, the proposed hybrid approaches are utilized as a quantitative modeling tool to study the impact of different supply chain strategies and policies and will help the managers to build trust among supply chain partners. Accordingly, hybrid models are well suited to dynamic supply chain problems in which frequent and timely adjustments to the flow of goods and production schedules are needed in order to leverage conditions in the market place or to take advantage of opportunities as they arise. The proposed hybrid methodologies can be viewed as a glue to enhance the connection of the major building blocks in the supply chain. 
Contact information:
Prof.dr. M.B.M. de Koster