A domain-specific flexible optimization approach for e-Supply chain management

• Type: Article in International Conference Proceedings Book
• Date: 2007

Authors

Vasco Hugo Vinhas Gonçalves Moreira (Author) FEUP; Daniel Castro Silva (Author) FEUP; Pedro Manuel Henriques da Cunha Abreu (Author) FEUP; Pedro Miguel Correia Mendes (Author) FEUP

Conference proceedings International

Title: IADIS International Conference on e-Commerce 2007

Pages: 35-42

IADIS International Conference on e-Commerce 2007

Algarve, Portugal, 7 a 9 de Dezembro de 2007

Scientific classification

FOS: Engineering and technology > Electrical engineering, Electronic engineering, Information engineering

CORDIS: Technological sciences > Technology > Information technology > E-business ; Technological sciences > Technology > Information technology > E-commerce

Other information

Abstract (EN): E-Commerce has increasingly gained notoriety, complexity and dynamism throughout several areas and channels. In order to cope with this reality, both standard and e-supply chains have seen their importance amplified. A suitable virtual experimental scenario is the TAC SCM challenge, providing a hypothesis testing environment. In this background, a domain-specific flexible optimization approach is proposed in the form of Sorter95, an agent that successfully participated in the mentioned competition. The achieved nine million profit average confirmed market adaptability supported through efficient demand request management, product price policy and component acquisition policy, assuring that the agent was present in the market whenever economically attractive. The encouraging results not only proved the approach to be a valid one, but also confirmed it to be an accurate option to accomplish an aggressive outcome, once a few already identified improvements are implemented.

Language: English

Type (Professor's evaluation): Scientific