Advances in Decision Support Systems on the Endeavour for Supply Chain Optimality

Aggarwal, R. and Lim, M. (2012) Advances in Decision Support Systems on the Endeavour for Supply Chain Optimality. 11th International Conference on Industrial Logistics, ICIL 2012, Zadar, Croatia, 14-16 June 2012. pp. 472-477. ISBN 9789537738167

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Abstract

Industry practitioners are seeking to create optimal logistics networks through more efficient decision-making leading to a shift of power from a centralized position to a more decentralized approach. This has led to researchers, exploring with vigor, the application of agent based modeling (ABM) in supply chains and more recently, its impact on decision-making. This paper investigates reasons for the shift to decentralized decision-making and the impact on supply chains. Effective decentralization of decision-making with ABM and hybrid modeling is investigated, observing the methods and potential of achieving optimality.

Item Type:Conference or Workshop Item
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Lim, Professor Ming
Authors: Aggarwal, R., and Lim, M.
College/School:College of Social Sciences > Adam Smith Business School > Management
ISBN:9789537738167
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