Paper Info
Title
The 2007 procurement challenge: A competition to evaluate mixed procurement strategies
Abstract
Global competition is putting a premium on the ability to manage risk through flexible and agile web-enabled procurement practices. This article discusses the design of the 2007 ''supply chain management - procurement challenge'' (SCM-PC), a competition designed by the first three authors to evaluate the performance of mixed procurement strategies that balance risk through combinations of long-term, quantity-flexible contracts and one-off contracts. Specifically, the SCM-PC challenge revolves around a PC assembly scenario, where web-enabled trading agents developed by different teams compete for components required to assemble different types of PCs. Collectively the authors represent the top three entries in the 2007 procurement challenge. They present the strategies their teams developed for the competition, compare their performances, and discuss lessons learned from the competition.
Year
DOI
Venue
2009
10.1016/j.elerap.2008.09.002
Electronic Commerce Research and Applications
Keywords
Field
DocType
agile web-enabled procurement practice,scm-pc challenge,pc assembly scenario,mixed procurement strategy,autonomous agents,different type,supply chain trading,trading agents,global competition,different team,procurement challenge,balance risk,web-enabled trading agent,electronic commerce,autonomous agent,supply chain
Autonomous agent,Computer science,Commerce,Agile software development,Supply chain management,Procurement,Marketing
Journal
Volume
Issue
ISSN
8
2
Electronic Commerce Research and Applications
Citations 
PageRank 
References 
6
0.48
19
Authors
6
Name
Order
Citations
PageRank
Alberto Sardinha1368.27
Michael Benisch226420.52
Norman M. Sadeh33472253.13
Ramprasad Ravichandran4484.47
Vedran Podobnik518425.21
Mihai Stan6181.11