Virtual enterprise model for integrated planning in manufacturing supply network
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Date
2008
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Springer-Verlag, London,
Abstract
Value creation in manufacturing supply network often involves complex interactions among autonomous
enterprises. Consistency is required in decisions made in all the planning stages if enterprises in such a
supply network are to continuously have feasible and flexible plans which respond to volatile trading
environments. We propose a virtual enterprise model based that integrates the strategic and tactical planning
stages of materials procurement activity in a manufacturing supply network. In this model, each enterprise is
represented as an agent participating in economic activities in multiple virtual markets. We employ a market-based approach to find satisficing tactical plan for in a supply network given strategic constraints.
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Keywords
Virtual Enterprise, Resource Distribution, Supply Network Planning