IDEAS home Printed from https://ideas.repec.org/h/spr/oprchp/978-3-030-48439-2_84.html
   My bibliography  Save this book chapter

Decision Support for Material Procurement

In: Operations Research Proceedings 2019

Author

Listed:
  • Heiner Ackermann

    (Fraunhofer ITWM)

  • Erik Diessel

    (Fraunhofer ITWM)

  • Michael Helmling

    (Fraunhofer ITWM)

  • Christoph Hertrich

    (Fraunhofer ITWM)

  • Neil Jami

    (Fraunhofer ITWM)

  • Johanna Schneider

    (Fraunhofer ITWM)

Abstract

Buying raw materials at low cost is important for the economic success of manufacturing companies. In this extended abstract, we summarize some of the cost-driving constraints and cost-saving opportunities available to a global manufacturer when purchasing raw materials. We outline how to model the procurement problem as a mixed-integer linear program, and describe the use of Sankey diagrams to compare alternative order volume plans.

Suggested Citation

  • Heiner Ackermann & Erik Diessel & Michael Helmling & Christoph Hertrich & Neil Jami & Johanna Schneider, 2020. "Decision Support for Material Procurement," Operations Research Proceedings, in: Janis S. Neufeld & Udo Buscher & Rainer Lasch & Dominik Möst & Jörn Schönberger (ed.), Operations Research Proceedings 2019, pages 693-699, Springer.
    • Handle: RePEc:spr:oprchp:978-3-030-48439-2_84
    DOI: 10.1007/978-3-030-48439-2_84
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:oprchp:978-3-030-48439-2_84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.