Evaluating supply partner's capability for seasonal products using machine learning techniques

Evaluating supply partner's capability for seasonal products using machine learning techniques

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Article ID: iaor20091031
Country: Netherlands
Volume: 54
Issue: 4
Start Page Number: 721
End Page Number: 736
Publication Date: May 2008
Journal: Computers & Industrial Engineering
Authors: ,
Keywords: decision theory: multiple criteria, datamining
Abstract:

We develop a dynamic partner assessment system in order to assess change in a supply partner's capability over a period of time. The system embeds a multi-criteria decision model and machine learning methods, and is designed to evaluate a partner's supply capability that can change over time and to maximize revenue with different procurement conditions across time periods. We apply the system to the procurement and management of the agricultural industry. The results are compared with real-world auction markets.

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