Modelling information sharing to improve just-in-time purchasing vendor evaluation

James T. Ding and Rohana J. Karunamuni

International Journal of Manufacturing Technology and Management, 2008, vol. 13, issue 1, 30-54

Abstract: Vendor evaluation is an important step for a manufacturer's purchasing operation. For firms adopting Just-In-Time Purchasing (JITP) strategy, vendor evaluation is critical in quality improvement and cost reduction. In this paper, we examine the value of information sharing in improving vendor evaluation. We build stochastic models for three different scenarios of information sharing to illustrate the advantages for JITP vendor evaluation under the Assemble-To-Order (ATO) manufacturing environment. We show how integrating statistical and analytical tools with Enterprise Resource Planning (ERP) packages can help achieve efficient and effective managerial decision-making in JITP.

Keywords: assemble-to-order manufacturing; ATO; enterprise resource planning; ERP; information sharing; just-in-time; JIT purchasing; quality control; QC; vendor evaluation; quality improvement; cost reduction; modelling; decision making. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=15972 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmtma:v:13:y:2008:i:1:p:30-54

Access Statistics for this article

More articles in International Journal of Manufacturing Technology and Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().