The IBM advanced planning system for managing next generation demand-supply networks
Chi-Tai Wang,
Kenneth Fordyce,
R. John Milne and
Robert Orzell
International Journal of Integrated Supply Management, 2008, vol. 4, issue 1, 125-140
Abstract:
IBM formed a team in the mid 1990s to develop a next generation demand-supply matching system. Using advanced heuristic algorithms and Linear Programming (LP), this team built a comprehensive system comprising solutions covering the complete spectrum of Supply Chain Planning (SCP). This system's cutting edge innovations and tremendous business impact have generated dozens of intellectual properties and earned major awards in operations research achievement for IBM. Since 2005, this system has also become a daily solver at Analog Devices, Inc. IBM's system fully supports a long term, incremental deployment of advanced SCP functions whenever needed with minimum effort required.
Keywords: supply chain planning; SCP; bills of materials; BOM; heuristic algorithms; linear programming; LP; IBM advanced planning; next generation demand-supply networks; supply chain management; SCM; logistics. (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijisma:v:4:y:2008:i:1:p:125-140
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