EconPapers    
Economics at your fingertips  
 

Improving Purchasing Productivity at IBM with a Normative Decision Support System

Paul S. Bender, Richard W. Brown, Michael H. Isaac and Jeremy F. Shapiro
Additional contact information
Paul S. Bender: Bender Management Consultants, 300 East 59th Street, New York, New York 10022
Richard W. Brown: Resource Management Systems, 93 Massachusetts Avenue Boston, Massachusetts 02115
Michael H. Isaac: IBM Corporation, 22 Water Street, White Plains, New York 10601
Jeremy F. Shapiro: Sloan School of Management, Massachusetts Institute of Technology, Cambridge, Massachusetts 02139

Interfaces, 1985, vol. 15, issue 3, 106-115

Abstract: A computerized vendor selection system was implemented for the purchasing department of IBM's Poughkeepsie manufacturing facility. The system, called the Vendor Selection System (VSS), employs advanced mixed integer optimization techniques within a flexible but structured environment to help purchasing personnel to make better contract decisions. They can use the VSS without prior training in computer science or programming and achieve significant savings.

Keywords: productivity; decision analysis: systems (search for similar items in EconPapers)
Date: 1985
References: Add references at CitEc
Citations: View citations in EconPapers (24)

Downloads: (external link)
http://dx.doi.org/10.1287/inte.15.3.106 (application/pdf)

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:inm:orinte:v:15:y:1985:i:3:p:106-115

Access Statistics for this article

More articles in Interfaces from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().

 
Page updated 2025-03-19
Handle: RePEc:inm:orinte:v:15:y:1985:i:3:p:106-115