Taking inventory changes into account while negotiating in supply chain management

Title Taking inventory changes into account while negotiating in supply chain management
Author Yavuz, Celal, Süslü, Çağıl, Aydoğan, Reyhan
Publication Date: 2020
Publication Place - SciTePress
Subject Agent-based negotiation, Bidding strategy, Supply chain management
Type Document
Language English
Digital Yes
Manuscript No
Library: Özyeğin University
Library Asset ID 2184-433X
Record ID 6c8a730a-9375-4409-be08-b01eb5120b71
Library Location Computer Science
Date 2020
Sample Text In a supply chain environment, supply chain entities need to make joint decisions on the transaction of goods under the issues quantity, delivery time and unit price in order to procure/sell goods at right quantities and time while minimizing the transaction costs. This paper presents our negotiating agent designed for Supply Chain Management League (SCML) in the International Automated Negotiation Agents Competition (ANAC). Basically, the proposed approach relies on determining reservation value by taking the changes in the inventory stock into account. We have tested the performance of our bidding strategy in the competition simulation environment and compared it with the performance of the winner strategies in ANAC SCML 2019. Our experimental results showed that the proposed strategy outperformed the winner strategies in overall.
Editör Rocha, A. P., Steels, L., VanDenHerik, J.
Cilt 1
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Taking inventory changes into account while negotiating in supply chain management

Author Yavuz, Celal, Süslü, Çağıl, Aydoğan, Reyhan
Publication Date 2020
Publication Place - SciTePress
Subject Agent-based negotiation, Bidding strategy, Supply chain management
Type Document
Language English
Digital Yes
Manuscript No
Library Özyeğin University
Library Asset ID 2184-433X
Record ID 6c8a730a-9375-4409-be08-b01eb5120b71
Library Location Computer Science
Date 2020
Sample Text In a supply chain environment, supply chain entities need to make joint decisions on the transaction of goods under the issues quantity, delivery time and unit price in order to procure/sell goods at right quantities and time while minimizing the transaction costs. This paper presents our negotiating agent designed for Supply Chain Management League (SCML) in the International Automated Negotiation Agents Competition (ANAC). Basically, the proposed approach relies on determining reservation value by taking the changes in the inventory stock into account. We have tested the performance of our bidding strategy in the competition simulation environment and compared it with the performance of the winner strategies in ANAC SCML 2019. Our experimental results showed that the proposed strategy outperformed the winner strategies in overall.
Editör Rocha, A. P., Steels, L., VanDenHerik, J.
Cilt 1
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