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An integrated rational decision making and inventory management model for managing supply chain risks in EPC: a power sector case

An integrated rational decision making and inventory management model for managing supply chain... The current scenario in an engineering, procurement and construction (EPC) industry demands immediate attention in terms of managing suppliers, contractors, materials, finances and other resources to beat the cut throat competition. The continuous emergence of new players with high velocity makes it imperative for companies to gain strategic competitive advantage by managing their information network and supply chain efficiently. This paper discusses the comprehensive model, for managing every day risk in supply chain of the engineering, procurement and construction industry with reference to power sector. The paper evaluates three aspects, viz. And, the corresponding objectives are: The methodology included a comparative analysis of the benefits and limitations of possible alternatives before proposing the framework. The results have been supported by examples that have direct relationship in the context of the case. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Information and Decision Sciences Inderscience Publishers

An integrated rational decision making and inventory management model for managing supply chain risks in EPC: a power sector case

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1756-7017
eISSN
1756-7025
DOI
10.1504/IJIDS.2012.047076
Publisher site
See Article on Publisher Site

Abstract

The current scenario in an engineering, procurement and construction (EPC) industry demands immediate attention in terms of managing suppliers, contractors, materials, finances and other resources to beat the cut throat competition. The continuous emergence of new players with high velocity makes it imperative for companies to gain strategic competitive advantage by managing their information network and supply chain efficiently. This paper discusses the comprehensive model, for managing every day risk in supply chain of the engineering, procurement and construction industry with reference to power sector. The paper evaluates three aspects, viz. And, the corresponding objectives are: The methodology included a comparative analysis of the benefits and limitations of possible alternatives before proposing the framework. The results have been supported by examples that have direct relationship in the context of the case.

Journal

International Journal of Information and Decision Sciences – Inderscience Publishers

Published: Jan 1, 2012

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