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ThinkMind // ICIW 2012, The Seventh International Conference on Internet and Web Applications and Services // View article iciw_2012_1_30_20047

Optimal Supply Chain Services Management for SMEs through Integrated Model-driven Service System

Authors:
Catherine Xiaocui Lou
Wei Dai

Keywords: Optimal model-driven framework; Web Services-based Management Services; supply chain management

Abstract:
Due to the lack of funding and expertise, small and medium enterprises (SMEs) have largely been excluded from benefiting the spill-over effect of web services-based supply chain systems. Theoretical and empirical researches are at a dearth in that the unmet needs of SMEs have not yet been promoted soundly. This paper assists in filling this gap by contributing to the literature through proposing an integrated model-driven service oriented supply chain framework that makes supply chain for SMEs affordable, easily accessible and free from technical ‘hurdles’. The proposed services oriented supply chain system uses a novel framework with five core services coupled with a mathematical optimization model to achieve cost minimization, inventory optimization and reasonable lead time. Simulation results show that our proposed solution is better than the traditional supply chain systems without optimization. Furthermore, it is dynamic and flexible in normal business operation environments. Several simulation run-time examples are used to illustrate the proposed solution.

Pages: 11 to 16

Copyright: Copyright (c) IARIA, 2012

Publication date: May 27, 2012

Published in: conference

ISSN: 2308-3972

ISBN: 978-1-61208-200-4

Location: Stuttgart, Germany

Dates: from May 27, 2012 to June 1, 2012

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