Research on the Supplier Selection Strategy Model for Shipbuilding Companies under Different Market Quotations

Jia Ning Zheng; Hao Hu; Dao Zheng Huang

doi:10.4028/www.scientific.net/AMM.281.700

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vol. 281Research on the Supplier Selection Strategy Model...

Research on the Supplier Selection Strategy Model for Shipbuilding Companies under Different Market Quotations

Abstract:

The utilization of supply chain knowledge in shipbuilding industry lags other industries. This paper proposed a new Supplier Selection Strategy Model to help shipbuilding companies making supplier selecting decisions under different market quotations. Two calculation examples in the typical Buyer Market and Seller Market are described respectively. It is concluded that under different market quotations, the selection of supplier will be completely different because the market condition will influence the shipbuilding companies’ behavior significantly. At last, some suggestions are proposed for future researches in order to provide decidion supports for shipbuilding companies and improve their competitiveness in changing market conditions.

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Periodical:

Applied Mechanics and Materials (Volume 281)

Pages:

700-703

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.281.700

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Online since:

January 2013

Authors:

Jia Ning Zheng, Hao Hu, Dao Zheng Huang

Keywords:

Market Quotation, Shipbuilding Company, Supplier Selection, Supply Chain Management

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References

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