Applying Case-based reasoning in Sourcing Decisions in Supply Chain System

Manjot kour

Abstract


Supply Chain Management is a set of synchronized decision & activities, utilized to effectively integrate suppliers, manufacturers, transporters, warehouses, retailers & customers so that the right product or service is distributed at the right quantities, to the proper locations & at the appropriate time, in order to minimize system wide costs while satisfying customer service level requirements. In the case-based reasoning, the past experiences are being utilized for making a local optimal decision. In SCM, what is required is how to improve the performance. Today SCM needs to work in coordination with various like minded organizations to produce and supply to multiple market. In this paper, the case-based reasoning approach to support the sourcing decisions of Supply Chain Management was proposed

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