2016
MAS 2016 Proceeding
Multi-criteria decision support system coupling logistics and financial performance in inventory management
Authors: M. Kessentini, N.B. Ben Saoud, M. Charrad, S. Sboui
Abstract
Inventory management, the process of providing the required items in the right quantities, at the right time, at the right place and at the right price, is one of the most critical activities for establishing an effective supply chain. On the other hand, it is a complex problem since measuring inventory management performance is typically a multi criteria decision making problem involving multiple criteria of conflicting nature. In this study, we propose a Choquet integral method to aggregate opinions of decision makers for rating the importance of criteria. We took into account both logistics and financial criteria to measure performance of inventory management. Then, we use optimization of the improvement when the overall performance achieved is deemed insufficient.
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