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Model to monetarily aggregate risks of procurement to support decision makers of manufacturing enterprises / Philipp von Cube.
- Format:
- Book
- Author/Creator:
- Popp, Philippe-Christian, author.
- Series:
- Ergebnisse aus der Produktionstechnik ; Band 16
- Language:
- English
- Subjects (All):
- Industrial procurement.
- Physical Description:
- 1 online resource (196 pages).
- Place of Publication:
- Aachen : WZL : RWTH Aachen University : Fraunhofer, [2019]
- Summary:
- The present thesis provides a model to monetarily aggregate procurement risks to support decision makers. A material flow oriented view forms the fundament of the model. The model is designed to aggregate delay, quality and cost related procurement risks considering their uncertainty. Procurement risks are aggregated to form a monetary risk distribution. Decision-makers can select procurement strategies that are adequate for their risk situation, depending on their affinity for risk to mitigate procurement risks.
- Notes:
- Description based on print version record.
- ISBN:
- 9783863597924
- 3863597923
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