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Conference Paper: An expert system for evaluating the make or buy decision

TitleAn expert system for evaluating the make or buy decision
Authors
KeywordsKnowledge-based system
Make or buy decision
Strategic purchasing
Supply chain management
Issue Date2002
PublisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/cie
Citation
26th International Conference on Computers and Industrial Engineering, Melbourne, Australia, 15-17 December 1999. In Computers And Industrial Engineering, 2002, v. 42 n. 2-4, p. 567-585 How to Cite?
AbstractThe aim of this paper is to show how a knowledge-based systems technology can assist in the area of strategic purchasing. The authors discuss a knowledge-based system (KBS) designed to help companies in the make or buy decision, which is arguably the most fundamental component of manufacturing strategy. A model of the make or buy decision was developed conceptually from a thorough review of the literature and was supported by a series of interviews with procurement managers. The model consists of five main stages: identifying and weighting performance categories; analyzing technical capabilities; comparing internal and external capabilities; analyzing supplier organizational capabilities; total acquisition cost analysis. A KBS was developed which incorporates these five phases into the outsourcing decision. Preliminary evaluation indicates that the KBS can assist the purchasing team by providing feedback to suppliers, monitoring suppliers against performance benchmarks, improving cooperation between the multifunctional purchasing team members and reduces the time involved in conducting the make or buy evaluation. Ultimately, the KBS tool developed can assist an organization in enhancing its competitive position. © 2002 Published by Elsevier Science Ltd.
Persistent Identifierhttp://hdl.handle.net/10722/74215
ISSN
2015 Impact Factor: 2.086
2015 SCImago Journal Rankings: 1.630
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorHumphreys, Pen_HK
dc.contributor.authorMcIvor, Ren_HK
dc.contributor.authorHuang, Gen_HK
dc.date.accessioned2010-09-06T06:59:05Z-
dc.date.available2010-09-06T06:59:05Z-
dc.date.issued2002en_HK
dc.identifier.citation26th International Conference on Computers and Industrial Engineering, Melbourne, Australia, 15-17 December 1999. In Computers And Industrial Engineering, 2002, v. 42 n. 2-4, p. 567-585en_HK
dc.identifier.issn0360-8352en_HK
dc.identifier.urihttp://hdl.handle.net/10722/74215-
dc.description.abstractThe aim of this paper is to show how a knowledge-based systems technology can assist in the area of strategic purchasing. The authors discuss a knowledge-based system (KBS) designed to help companies in the make or buy decision, which is arguably the most fundamental component of manufacturing strategy. A model of the make or buy decision was developed conceptually from a thorough review of the literature and was supported by a series of interviews with procurement managers. The model consists of five main stages: identifying and weighting performance categories; analyzing technical capabilities; comparing internal and external capabilities; analyzing supplier organizational capabilities; total acquisition cost analysis. A KBS was developed which incorporates these five phases into the outsourcing decision. Preliminary evaluation indicates that the KBS can assist the purchasing team by providing feedback to suppliers, monitoring suppliers against performance benchmarks, improving cooperation between the multifunctional purchasing team members and reduces the time involved in conducting the make or buy evaluation. Ultimately, the KBS tool developed can assist an organization in enhancing its competitive position. © 2002 Published by Elsevier Science Ltd.en_HK
dc.languageengen_HK
dc.publisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/cieen_HK
dc.relation.ispartofComputers and Industrial Engineeringen_HK
dc.subjectKnowledge-based systemen_HK
dc.subjectMake or buy decisionen_HK
dc.subjectStrategic purchasingen_HK
dc.subjectSupply chain managementen_HK
dc.titleAn expert system for evaluating the make or buy decisionen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailHuang, G:gqhuang@hkucc.hku.hken_HK
dc.identifier.authorityHuang, G=rp00118en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/S0360-8352(02)00052-9en_HK
dc.identifier.scopuseid_2-s2.0-0037061517en_HK
dc.identifier.hkuros110820en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0037061517&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume42en_HK
dc.identifier.issue2-4en_HK
dc.identifier.spage567en_HK
dc.identifier.epage585en_HK
dc.identifier.isiWOS:000175735300047-
dc.publisher.placeUnited Kingdomen_HK
dc.description.other26th International Conference on Computers and Industrial Engineering, Melbourne, Australia, 15-17 December 1999. In Computers And Industrial Engineering, 2002, v. 42 n. 2-4, p. 567-585-
dc.identifier.scopusauthoridHumphreys, P=7005959792en_HK
dc.identifier.scopusauthoridMcIvor, R=7004499918en_HK
dc.identifier.scopusauthoridHuang, G=7403425048en_HK
dc.identifier.citeulike8157140-

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