Network flows: theory, algorithms, and applications
Network flows: theory, algorithms, and applications
Digital Capital: Harnessing the Power of Business Webs
Digital Capital: Harnessing the Power of Business Webs
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Based on changing market conditions and pressure on cost and productivity, companies in different industries have started do concentrate on their core competencies and to decrease vertical range of manufacture which leads to an increasing outsourcing of business processes. With this outsourcing the dependency of companies on their business partners rises significantly forming so called value networks. Supplier Relationship Management (SRM) offers methods and tools to manage direct suppliers. In order to perform well in these value networks SRM needs to be extended towards Supply Network Management (SNM) by methods and tools to identify, evaluate, rate and select strategic suppliers located not only in tier one, but also in the subsequent tiers. The selection of adequate supply networks, satisfying different evaluation criteria, is therefore of main importance and builds the topic of this paper. The paper is based on preparatory work done in the area of strategic supply network development (SSND), where the identification of strategic supply networks has been elaborated, and focuses on the evaluation and ranking of strategic supply networks providing the base for supply network selection.