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Optimization of Purchasing Management of a Portuguese Company in the Retail Sector

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Innovation, Engineering and Entrepreneurship (HELIX 2018)

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 505))

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Abstract

The current competitive environment requires greater customer orientation and better business performance to match the clients’ expectations with varied products and profitable sales prices. This has led to Supply Chain Management (SCM) as a source of competitive advantage. However, given the complexity of Supply Chain (SC) planning, optimization based quantitative models emerged as a support for decision-making. This article presents an empirical study with real data of a Portuguese company of the retail sector. In order to contribute with “tailor-for” quantitative models for improving decision-making in the company’s purchasing management, in this paper the industrial challenge and the company are introduced, followed by a preliminary data analysis. This analysis has require for deciding the real instances that will be used on the validation of the quantitative model that will be developed in future.

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Notes

  1. 1.

    Purchase factor - quantity of products to the unit present in the order logistics unit.

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Correspondence to Ana Teixeira .

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Teixeira, A., Costa e Silva, E., Santos, J.F. (2019). Optimization of Purchasing Management of a Portuguese Company in the Retail Sector. In: Machado, J., Soares, F., Veiga, G. (eds) Innovation, Engineering and Entrepreneurship. HELIX 2018. Lecture Notes in Electrical Engineering, vol 505. Springer, Cham. https://doi.org/10.1007/978-3-319-91334-6_107

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