A Conceptual Case Based Model Supporting a SME's Strategic Supply Chain Decision

Wang, Chengbo and Fergusson, Craig (2008) A Conceptual Case Based Model Supporting a SME's Strategic Supply Chain Decision. ICFAI Journal of Business Strategy, 5 (4). pp. 189-196.

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Abstract

Small and medium-sized enterprises (SMEs) are facing great competitive pressures. In order to increase the competitiveness of a SME in its endeavour to survive in the market place with other SMEs and larger competitors, this research is to develop a conceptual model based on the application of case-based reasoning (CBR) methodology to facilitate the supply chain strategy development process for SMEs, through knowledge collection and application. CBR is a relatively new artificial intelligence (AI) approach, which applies existing knowledge to deal with new similar situations. This model intends to give a SME a tool to support its decision-making when making strategic choices in the context of supply chain management (SCM). Within this paper, the authors introduce the fundamental elements of the model, the primary evaluation of this model, and the future work for its further maturity and enrichment.

Item Type: Article
Article Type: Article
Uncontrolled Keywords: Case-based reasoning (CBR), Small and miediumsized enterprises (SMEs), Supply chain management (SCM), Strategic decision-making, Artificial Intelligence (AI)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Schools and Research Institutes > Business School > Business and Human Resource Management
Research Priority Areas: Applied Business Research
Depositing User: Ineke Tijsma
Date Deposited: 29 Apr 2015 10:01
Last Modified: 31 Aug 2016 11:37
URI: http://eprints.glos.ac.uk/id/eprint/1830

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