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Generating an Optimized Supplier Allocation Plan

  • US 20080059333A1
  • Filed: 10/23/2007
  • Published: 03/06/2008
  • Est. Priority Date: 03/01/2002
  • Status: Active Grant
First Claim
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1. A method for generating an optimized supplier allocation plan, comprising:

  • identifying a plurality of parts associated with an allocation problem, the allocation problem having a demand requirement associated with the plurality of parts;

    identifying a plurality of suppliers, each supplier operable to supply at least one part associated with the allocation problem;

    selecting one or more objective functions, each objective function having a plurality of part variables, each part variable representing a quantity of a part to be procured from a supplier;

    receiving at least one constraint constraining at least one part variable;

    optimizing the one or more objective functions with respect to the at least one constraint to yield a value for each part variable by;

    optimizing a first objective function to determine a first normalization factor;

    optimizing a second objective function to determine a second normalization factor;

    generating a combined objective function using the first objective function normalized by the first normalization factor and weighted by a first weighting factor and using the second objective function normalized by the second normalization factor and weighted by a second weighting factor; and

    determining if the combined objective function can be optimized for all constraints;

    responsive to a determination that the combined objective function cannot be optimized for all constraints, optimizing the combined objective function for a portion of the constraints;

    responsive to a determination that the combined objective function can be optimized for all constraints, optimizing the combined objective function; and

    determining a quantity of each part to be procured from at least one supplier according to the values to generate the optimized supplier allocation plan.

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