Designing a Successful Trading Agent for Supply Chain Management
He, Minghua, Rogers, Alex, Luo, Xudong and Jennings, N. R. (2006) Designing a Successful Trading Agent for Supply Chain Management. In, Fifth International Joint Conference on Autonomous Agents and Multiagent Systems (AAMAS-06), Halodate, Japan, 08 - 12 May 2006. , 1159-1166.
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Description/Abstract
This paper describes the design and evaluation of SouthamptonSCM, the runner-up in the 2005 International Trading Agent Supply Chain Management Competition (TAC SCM). In particular, we focus on the way in which our agent purchases components using a mixed procurement strategy (combining long and short term planning) and how it sets its prices according to the prevailing market situation and its own inventory level (because this adaptivity and flexibility are key to its success). We analyse our buying and selling strategies in the actual competition and in controlled experiments. Through this evaluation, we show that SouthamptonSCM performs well across a broad range of environments.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Additional Information: | Event Dates: 8-12 may 2006 |
| Keywords: | agent mediated e-commerce; supply chain management |
| Divisions: | Faculty of Physical and Applied Science > Electronics and Computer Science > Agents, Interactions & Complexity |
| Item ID: | 261967 |
| Date Deposited: | 14 Feb 2006 |
| Last Modified: | 02 Mar 2012 13:19 |
| Contributors: | He, Minghua (Author) Rogers, Alex (Author) Luo, Xudong (Author) Jennings, N. R. (Author) |
| Date: | 2006 |
| Additional Information: | Event Dates: 8-12 may 2006 |
| Status: | Published |
| Further Information: | Google Scholar |
| URI: | http://eprints.soton.ac.uk/id/eprint/261967 |
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