The Michigan Engineer News Center

Mark Daskin receives Ford Motor Company funding

"Recommendation Framework for Optimal Sourcing Strategies"| Short Read

Funding Source: Ford Motor Company

This research focuses on the development of a decision support framework for robust sourcing to minimize production losses due to supplier issues. In particular, we will focus on i) statistical analysis to understand parts and supplier history with respect to issues such as delay, quality, delivery, etc. and ii) an optimization model to maximize profit accounting for the added complexity of managing and supporting a dual sourcing strategy as well as the benefits associated with a reduced likelihood of a delay in the launch of a new product.

Portrait of Amanda Godwin

Contact

Amanda Godwin
Administrative Assistant

Industrial & Operations Engineering

(734) 764-6473

1891 IOE

Researchers
  • Mark S. Daskin

    Mark S. Daskin

    Clyde W. Johnson Collegiate Professor and Chair, Industrial & Operations Engineering

Hurricane Florence approaching the east coast. Photo courtesy of the NOAA

Hurricane Florence: U-M researchers forecast impacts

More than 2 million people could lose power, and flooding is the major concern for several reasons. | Medium Read