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A knowledge‐based system to support procurement decision | Emerald Insight

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A knowledge‐based system to support procurement decision

H.C.W. Lau (Associate Professor, Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hong Kong.)
A. Ning (Project Associate in the Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hong Kong.)
K.F. Pun (Senior Lecturer in the Department of Mechanical Engineering, The University of the West Indies, Trinidad and Tobago, West Indies.)
K.S. Chin (Associate Professor in the Department of Manufacturing Engineering and Engineering Management, City University of Hong Kong, Hong Kong.)
W.H. Ip (Associate Professor, in the Department of Industrial and Systems Engineering, The Hong Kong Polytechnic University, Hong Kong.)

Journal of Knowledge Management

ISSN: 1367-3270

Article publication date: 1 February 2005

4743

Abstract

Purpose

To propose an infrastructure of a knowledge‐based system to capture and maintain the procurement information and purchasers' knowledge, regarding how to choose partners in the supply chain network, with the adopting of the neural networks that mimic the operation of human brain to generate solutions systematically.

Design/methodology/approach

The proposed system encompasses hybrid artificial intelligence (AI) technologies, Online analytical processing (OLAP) applications and neural networks.

Findings

Be able to capture the procurement data and vendors' information that are generated in the workflows to ensure tthat he knowledge and structured information are captured without additional time and effort. Recognizes the void of research in the infrastructure of the hybrid AI technologies for knowledge discovery.

Research limitations/implications

Neural network does not have the sensibility characteristic of the purchasing staff, it is not able to identify the environment changes, which need to re‐adjust the output to fit the environment.

Practical implications

The proposed system obtains useful information related to the trend of sales demand in terms of customer preference and expected requirement using the OLAP module and then based on this information, the neural network provides recommendation related to the supported suppliers that are capable of fulfilling the requirements.

Originality/value

This paper proposes a knowledge‐based system that offers expandability and flexibility to allow users to add more related factors for analysis to enhance the quality of decision making.

Keywords

Citation

Lau, H.C.W., Ning, A., Pun, K.F., Chin, K.S. and Ip, W.H. (2005), "A knowledge‐based system to support procurement decision", Journal of Knowledge Management, Vol. 9 No. 1, pp. 87-100. https://doi.org/10.1108/13673270510582983

Publisher

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Emerald Group Publishing Limited

Copyright © 2005, Emerald Group Publishing Limited

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