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dc.contributor.authorDavignon, Katie
dc.contributor.authorDeBow, Danielle
dc.contributor.authorEldridge, Christine
dc.contributor.authorGay, Brad
dc.contributor.authorKim, Young Gul
dc.contributor.authorMoon, Heeseung
dc.contributor.authorSuen, Courtney
dc.contributor.authorWood, Daniel
dc.date.accessioned2012-01-06T15:43:41Z
dc.date.available2012-01-06T15:43:41Z
dc.date.issued2011-12-14
dc.identifier.urihttp://hdl.handle.net/1853/42162
dc.descriptionPresented on December 14, 2011 from 5:45 PM – 8:00 PM in the Klaus Advanced Computing Building, room 1443 on the Georgia Tech campus.en_US
dc.descriptionBest of Senior Design Fall 2011 Finalist Presentations.
dc.descriptionRuntime: 22:17 minutes
dc.description.abstractCaterpillar purchases products and parts from over 1,000 suppliers worldwide. Suppliers select packaging material vendors and pass related costs to Caterpillar. To consolidate this vendor base, the team designed and implemented a combinatorial auction that allows for single-product bids along with bids on bundles of products to receive quantity discounts. The team developed a tool for selecting winning vendors through an integer program with business constraints. The solution is estimated to provide an annual savings of $700K-$1M in the Midwest region, and is scalable to be implemented globally.en_US
dc.format.extent22:17 minutes
dc.language.isoen_USen_US
dc.publisherGeorgia Institute of Technologyen_US
dc.relation.ispartofseriesISYE Senior Design
dc.subjectCaterpillaren_US
dc.subjectCombinatorial auctionen_US
dc.subjectIndustrial engineeringen_US
dc.subjectSenior designen_US
dc.subjectSupply chainen_US
dc.titleCaterpillar, Inc: Consolidating Packaging Material Vendors to Reduce Supply Chain Costsen_US
dc.typePresentationen_US
dc.typeVideoen_US
dc.contributor.corporatenameGeorgia Institute of Technology. School of Industrial and Systems Engineering
dc.description.advisorPekgun, Pelin


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