TY - GEN
T1 - Modeling supply contracts in semiconductor supply chains
AU - Knoblich, Konstanze
AU - Ehm, Hans
AU - Heavey, Cathal
AU - Williams, Peter
PY - 2011
Y1 - 2011
N2 - Semiconductor manufacturers face high demand uncertainty due to volatile and rapidly changing technology development as well as inaccurate customer forecasts. The paper first presents a description of contract clauses used in semiconductor supply chains, obtained through a literature review and a field study. The paper then presents a review of the literature on studies in supply chain contracts focusing on flexibility contracts and capacity option contracts. Finally, the paper presents models to study contract flexibility and capacity reservation options for a semiconductor manufacturer supplier and a buyer. The purpose of the models is to compare a representative standard flexibility contract currently used in semiconductor supply chains and a capacity options contract.
AB - Semiconductor manufacturers face high demand uncertainty due to volatile and rapidly changing technology development as well as inaccurate customer forecasts. The paper first presents a description of contract clauses used in semiconductor supply chains, obtained through a literature review and a field study. The paper then presents a review of the literature on studies in supply chain contracts focusing on flexibility contracts and capacity option contracts. Finally, the paper presents models to study contract flexibility and capacity reservation options for a semiconductor manufacturer supplier and a buyer. The purpose of the models is to compare a representative standard flexibility contract currently used in semiconductor supply chains and a capacity options contract.
UR - http://www.scopus.com/inward/record.url?scp=84858044958&partnerID=8YFLogxK
U2 - 10.1109/WSC.2011.6147924
DO - 10.1109/WSC.2011.6147924
M3 - Conference contribution
AN - SCOPUS:84858044958
SN - 9781457721083
T3 - Proceedings - Winter Simulation Conference
SP - 2108
EP - 2118
BT - Proceedings of the 2011 Winter Simulation Conference, WSC 2011
T2 - 2011 Winter Simulation Conference, WSC 2011
Y2 - 11 December 2011 through 14 December 2011
ER -