Abstract
This paper studies horizontal integration in terms of resource sharing between two suppliers under disruption. Suppliers have agreed to share a secure resource to absorb the shocks. An evolutionary game model is developed to formulate the relationships followed by replicator dynamic equations to examine the stability of collaboration. A hybrid agent-based system dynamics model is built using anyLogic software to simulate the interactions. Findings indicate that the initial tendency of suppliers and the severity of shortages, significantly affect the success of collaborative resource sharing. The paper highlights the benefits of implementing Industry 4.0 integration between competitors to improve supply flexibility.
| Original language | English |
|---|---|
| Pages (from-to) | 655-660 |
| Number of pages | 6 |
| Journal | IFAC Proceedings Volumes (IFAC-PapersOnline) |
| Volume | 55 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2022 |
| Event | 10th IFAC Conference on Manufacturing Modelling, Management and Control, MIM 2022 - Nantes, France Duration: 22 Jun 2022 → 24 Jun 2022 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Horizontal integration
- evolutionary game theory
- resource sharing
- stable strategies
- supply disruption
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