Prof. Gerald Reiner

Institut de l'Entreprise, Universit� de Neuchatel

October 05, 2007, 14:15, Room GC B3 424 (click here for the map)

Procurement with fluctuating prices under consideration of alternative transport modes

We develop a procurement model and the framework for performance evaluation for products with fluctuating prices by explicitly considering the transport process. The main decision for each time period under consideration of the selected contract type is the "ideal" procurement quantity. The main constraints are related to speculative inventories and alternative modes of transport. The performance of different procurement strategies is illustrated for a real supply process in the chemical industry by using process simulation.


Gerald Reiner studied Business Administration in Vienna after an education in Industrial Engineering. He received his Master and Doctorate in Business Administration (Quality Management and Production Management) at the Vienna University of Economics and Business Administration (WU). In 2006 he received his Habilitation (venia legendi) in Business Administration at the WU. From 1996-98 he worked as a research assistant at the Department of Industrial Information Processing (WU). From 1999-2006 he was Assistant Professor at the Department of Production Management (WU). In March 2006 he was guest professor at the Aston Business School (UK). In 2007 he was visiting professor at the University of Lausanne (CH). Since 2007 he is full professor at the Enterprise Institute at the University of Neuch�tel (CH). His Research interests lie in the field of Supply Chain Management, Quality Management and Operations Management. Gerald Reiner has published research articles, e.g. in the International Journal of Production Economics, International Journal of Production Research, and OR-Spectrum. Furthermore, he is referee for international journals, e.g., European Journal of Operational Research, Simulation Modelling Practice and Theory.