Author(s)

Yanchun Wan, Yujun Hu and Peiyan Tan

Corresponding Author

Yanchun Wan

ABSTRACT

This paper works on procurement process optimization of D company’s industrial procurement center by analyzing the procurement process, building Petri net of the procurement process and Arena simulation to summarize three key processes to propose 18 univariate optimization schemes. Finally, five locally optimal schemes would be selected to be combined to be 12 multivariable optimization schemes to select the best one. And the suggestions for improving the procurement process would be given by comparing the original procurement process and the optimal scheme.

KEYWORDS

Sports Industry; Procurement Process Optimization; Petri Net; Arena Simulation