A Research in Agent Negotiation Forms Dynamic Supply Chain

Supply chain management (SCM) aims to efficiently integrate suppliers, manufacturers, warehouses, and retailers, not merely to ensure that merchandise is produced and distributed in the appropriate quantities, to the right locations, and at the right time, but also to minimize system wide costs while satisfying customer requirements. This paper proposes a Dynamic Information Exchange Center (DIEC) for creating a dynamic supply chain network in an Internet environment. Agent technology supports users in negotiating with upstream suppliers or downstream demanders and making decisions regarding partner selection. The framework allows enterprises to find more opportunities to cooperate with other partners. In business, such a framework not only reduces purchase costs but also saves time for enterprises in reaching agreements.