A Solution Generator Algorithm for Decision Making based Automated Negotiation in the Construction Domain

In this paper, we present our work-in-progress of a proposed framework for automated negotiation in the construction domain. The proposed framework enables software agents to conduct negotiations and autonomously make value-based decisions. The framework consists of three main components which are, solution generator algorithm, negotiation algorithm, and conflict resolution algorithm. This paper extends the discussion on the solution generator algorithm that enables software agents to generate solutions and rank them from 1st to nth solution for the negotiation stage of the operation. The solution generator algorithm consists of three steps which are, review solutions, rank solutions, and form ranked solutions. For validation purpose, we present a scenario that utilizes the proposed algorithm to rank solutions. The validation shows that the algorithm is promising, however, it also highlights the conflict between different parties that needs further negotiation action

Industry 4.0 and how purchasing can progress and benefit from the fourth industrial revolution

Since its’ announcement in 2011, the number of scientific publications on Industry 4.0 is growing exponentially. Significant investments by industrial firms, at present and planned for the coming years, indicate the expectations by the industry in terms of increased productivity because of the fourth industrial revolution. However, the link between purchasing and Industry 4.0 is largely lacking in scientific literature, despite the high financial impact of procurement for organizations. The fourth industrial revolution – cyber-physical systems with autonomous machine-to-machine communication – could enable several possibilities for purchasing. On the one hand support systems for purchasers are conceived, such as contract analysis software. On the other hand, the scenario of digital negotiations emerges, which could revitalize e- marketplaces. Operative processes can act autonomously, with automated demand identification in cyber-physical systems. In order to support the development of I4.0 strategies in purchasing, this paper further contributes by presenting the result of a project on developing a specific purchasing I4.0 maturity model

A Solution Generator Algorithm for Decision Making based Automated Negotiation in the Construction Domain

In this paper, we present our work-in-progress of a proposed framework for automated negotiation in the construction domain. The proposed framework enables software agents to conduct negotiations and autonomously make value-based decisions. The framework consists of three main components which are, solution generator algorithm, negotiation algorithm, and conflict resolution algorithm. This paper extends the discussion on the solution generator algorithm that enables software agents to generate solutions and rank them from 1st to nth solution for the negotiation stage of the operation. The solution generator algorithm consists of three steps which are, review solutions, rank solutions, and form ranked solutions. For validation purpose, we present a scenario that utilizes the proposed algorithm to rank solutions. The validation shows that the algorithm is promising, however, it also highlights the conflict between different parties that needs further negotiation action