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Simulation of Supply Chain Disruptions
... Still too many cooperations do not analyze their supply networks using consistent and scientifically proven methods. Some ... (one high, one low volume product) using discrete event simulation in Arena , one of the most often used simulation environments. To ...
Review - Daniel Dumke - 2019-03-25 21:23 - 0 comments
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Monte Carlo Simulation to improve Network Resilience
... Today I want to describe yet another supply chain case study where Monte Carlo simulation is used as decision support for strategic / tactical supply chain ...
Review - Daniel Dumke - 2019-03-25 21:22 - 0 comments
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Case Study: Stress Testing Supply Chains
... banking industry. But can this method also be used to test supply chain designs? Method / Case Study There is limited literature on using simulation to evaluate supply chains under stress. The authors took the ...
Review - Daniel Dumke - 2019-03-25 21:23 - 0 comments
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Disruption-Management Strategies for Short Life-Cycle Products
... strategies to mitigate disruption risks in a three echelon supply chain. Setting Focus in his research is a single company, with its ... strategies network design risk Simulation supplier disruptions ...
Review - Daniel Dumke - 2019-03-25 21:22 - 0 comments
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Risks at Renault - This Week in Supply Chain Management (31 / 2012)
... I found a new article on risk management in the chemical supply chain using agent-based modeling. ( ScienceDirect ) In ... of interactions. This calls for appropriate modeling and simulation frameworks. This paper presents a simulation-based risk analysis ...
News Item - Daniel Dumke - 2019-03-25 21:23 - 0 comments
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Planning for the Catastrophe
... The first step in the planning process is to identify key supply chain locations. A location is considered key if interruption of its ... have to be estimated. The authors suggest catastrophe simulation as a tool to estimate probabilities. Figure 4 shows other ...
Review - Daniel Dumke - 2019-03-25 21:23 - 0 comments
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Negative Default Dependencies in Supplier Networks
... people talk about disruptions and network effects within the supply chain, the associations are most often negative. The picture of an ... dependencies were calculated using numerical results of a simulation. Results and implications The authors draw three ...
Review - Daniel Dumke - 2019-03-25 21:23 - 0 comments