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Alternatives for Developing Supply Chain Simulation Capabilities

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Paper

Tradeoffs in building a Generic Supply Chain Simulation Capability
Year: 
2008

Today I would like to talk about a non-essential, but helpful part of supply chain management: Simulation.

Simulation can be used in a supply chain setting on many different levels. On a strategic level there are models to analyze scenarios for the optimal locations of one’s factory, on a tactical level inventory management and distribution policies are treated and on the operations side route-optimization is a generally used. Of course there are also non-simulation models for these tasks, but this article is not about the pros and cons of that.

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