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The Need of Simulation Models for Global Supply Chain Networks

Author(s):

Afsal K , Malabar College of Advanced Studies, Vengara.

Keywords:

Supply Chain Networks, A simulation model for supply chain network, Global Supply Chain Networks simulator

Abstract

Simulation models are always helpful for the decision makers to take informed decisions to improve performance and efficiency of global supply chain networks. Currently, there are several models, which address the performance and efficiency of supply chain networks. Here we are trying to implement a system dynamic model of global supply chain networks for studying the influence of several parameters (which may not have a direct connection with supply chain) and their effects on the performance of global supply chain networks. This model could be designed by developing a cause effect diagram of these parameters over the global supply chain. These parameters include trade parameters such as taxes, trade agreements, and foreign exchange fluctuations.

Other Details

Paper ID: IJSRDV5I51252
Published in: Volume : 5, Issue : 5
Publication Date: 01/08/2017
Page(s): 1211-1214

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