Abstract
The following paper briefly presents the formulation and development of a case study supply chain simulation model as developed for an industrial company. The case study company in question is considered to be a vertically integrated organisation, offering a complete range of its related industries products to a global marketplace. The paper reviews the scale of supply chain system being analysed, the type of data required to populate such a model and the performance outputs from the model. These outputs include the percentage of demand that is both On Time and In Full (OTIF%), the days of inventory held in finished stock and also the finished stock quantities. The paper also reviews the scope of such a model by reviewing some of the experimental work as carried out on this model and highlights the usefulness of such a model as an aid to supply chain decision making in a SME.
Original language | English |
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Pages (from-to) | 1167-1175 |
Number of pages | 9 |
Journal | Proceedings - Winter Simulation Conference |
Volume | 2 |
Publication status | Published - 2004 |
Event | Proceedings of the 2004 Winter Simulation Conference - Washington, DC, United States Duration: 5 Dec 2004 → 8 Dec 2004 |