Open AccessA Simulation Based Approach to Investigate the Procurement Process and Its Effect on the Performance of Supply Chains
Author(s) -
Volker Stich,
Daniel Pause,
Matthias Blum,
Nina Hinrichs
Publication year - 2016
Publication title -
ifip advances in information and communication technology
Language(s) - English
Resource type - Book series
SCImago Journal Rank - 0.189
H-Index - 53
eISSN - 1868-4238
pISSN - 1868-422X
DOI - 10.1007/978-3-319-51133-7_40
Subject(s) - supply chain , procurement , production (economics) , process (computing) , order (exchange) , business , process management , supply chain management , industrial organization , computer science , manufacturing engineering , industrial engineering , operations management , engineering , marketing , microeconomics , economics , finance , operating system
Part 7: Large-Scale Supply ChainsInternational audienceInfluenced by the high dynamic of the markets the optimization of supply chains gains more importance. However, analyzing different procurement strategies and the influence of various production parameters is difficult to achieve in industrial practice. Therefore, simulations of supply chains are used in order to improve the production process. The objective of this research is to evaluate different procurement strategies in a four-stage supply chain. Besides, this research aims to identify main influencing factors on the supply chain’s performance. The performance of the supply chain is measured by means of back orders (backlog). A scenario analysis of different customer demands and a Design of Experiments analysis enhance the significance of the simulation results
Accelerating Research
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom
Address
John Eccles HouseRobert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom