Supply Chain Management and Simulation

If you are looking for a book on simulation in a warehouse or factory environment, this book is for you. This book takes an in-depth look into the supply chain system of a semiconductor company and utilizes a system dynamics tool to detect demand indications and simulate the pipeline inventory.Companies can practicing a lot of management principals especially postponement strategies and supply chain management, by how much does this actually work? Using a system dynamics approach to simulation modeling, this book documents a research aiming to build a complete simulation model depicting the internal supply chain events (from order to ship-out). The simulation model allows for the investigation and identification of discrepancies between the business policy and actual practice of key events in order to achieve supply chain optimization. The simulation model also provides the means to comparison and measurement of the effectiveness of various supply chain strategies.