Supply Chain Management Simulation Model

Abstract

This paper discusses the major classes of software that help to manage the Supply Chain. It describes where, how and what exactly each of the so-called silo software operates.This paper intends to discuss the use of simulation for evaluating the supply chain to gain performance improvements for their operations. It focuses on the benefits of using simulation as an effective tool to manage and understand your supply chain. It also discusses the reasons why one would want to use computer simulation as the analysis methodology to evaluate supply chains, its advantages and disadvantages against other analysis methodologies where simulation can find cost reductions that other methodologies would miss. The evolution of SCM software over a period of time and its need for integration is explained in this paper. The paper briefly discusses about the SCM software vendors and its selection procedure.