Title :
Modeling and simulating supply chain schedule risk
Author :
Finke, Gandolf R. ; Schmitt, Amanda J. ; Singh, Mahender
Author_Institution :
BWI Center for Ind. Manage., ETH Zurich, Zurich, Switzerland
Abstract :
We investigate an aerospace supply chain that is subject to various types of risks in this research. Discrete-event simulation technique is used to model the flow of product and risk factors such as potential supply chain disruptions or quality issues. The underlying goal of the model is to analyze the supply chain performance under various risk scenarios and gather insights. The validity and practical relevance of the results is emphasized as the company is using the model not only for planning, but also for execution and general project management.
Keywords :
aerospace industry; discrete event simulation; project management; risk management; supply chain management; aerospace supply chain; discrete event simulation; product flow model; project management; risk factors; risk management; Aerospace industry; Analytical models; Companies; Delay; Schedules; Supply chains;
Conference_Titel :
Simulation Conference (WSC), Proceedings of the 2010 Winter
Conference_Location :
Baltimore, MD
Print_ISBN :
978-1-4244-9866-6
DOI :
10.1109/WSC.2010.5679036
