Title :
Benefits of using a supply chain simulation tool to study inventory allocation
Author :
Siprelle, Andrew J. ; Parsons, David J. ; Clark, Robin J.
Author_Institution :
Simulations Dynamic, Maryville, TN, USA
Abstract :
Using Simulation Dynamic´s Supply Chain Builder, a supply chain tool has been developed to study alternative inventory allocations in a network. The supply chain being modeled is a nationwide food production and distribution network. The company produces thousands of product lines and is studying the best strategies for allocating production to distribution centers to avoid overproduction and cross shipments of product. This paper describes the data needs and logic of this simulation tool along with its effectiveness in comparing strategies for locating SKU inventory in a supply chain.
Keywords :
digital simulation; production engineering computing; software packages; supply chain management; SKU inventory; Simulation Dynamic; Supply Chain Builder; alternative inventory allocations; best strategies; cross shipments; data needs; distribution centers; food distribution network; inventory allocation; nationwide food production; overproduction; product allocation; product lines; supply chain modeling; supply chain simulation tool; supply chain tool; Costs; Customer service; Databases; Delay effects; Discrete event simulation; Food manufacturing; Logic; Production; Raw materials; Supply chains;
Conference_Titel :
Simulation Conference, 2003. Proceedings of the 2003 Winter
Print_ISBN :
0-7803-8131-9
DOI :
10.1109/WSC.2003.1261430