A Petri net based simulation to study the impact of customer response to stock-out on supply chain performance
نویسنده
چکیده
Based on a Petri-net based simulation model, we investigate the effect of different customer response to stock-out on both the stock-out supply chain and the competing supply chain. Five types of customer stock-out responses are incorporated in the model to quantitatively assess the correlation between customer response and supply chain performance including bullwhip effect (BWE), on-hand inventory, and backlog level. After presenting the results of a series of Petri-net based simulation experiments, we discuss opportunities for both manufacturers and retailers to work better together to mitigate supply chain disruption. We also discuss the value of information sharing on mitigating BWE. Subjects: Engineering Management; Logistics; Marketing Management; Risk Management; Supply Chain Management
منابع مشابه
Providing A Model for Supply Chain Agility of Ground-Based Military Products and Its Impact on Supply Chain Performance
Nowadays, Military products of superpowers countries have a high level of diversity, delivery speed, and appropriative operational functionality. Therefore, Production of varied, high quality and high speed delivery military products, is essential for enhance Iran's defensive deterrence power. Defense industries supply chain agility is an answer to how to produce military products with these f...
متن کاملDeterministic Measurement of Reliability and Performance Using Explicit Colored Petri Net in Business Process Execution Language and Eflow
Today there are many techniques for web service compositions. Evaluation of quality parameters has great impact on evaluation of final product. BPEL is one of those techniques that several researches have been done on its evaluation. However, there are few researches on evaluation of QoS in eflow. This research tries to evaluate performance and reliability of eflow and BPEL through mapping them...
متن کاملDynamic configuration and collaborative scheduling in supply chains based on scalable multi-agent architecture
Due to diversified and frequently changing demands from customers, technological advances and global competition, manufacturers rely on collaboration with their business partners to share costs, risks and expertise. How to take advantage of advancement of technologies to effectively support operations and create competitive advantage is critical for manufacturers to survive. To respond to these...
متن کاملAn Interactive Allocation for Depot-Customer-Depot in a Multi Aspect Supply Chain Network
Supply chain excellence has a real huge impact on business strategy. Building supply chains (SCs) as flexible system represents one of the most exciting opportunities to create value. This requires integrated decision making amongst autonomous chain partners with effective decision knowledge sharing among them. The key to success lies in knowing which decision has more impact on the supply chai...
متن کاملInvestigating Impact of Intelligent Agents in Improving Supply Chain Performance
Improvement in supply chain performance is one of the major issues in the current world. Lack of coordination in the supply chain is the main drawback of supply chain that many researchers have proposed different methodologies to overcome it. VMI (Vendor-managed inventory) is one of these methodologies that implementing it has some obstacles. This paper proposes new model that is agent-managed ...
متن کامل