Simulation Modeling of Supply Chain Using System Dynamics

Rate this item
(0 votes)

MAGAZINE  №1 (96) February 2020


CATEGORY Simulation modelling



The article covers issues of supply chain modeling being an important step in the decision-making process. Logistics and supply chain management consider movement and transition of material flow as well as financial, information and other flows associated with it. The characteristics of a flow must be measured considering the dynamics of the flow movement. This determines the importance of simulation modeling in decision-making support system as the approach involves the implementation of modeling system algorithm functioning in a virtual time environment.


The literature analysis, on the one hand, allowed to conclude that the traditional approach to functioning process characteristics determination involving consistent problem solving on the level of supply chain element, is limited or not reflecting the specifics of real processes where the parameters variability in time is possible. On the other hand, there is lack of specific recommendations on building models based on principles of system dynamics as a simulation modeling tool which allows to consider process characteristics variability. This determines the aim of the research a part of which presents supply chain simulation model illustrating the possibilities of the approach. The results of the work can be used both in practice for industrial enterprises and for future research.


 Electronic version

 Keywords: simulation modeling simulation simulation model system dynamics supply chain modeling modelling decision support system decision making

Read 1001 times


Postal address:

125 319  Chernуakhovskogo str.16