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Supply chain management: A system dynamics approach to improve visibility and performance

Competitiveness is one of the factors successful organizations excel in, and they will do anything necessary to gain an edge over their competitors.The system dynamics approach to simulation modelling is being considered as one of the methods to increase competitiveness.System dynamics is essentiall...

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Main Authors: Chan, Kah Wai, Chooi, Leng Ang
Format: Article
Language:English
Published: UUM Press 2011
Subjects:
T Technology (General)
Online Access:http://repo.uum.edu.my/5904/1/Chan.pdf
http://repo.uum.edu.my/5904/
http://jict.uum.edu.my/
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spelling my.uum.repo.59042012-08-29T08:30:03Z http://repo.uum.edu.my/5904/ Supply chain management: A system dynamics approach to improve visibility and performance Chan, Kah Wai Chooi, Leng Ang T Technology (General) Competitiveness is one of the factors successful organizations excel in, and they will do anything necessary to gain an edge over their competitors.The system dynamics approach to simulation modelling is being considered as one of the methods to increase competitiveness.System dynamics is essentially a methodology suited to studying and managing complex feedback systems and provides a means for understanding the causes of industry behaviour.This research builds a complete system dynamics model for internal supply chain events (from order to ship-out) from the perspectives of a semiconductor company.System dynamics models are simulation-based models that allow the investigation and identifi cation of discrepancies between the business policy and the actual practice of key events as well as provide a better visibility of the company’s system. With the understanding of the internal workings of the supply chain system, experiments with the simulation model could provide alternative configurations to achieve better performance. This research utilizes system dynamics to better understand the supply chain system and with it, to find better solutions through experimentations with a few key variables in the supply chain system.The result of this research reveals that the company could achieve 25% reduction in inventory cost should the recommendations be followed. UUM Press 2011 Article PeerReviewed application/pdf en http://repo.uum.edu.my/5904/1/Chan.pdf Chan, Kah Wai and Chooi, Leng Ang (2011) Supply chain management: A system dynamics approach to improve visibility and performance. Journal of Information and Communication Technology, 10. pp. 117-135. ISSN 2180-3862 http://jict.uum.edu.my/
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic T Technology (General)
spellingShingle T Technology (General)
Chan, Kah Wai
Chooi, Leng Ang
Supply chain management: A system dynamics approach to improve visibility and performance
description Competitiveness is one of the factors successful organizations excel in, and they will do anything necessary to gain an edge over their competitors.The system dynamics approach to simulation modelling is being considered as one of the methods to increase competitiveness.System dynamics is essentially a methodology suited to studying and managing complex feedback systems and provides a means for understanding the causes of industry behaviour.This research builds a complete system dynamics model for internal supply chain events (from order to ship-out) from the perspectives of a semiconductor company.System dynamics models are simulation-based models that allow the investigation and identifi cation of discrepancies between the business policy and the actual practice of key events as well as provide a better visibility of the company’s system. With the understanding of the internal workings of the supply chain system, experiments with the simulation model could provide alternative configurations to achieve better performance. This research utilizes system dynamics to better understand the supply chain system and with it, to find better solutions through experimentations with a few key variables in the supply chain system.The result of this research reveals that the company could achieve 25% reduction in inventory cost should the recommendations be followed.
format Article
author Chan, Kah Wai
Chooi, Leng Ang
author_facet Chan, Kah Wai
Chooi, Leng Ang
author_sort Chan, Kah Wai
title Supply chain management: A system dynamics approach to improve visibility and performance
title_short Supply chain management: A system dynamics approach to improve visibility and performance
title_full Supply chain management: A system dynamics approach to improve visibility and performance
title_fullStr Supply chain management: A system dynamics approach to improve visibility and performance
title_full_unstemmed Supply chain management: A system dynamics approach to improve visibility and performance
title_sort supply chain management: a system dynamics approach to improve visibility and performance
publisher UUM Press
publishDate 2011
url http://repo.uum.edu.my/5904/1/Chan.pdf
http://repo.uum.edu.my/5904/
http://jict.uum.edu.my/
_version_ 1644279141711740928
score 13.226497

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