Article ID: | iaor20013763 |
Country: | United Kingdom |
Volume: | 31 |
Issue: | 2 |
Start Page Number: | 124 |
End Page Number: | 139 |
Publication Date: | Jan 2001 |
Journal: | International Journal of Physical Distribution & Logistics Management |
Authors: | Chan Felix T.S., Humphreys P., Lu T.H. |
Keywords: | simulation: applications |
A simulation approach to measuring supply chain performance is evaluated which incorporates order release theory. Within manufacturing a number of order release mechanisms have been developed. The importance of order release is first examined and its applicability to monitoring the performance of the supply chain is proposed. A simulation model of a typical, single channel logistics network was developed. Using the simulation model, each of the order release mechanisms was assessed and close agreement was obtained with the work of previous researchers. A new order release approach is proposed which is found to be superior to those analysed previously and should lead to improved supply chain performance.