Order release mechanisms in supply chain management: A simulation approach

Order release mechanisms in supply chain management: A simulation approach

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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: , ,
Keywords: simulation: applications
Abstract:

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.

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