Real‐time information management in supply chain modelling tools

Real‐time information management in supply chain modelling tools

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Article ID: iaor20131832
Volume: 7
Issue: 4
Start Page Number: 294
End Page Number: 312
Publication Date: Feb 2012
Journal: International Journal of Services Operations and Informatics
Authors: , ,
Keywords: simulation, decision, information
Abstract:

In order to face turbulent environments, enterprises need to adapt their procedures to uncertainty and respond accurately and rapidly to various hazards. Therefore, they need to orient their control systems to the use of information in real time, allowing visibility and tracing throughout the supply chain. Modelling the supply chain enables companies to understand their mechanism, to analyse performance and behaviour in order to enhance performance, and to validate the decision to implement a new organisation. This article analyses existing modelling tools in order to highlight those that are able to model a supply chain's dynamic performance. Our analysis will be based on real‐time information use, allowing flexibility and reactivity in managing volatile environments.

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