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Published in:
2016 | OriginalPaper | Chapter
A Simulation Based Approach to Investigate the Procurement Process and Its Effect on the Performance of Supply Chains
Authors : Volker Stich, Daniel Pause, Matthias Blum, Nina Hinrichs
Published in: Advances in Production Management Systems. Initiatives for a Sustainable World
Publisher: Springer International Publishing
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Abstract
Influenced by the high dynamic of the markets the optimization of supply chains gains more importance. However, analyzing different procurement strategies and the influence of various production parameters is difficult to achieve in industrial practice. Therefore, simulations of supply chains are used in order to improve the production process. The objective of this research is to evaluate different procurement strategies in a four-stage supply chain. Besides, this research aims to identify main influencing factors on the supply chain’s performance. The performance of the supply chain is measured by means of back orders (backlog). A scenario analysis of different customer demands and a Design of Experiments analysis enhance the significance of the simulation results.