A Simulation-based Approach to Risk Assessment and Mitigation in Supply Chain Networks

被引:9
|
作者
Seck, Mamadou [1 ]
Rabadi, Ghaith [1 ]
Koestler, Christian [1 ]
机构
[1] Old Dominion Univ, Dept Engn Management & Syst Engn, Norfolk, VA 23529 USA
来源
关键词
DEMO Methodology; ontological modeli; enterprise modeling; agents simulation;
D O I
10.1016/j.procs.2015.09.161
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
We present in this paper a simulation-based approach to evaluate the risk associated with supply chain disruptions caused by failures in some supply chains nodes and measure the impact of such disruptions on supply chain key performance measures (KPIs) of interest. The proposed framework enables analysts and managers to repeatedly assess the risk to their supply chains based on various simulated scenarios and identify the most critical nodes whose disruption will have the highest impact on the KPIs of interest. As a result, companies can focus on the most critical supply chain assets and develop targeted mitigation plans that minimize their risk. (C) 2015 The Authors. Published by Elsevier B.V.
引用
收藏
页码:98 / 104
页数:7
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