Supply Chains Simulation
PRESENTED BY
Saransh – 21BSP2742
Rashmi – 21BSP2690
Himanshu – 21BSP2517
Vinay kanojiya –21BSP3111
Introduction
 What Is a Supply Chain and How Does It Work ?
A supply chain is a network that connects a corporation with its suppliers in
order to manufacture and deliver a specific product to the end user. Different
activities, people, entities, information, and resources are all part of this
network. The supply chain also refers to the stages involved in getting a
product or service from its initial condition to its final destination.
 What Is Supply Chain Simulation?
Gartner defines simulation as "the use of a mathematical or computer
representation of a physical system for the purpose of studying constraint
effects.
Objectives
 Supply chain simulation shows the behaviour of logistic network over time.
 The logical rules of the supply chain are represented in a simulation model.
 The main aim is to improve efficiency and effectiveness.
 It encompasses virtually the complete value chain.
 Despite these some improvisation is required to improve customer satisfaction.
Advantages
 The following are some of the advantages of a supply chain
simulation strategy:
 The capacity to examine how different supply chain components interact.
 assessing the potential effect of suggested modifications.
 Major upgrades should be tested before being implemented in the actual
world.
 Analyzing various situations.
 Imaginatively posing what-if scenarios.
Challenges of Supply Chains simulation
 Supply Chain Complexity Due to Multiple Channels to
Market.
 Consumer Demands Drive Need for Improved Speed,
Quality and Service.
 Risk in the Supply Chain Creates Pressure.
 The Impact of Supply Chain Volatility.
When to Use Supply Chain Simulation
 Product mix analysis
 Scenario analysis
 S&OP what-if analysis
Conclusion
 Supply Chain Modeling and Simulation can provide organizations
with ability to design, test and deploy robust networks that create
value.
 Established minimum SAFE level of inventory the client could keep
Lineside and in their Marketplace to support assembly.

Supply Chains Simulation.pptx

  • 1.
    Supply Chains Simulation PRESENTEDBY Saransh – 21BSP2742 Rashmi – 21BSP2690 Himanshu – 21BSP2517 Vinay kanojiya –21BSP3111
  • 2.
    Introduction  What Isa Supply Chain and How Does It Work ? A supply chain is a network that connects a corporation with its suppliers in order to manufacture and deliver a specific product to the end user. Different activities, people, entities, information, and resources are all part of this network. The supply chain also refers to the stages involved in getting a product or service from its initial condition to its final destination.  What Is Supply Chain Simulation? Gartner defines simulation as "the use of a mathematical or computer representation of a physical system for the purpose of studying constraint effects.
  • 3.
    Objectives  Supply chainsimulation shows the behaviour of logistic network over time.  The logical rules of the supply chain are represented in a simulation model.  The main aim is to improve efficiency and effectiveness.  It encompasses virtually the complete value chain.  Despite these some improvisation is required to improve customer satisfaction.
  • 4.
    Advantages  The followingare some of the advantages of a supply chain simulation strategy:  The capacity to examine how different supply chain components interact.  assessing the potential effect of suggested modifications.  Major upgrades should be tested before being implemented in the actual world.  Analyzing various situations.  Imaginatively posing what-if scenarios.
  • 5.
    Challenges of SupplyChains simulation  Supply Chain Complexity Due to Multiple Channels to Market.  Consumer Demands Drive Need for Improved Speed, Quality and Service.  Risk in the Supply Chain Creates Pressure.  The Impact of Supply Chain Volatility.
  • 6.
    When to UseSupply Chain Simulation  Product mix analysis  Scenario analysis  S&OP what-if analysis
  • 7.
    Conclusion  Supply ChainModeling and Simulation can provide organizations with ability to design, test and deploy robust networks that create value.  Established minimum SAFE level of inventory the client could keep Lineside and in their Marketplace to support assembly.