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Mitigating Supply Disruption for a Global Chemical Supply Chain-Application of Agent-based Modeling
, Behdani B., Adhitya A., Lukszo Z.
Published in Elsevier B.V.
Volume: 31
Pages: 1070 - 1074
In today's global and competitive markets, managing supply chain disruptions is a key factor in the success of any business. Disruption management, however, can be a challenging issue as disruptions can occur for a wide variety of reasons and the approaches to handle these risks are also ample. Moreover, evaluating the disruption impact and possible treatments is not a trivial task for a complex supply chain with many actors and different types of interactions. This calls for appropriate modeling and simulation frameworks. This paper presents a simulation-based risk analysis approach using an agent-based model and its application for a specific case of a lube oil supply chain. © 2012 Elsevier B.V.
About the journal
JournalData powered by TypesetComputer Aided Chemical Engineering
PublisherData powered by TypesetElsevier B.V.
Open AccessNo