Study on complexity and non-linear of logistics finance management of supply chain system based on system dynamics

2008 ◽  
Author(s):  
Yang Wang ◽  
Yu-lian Peng ◽  
Yuan-jing Luo
Keyword(s):  
Supply Chain ◽  
System Dynamics ◽  
Supply Chain System ◽  
Chain System ◽  
Finance Management ◽  
Non Linear

scholarly journals SUPPLY CHAIN MANAGEMENT: A SYSTEM DYNAMICS APPROACH TO IMPROVE VISIBILITY AND PERFORMANCE

2011 ◽  
Author(s):  
Chan Kah Wai ◽  
Chooi-Leng Ang
Keyword(s):  
Supply Chain ◽  
System Dynamics ◽  
Simulation Modelling ◽  
Feedback Systems ◽  
Supply Chain System ◽  
Business Policy ◽  
Chain System ◽  
And Performance ◽  
Dynamics Models ◽  
Key Events

Competitiveness is one of the factors successful organizations excel in, and they will do anything necessary to gain an edge over their competitors. The system dynamics approach to simulation modelling is being considered as one of the methods to increase competitiveness. System dynamics is essentially a methodology suited to studying and managing complex feedback systems and provides a means for understanding the causes of industry behaviour. This research builds a complete system dynamics model for internal supply chain events (from order to ship-out) from the perspectives of a semiconductor company. System dynamics models are simulation-based models that allow the investigation and identification of discrepancies between the business policy and the actual practice of key events as well as provide a better visibility of the company’s system. With the understanding of the internal workings of the supply chain system, experiments with the simulation model could provide alternative configurations to achieve better performance. This research utilizes system dynamics to better understand the supply chain system and with it, to find better solutions through experimentations with a few key variables in the supply chain system. The result of this research reveals that the company could achieve 25% reduction in inventory cost should the recommendations be followed.  

scholarly journals Study of a supply chain system with the presence of bullwhip effect

2018 ◽  
Vol 144 ◽  
pp. 05003
Author(s):  
Ayush Shrivastava ◽  
Raghavendra Kamath ◽  
Himanshu Sharma ◽  
Ajitesh Gogoi
Keyword(s):  
Adverse Effect ◽  
Supply Chain ◽  
System Dynamics ◽  
Bullwhip Effect ◽  
Open Loop ◽  
Open Loop System ◽  
Supply Chain System ◽  
Chain System ◽  
Hypothetical Data ◽  
Moderate Complexity

A study has been conducted to understand the effect of bullwhip phenomenon in a supply chain system. The hypothetical data collected from the study is used to make a model which can be used to simulate the operation of the system with moderate complexity. System dynamics approach is used to create an open loop system. The phenomenon used is slightly modified and empirically analysed to bring down its adverse effect on the system. The results obtained graphically are emphasising the effect of bullwhip on the various levels of the supply chain system.

3PL-HUB Supply Chain Logistics Cost Simulation Study Based on System Dynamics

2013 ◽  
Vol 779-780 ◽  
pp. 1752-1757 ◽  
Author(s):  
Jun Zou ◽  
Liang Shan
Keyword(s):  
Supply Chain ◽  
System Dynamics ◽  
Simulation Study ◽  
System Analysis ◽  
Bullwhip Effect ◽  
Supply Chain System ◽  
Logistics Cost ◽  
Chain System ◽  
Supply Chain Logistics ◽  
Cost Simulation

System dynamics provides a more intuitive and effective tool for system analysis in area supply chain logistics. By using method of system dynamics, this paper builds up a 3PL-HUB three echelon supply chain system from the perspective of costs, compares supply chain logistics costs variation in two cases with and without 3PL-HUB involved in, simulates logistics costs of each node enterprise, and fully analyzes the influence of 3PL-HUB on bullwhip effect and fluctuation of inventory of supply chain members. It shows that 3PL-HUB can reduce costs and benefit all the enterprises of whole supply chain, which represents a method to enhance supply chain synergy.

scholarly journals A Model of Waste Price in a Symbiotic Supply Chain Based on Stackelberg Algorithm

2021 ◽  
Vol 13 (4) ◽  
pp. 1740
Author(s):  
Cheng Che ◽  
Xiaoguang Zhang ◽  
Yi Chen ◽  
Liangyan Zhao ◽  
Zhihong Zhang
Keyword(s):  
Sensitivity Analysis ◽  
Supply Chain ◽  
Comparative Analysis ◽  
Power Structure ◽  
Income Level ◽  
Power Structures ◽  
Optimal Price ◽  
Supply Chain System ◽  
Chain System ◽  
Revenue Model

By establishing a two-level symbiotic supply chain system consisting of one supplier and one manufacturer, we use Stackelberg method to analyze the optimal price and revenue model of supplier and manufacturer in the symbiotic supply chain under two power structures in which the supplier and manufacturer are dominant respectively, and analyze the influence of the degree of symbiosis and power structure on the model. Through comparative analysis, we find that: There is a relationship between the income level and the degree of symbiosis in the symbiotic supply chain. The change of power structure will affect the relative benefits of suppliers and manufacturers in the symbiotic supply chain. The manufacturer’s expected unit product revenue will affect the supply chain revenue when the manufacturer is dominant. Finally, the sensitivity analysis of relevant parameters is carried out through an example analysis, and the validity of the conclusion is verified. This paper has a guiding significance for the behavior of enterprises in the cogeneration supply chain.

A flexible and adaptable planning and control system for an MTO supply chain system

2006 ◽  
Vol 22 (5-6) ◽  
pp. 557-565 ◽  
Author(s):  
Mustafa Özbayrak ◽  
Theopisti C. Papadopoulou ◽  
Efstratios Samaras
Keyword(s):  
Supply Chain ◽  
Control System ◽  
Supply Chain System ◽  
Chain System ◽  
Planning And Control ◽  
And Control

An operational policy for a three-stage distributive supply chain system with retailers’ backorders

2014 ◽  
Vol 156 ◽  
pp. 332-345 ◽  
Author(s):  
Bhaba R. Sarker ◽  
Ratkrit Rochanaluk ◽  
Huizhi Yi ◽  
Pius J. Egbelu
Keyword(s):  
Supply Chain ◽  
Supply Chain System ◽  
Chain System
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