System dynamics modelling for supply-chain management: A case study on a supermarket chain in the UK

2004 ◽  
Vol 11 (5) ◽  
pp. 495-509 ◽  
Author(s):  
Y. Ge ◽  
J.-B. Yang ◽  
N. Proudlove ◽  
M. Spring
Author(s):  
Arzu Eren Şenaras

System dynamics is an interdisciplinary problem-solving methodology that utilizes several significant thinking skills such as dynamic thinking and cause-and-effect thinking. System dynamics is a disciplined collaborative approach that could accelerate learning by combining a multifaceted perspective that provides insight into complex and interactive issues. System dynamics is designed to model, analyze, and improve socio-economic and administrative systems using a feedback perspective. Dynamic structured administrative problems are modeled by mathematical equations and using computer software. Dynamic constructions of model variables are obtained using computer simulations. In this chapter, a system dynamics model will be developed for supply chain management. The case study will be developed using VENSIM package program.


2019 ◽  
Vol 5 (1) ◽  
pp. 38-49 ◽  
Author(s):  
B. K. Handoyo ◽  
M. R. Mashudi ◽  
H. P. Ipung

Current supply chain methods are having difficulties in resolving problems arising from the lack of trust in supply chains. The root reason lies in two challenges brought to the traditional mechanism: self-interests of supply chain members and information asymmetry in production processes. Blockchain is a promising technology to address these problems. The key objective of this paper is to present qualitative analysis for blockchain in supply chain as the decision-making framework to implement this new technology. The analysis method used Val IT business case framework, validated by the expert judgements. The further study needs to be elaborated by either the existing organization that use blockchain or assessment by the organization that will use blockchain to improve their supply chain management.


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