This summary acts as a guide to improve Supply Chain Simulation.
This current paper emphasizes the uncertainty in forecast accuracy and addresses a huge gap in current SCRM research.
Summary of a master thesis in supply chain risk management. The question is: How can option theory be used in the valuation and selection of optimal risk mitigation strategies.
A very interesting part of Supply Chain Risk Management deals with the impact of uncertainty on the supply chain design process. Van der Vorst and Beulens (2002) address this topic, and focus on the redesign of supply chains.
Robustness and agility seem to be good concepts to structure one's supply chain risk management approach. This article highlights the positive impact of the measures and gives hints when to implement which.
What do current concepts in research predict about the future of supply chain management? Where will companies change?
The interpretation of simulation studies can be quite demanding. This is a good example of how not to do it.