Supply Chain Simulation

This course is designed for supply chain professionals who want to develop a deep understanding of supply chain dynamics and the ability to use simulation tools to optimize supply chain performance. The course covers topics such as simulation modeling, analysis, and optimization of supply chain operations. Students will learn how to build and analyze supply chain models, perform sensitivity analyses, and evaluate the impact of different supply chain strategies on performance.

Course Outline:

1. Introduction to Supply Chain Simulation

• Overview of supply chain simulation
• Types of supply chain simulations
• Importance of supply chain simulation

1. Building Supply Chain Models

• Overview of supply chain modeling
• Types of supply chain models
• Techniques for building supply chain models

1. Analysis of Supply Chain Models

• Overview of supply chain analysis
• Sensitivity analysis and scenario analysis
• Techniques for analyzing supply chain models

1. Optimization of Supply Chain Models

• Overview of supply chain optimization
• Techniques for supply chain optimization
• Hands-on training with supply chain optimization software

1. Evaluation of Supply Chain Strategies

• Overview of supply chain strategy evaluation
• Techniques for evaluating supply chain strategies
• Best practices for supply chain strategy evaluation

1. Implementation and Integration

• Overview of implementation and integration
• Best practices for implementing supply chain simulation
• Integration with supply chain management systems

Prerequisites:

• Basic knowledge of supply chain management concepts and principles.
• Familiarity with statistical analysis and simulation techniques.

Recommended Textbook:

• “Supply Chain Simulation: A System Dynamics Approach for Improving Performance” by Jose A.D. Machuca.

Assessment:

• Midterm Exam (30%)
• Final Exam (40%)
• Supply Chain Simulation Project (30%)

Note: The course syllabus and assessment methods are subject to change based on instructor’s discretion.