A Literature Review Based on the uses of System Dynamics Model in the Perspective of Supply Chain Management
Abstract
The use of System Dynamics Modeling in Supply Chain Management has recently re-emerged after a lengthy slack period. Current research on System Dynamics Modeling in supply chain management focuses on inventory decision and policy development, time compression, demand amplification, supply chain design and integration, and international supply chain management. The paper first gives an overview of recent research work in these areas, followed by a discussion of research issues with a vast literature reviews, and it is also an attempt to simulate the behaviors of a Supply Chain Management Model using System Dynamics principle.
Keywords- Simulation; Supply Chain Management; System Dynamic Model