About more than one year ago I wrote a blog on Supply Chain Modeling approaches and Characteristics to Consider explaining how you can use supply chain simulation and modeling in applications like network design and rough cut capacity models.
However, learning supply chain simulation and modeling can be a difficult task and takes time to Master. Today, new supply chain simulation and modeling tools can assess other situations systematically and determine the best positions for significant supply chain capabilities.
These supply chain simulation and modeling tools offer objective, fact-based options to creating effective choices about supply chain scenarios.
There are some supply chain simulation and modeling books available for learning, and it can become a little challenge when deciding on which supply chain simulation and modeling books come out the top and can without difficulty be referenced for other professionals to obtain.
In this blog, I am recommending 5 Books to Learn Supply Chain Simulation and Modeling. These 5 Books will offer some inspiration and educate you along the Supply Chain Simulation and Modeling Career Development journey. These are for both beginners as well as experienced professionals in the field looking to explore this obstacle!
1. Modeling the Supply Chain (Duxbury Applied)
Professor Shapiro wrote this supply chain simulation and modeling book. It offers not only a wide-ranging overview of available supply chain models but also delivers them in a well-structured manner, accompanied with sound study and deliberations. Examples of supply chain optimized process obtainable within the text are outstanding and exceptional. This supply chain simulation and modeling book give an interdisciplinary method to Supply Chain Management that seamlessly epitomizes the goal of this comparatively innovative management discipline.
Supply chains do not run themselves, even if supply chain professional wish they did. With this book, you would be able to know, analyze, and simulate anything relating to analyzing supply chains. By making use of models to examine the supply chain, you would rapidly and efficiently find new techniques to maximize its performance. And for this reason, this book is overloaded with clear diagrams and real-world study tools that will aid you in becoming more efficient during difficult periods too.
2. Simulation for Supply Chain Management
This supply chain simulation and modeling book offer a comprehensive insight into the simulation methods used in the learning of supply chain management and control. It starts by groping the categories of simulation models available. This includes continuous simulation, discrete-event systems, and simulation games. After which, this supply chain simulation and modeling book move on to the distribution stages of systems and models. This book finally settles with a detailed dialogue of various simulation products. Some simulation procedures and methods are also covered throughout this book. Numerous case studies are also encompassed within this book to highlight the critical role played by simulation in the policymaking process of top supply chain professionals working in this field.
3. Supply Chain Modelling For Perishable Food Products
Food supply chains (FSCs) in the present-day global marketplace are facing a particular issue relating to correct order and time commitment. The problem is typically credited to the absence of harmonized decision-making process for ordered quantities. Furthermore, owing to the imperfect shelf life of fresh products, these verdicts become more complicated due to the added issues of Perishable Food Products. Suitable supplying and valuing policies to take full advantage of profits are also vastly sought after. In a nutshell, handling inventory levels to evade shortages and deterioration, while at the same time improving the service level is the main apprehension for professionals in the FSC field. This supply chain simulation and modeling book deliver a unified background for perishable FSCs while at the same time offering the optimum order quantity; providing tactic; and a suitable valuing policy for making the most of the total supply chain profit. This book also integrates a self-motivated pricing structure for perishables. Also, this book has made an effort to make available an operative decision-making tool for professionals within the chain to aid increase the overall performance of the chain.
4. Modeling, Simulation, and Optimization of Supply Chains: A Continuous Approach
This book delivers an up-to-the-minute primer to the mathematical concept of SCN, with focus on supply chain networks explained through the use of Partial Differential Equations (PDEs). The authors of this supply chain simulation and modeling book profoundly provided in-depth analysis on modeling of multifaceted supply networks in addition to their mathematical theory. The author also provided analysis on exploring modeling, supply chain simulation, and optimization of most of the deliberated models. The up-to-the-minute primer details used in this book includes current logical and mathematical results on optimization difficulties. Real-life cases are also treated to validate the applicability of the present tactics. This supply chain simulation and modeling book are perfect for Graduate students and scholars who are attracted to the model of SCN defined by PDEs. This book can also be found useful in innovative graduate-level programs on modeling of physical phenomena, in addition to opening programs on supply chain theory.
5. Supply Chain Simulation: A System Dynamics Approach for Improving Performance
This book permit readers to exercise and train on modeling and simulation of a multifaced supply chain. The chapters in this book are a mixture of both practical and theoretical concepts. This book covers the knowledge of simulation approaches and procedures, the conceptual framework of an archetypal supply chain, the fundamental notions of structure dynamics, and a set of practical questions with their similar answers. The issues set consist of diagrams and charts involving the simulation results of the Vensim® program. The samples used are a valued simulation tool that can be altered and stretched in accordance to user necessities.
The objective of going through at least one of this 5 Books to Learn Supply Chain Simulation and Modeling, is to meet the rising demands of supply chain simulation or comparable courses. You might be lucky to understand the concept, but you can also get better. With the listed books above, I am confident you would find one or two useful ideas that would serve you Supply Chain Simulation Career in the long run. So, get one and start progressing the ladder!!
You might also want to refer my other blogs for Best Books in Supply Chain Management, Logistics, Warehouse & Transportation and Procurement.
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Thank you for the xtra homework – will follow up