Conceptual Agent based Modeling in Supply Chain: An Economic Perspective
Abstract: The implementation of government legislation, social responsibility, environmental concerns regarding the reduction of waste, hazardous material and other consumer residuals have made the competition between the firms stricter than ever and nowadays firms that want to survive need a more productive and innovative approach toward the financial aspects of their businesses.his paper presents a conceptual supply chain model integrating financial and physical flows. The main idea of this paper is to identify financial tools and show the usefulness of them in order to increase the competitiveness of the supply chain as a whole in the volatile markets. In doing so, we consider the role of a financial service provider and try to incorporate the effects of supply chain finance concept on the working capital i.e. liquidity of the member entities. So, the main contribution of this research is to address an innovative approach to model financial flows in supply chain and to introduce the financial tools (supply chain finance practices) in the supply chain framework employing Economic Value Added and cash-to-cash cycle as performance measures and finally devise a conceptual agent-based model and show how agent based modeling can be beneficial in this field.
Supply chains are discussed in this article. They are viewed as intelligent decentralized systems that meet the agent paradigm. Thus possibility of arising critical situations in the chains can be analyzed in the agent-based manner. The work is focused on applying an overall methodology dedicated to the discovery of crises and support of anti-crisis activities. The agent-based model is proposed...متن کامل
The revenue management concept and techniques are applied to model the coordination of supply chain elements. The fundamental premise of this approach is synchronization of a group of business entities consist-ing of a manufacturer and multiple suppliers to achieve an optimal supply chain capacity plans. The output of the supply chain can be various products and thus it is measured in terms of ...متن کامل
The science of complexity contains a plethora of models and ideas through which we can interpret and understand the world around us. Thus, we keep an eye on reality throughout, touching on the practical benefits of gaining an understanding of complex systems. Agent based modeling is a methodology that has been driving a lot of research in complex systems. In this work, we present how agent-base...متن کامل
Number: 011-0231 Healthcare Supply Chain modeling: a conceptual framework D. BATTINI (*), M. FACCIO (**), A. PERSONA (*) (†), F. SGARBOSSA (*) (*) Department of Management and Engineering, University of Padova, Stradella San Nicola, 3 36100 Vicenza – Italy (**)Department of Innovation in Mechanics and Management, University of Padova, Via Venezia 1, 35131, Padova, Italy (†) Corresponding author...متن کامل
An Enterprise-ontology based Conceptual-modeling Grammar for Representing Value Chain and Supply Chain Scripts
In business modeling the focus is shifting from individual enterprises to the supply chains in which they collaborate. Contemporary business modeling grammars should allow each enterprise taking part in a supply chain to develop its own information system and at the same time support the creation of system interoperability and information sharing amongst business partners in the supply chain. T...متن کامل
Given the complexities of supply chain networks, the firms consider modern technologies as a potential factor to improve their supply chain performances. One of these technologies is the Internet of Things (IoT). Hence, the main purpose of this study has been to achieve the conceptual model of the IoT implementation in hospital supply chains. Considering the qualitative nature of the study, rel...متن کامل
دوره 2 شماره 4
صفحات 250- 263
تاریخ انتشار 2018-11-01
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