Supply Chain Risk Management by Using Simulation Technique

Abstract

　With the economic globalization, the supply chain network is spread all over the world. It brings more supply chain risks than ever before. Therefore, how to analyze supply chain risks becomes important gradually. Under such circumstances, this paper first reviews studies on supply chain risk management (SCRM), and then describes how to use simulation techniques for analyzing supply chain risks. In addition, we investigate the trend of simulation techniques, and show the potential for analyzing a supply chain by using agent-based simulation (ABS). The development of information and communications technology (ICT) will enhance analytical capabilities of computer simulation continually, and it can be expected using simulation techniques to analyze a dynamic and complex supply chain system.