Operations Research, Systems Engineering and Industrial Engineering Commons^™

Modeling Inventory And Responsiveness Costs In A Supply Chain, Robert Nearier

Dissertations

Evaluation of supply chain performance is often complicated by the various interrelationships that exist within the network of suppliers. Currently many supply chain metrics cannot be analytically determined. Instead, metrics are derived from monitoring historical data, which is commonly referred to as Supply Chain Analytics. With these analytics it is possible to answer questions such as: What is the inventory cost distribution across the chain? What is the actual inventory turnover ratio? What is the cost of demand changes to individual suppliers? However, this approach requires a significant amount of historical data which must be continuously extracted from the associated …