Title
A Bayesian simulation approach for supply chain synchronization.
Abstract
While simulation has been used extensively to model supply chain processes, the use of a Bayesian approach has been limited. However, Bayesian modeling brings key advantages, especially in cases of uncertainty. In this paper, we develop a data informatics model that could be used to realize a digital synchronized supply chain. To realize this model, we develop a hybrid model that combines Bayesian modeling with discrete- event simulation and apply it to the supply chain process at a Proctor & Gamble (P&G) manufacturing plant. Moreover, we use approximately one year of transactional data, including information on customer orders, production, raw materials, inventory, and shipments. A driving force for creating this model is to better understand Total Shareholder Return expressed in terms of cash, profit, and service.
Year
DOI
Venue
2017
10.1109/WSC.2016.7822406
Winter Simulation Conference
DocType
ISSN
ISBN
Conference
0891-7736
978-1-5090-4484-9
Citations 
PageRank 
References 
0
0.34
0
Authors
8
Name
Order
Citations
PageRank
Bianica Pires191.57
Joshua Goldstein200.68
David Higdon300.34
Gizem Korkmaz49811.10
Sallie Keller500.34
Stephanie Shipp600.34
Ken Hamall700.34
Art Koehler800.34