Risk and uncertainty analysis of complex supply networks using heuristics simulation techniques

• Published in: Materials today : proceedings Vol. 45; pp. 2967 - 2971
• Main Authors: Agrawal, Manoj Kumar, Singh, Rudra Pratap
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 2021
• Subjects: Complex supply networks; Heuristics simulation techniques; Insecurity; Risk the executives; Supply chain modeling; Risk the executives; Supply chain modeling; Complex supply networks; Insecurity; Heuristics simulation techniques
• ISSN: 2214-7853; 2214-7853
• DOI: 10.1016/j.matpr.2020.11.953

In the present globalized economy, flexibly anchors endeavor to be progressively productive and compelling by receiving systems, for example, redistributing, in the nick of time practices, and lean stock with focal point of security concerns. Be that as it may, these measures to work the flexibly chain all the more effectively frequently lead to expanded delicacy. As vulnerabilities become progressively predominant and interruptions emerge from numerous sources, flexibly chain chance administration has gotten basic. Inside the system, this paper presents an organized philosophy for hazard distinguishing proof and result investigation. Following the entrenched technique for wellbeing, flexibly chain hazard distinguishing proof might be executed through methodically producing variations in various supply network guidelines and recognizing their potential reasons, results, protects and relieving activities. Outcome investigation can be directed utilizing a powerful recreation example of the supply network activities. The utilization and advantages of the suggested method are exhibited utilizing a processing plant flexibly network case study.