In Real Time: Managing the New Supply Chain

By Sandor Boyson; Lisa H. Harrington et al. | Go to book overview

6
Real-Time Visualization
and Modeling of
Supply Chains

For several decades, companies have used modeling tools to perform supply chain analysis and design and to aid in strategic decision making. These tools frequently were cumbersome in their usability. More important, they viewed supply chains largely as static entities, offering pictures frozen in time. In today's business environment, supply chains are anything but stable. Traditional modeling applications, therefore, deliver increasingly limited value to companies struggling with these conditions.

This is not to say that modeling is not useful in today's fast-paced supply chains. On the contrary, modeling of the right kind is more needed than ever before. Because of the nature of supply chain dynamics, managers often do not have insight into the ripple effects of their decisions. Effects also can easily get lost in the overwhelming flood of data that crosses the supply chain manager's desk daily, weekly, monthly. A rapidly changing supply chain with a continuous change of partners leads to different sets of decisions than a stable chain with long-term contracts.

Models, particularly those that offer robust visualization tools, can help companies structure and simplify the complex, dynamic nature of their supply chain. These capabilities help structure, transform, condense, and visually display data from the models or from real-time databases in such a way that managers can quickly grasp a situation and act upon the presented information.

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In Real Time: Managing the New Supply Chain
Table of contents

Table of contents

  • Title Page iii
  • Contents v
  • Figures vii
  • Preface and Acknowledgments ix
  • 1: Introduction to the Real-Time Supply Chain 1
  • 2: The Internet Mega-Portal 13
  • 3: The Internet Mega-Portal 27
  • 4: Enabling the Enterprise Supply Chain Mega-Portal 45
  • 5: Beyond the Four Walls 67
  • 6: Real-Time Visualization and Modeling of Supply Chains 99
  • 7: Putting the Mega-Portal to Work 123
  • 8: Real-Time Supply Chain Mega-Portals 145
  • Appendix 151
  • Index 157
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