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Article
Simulation Optimisation Methods in Supply Chain Applications: a Review
Articles
  • Amr Arisha, Dublin Institute of Technology
  • Waleed Abo-Hamad, Dublin Institute of Technology
Document Type
Article
Publication Date
2010-1-1
Rights
This item is available under a Creative Commons License for non-commercial use only
Publication Details

Irish Journal of Management. 2010.

Abstract

The competitiveness and dynamic nature of today’s marketplace is due to rapid advances in information technology, short product life cycles and the continuing trend in global outsourcing. Managing the resulting supply chain networks effectively is challenged by high levels of uncertainty in supply and demand, confl ict objectives, vagueness of information, numerous decision variables and constraints. With such levels of complexity, supply chain optimisation has the potential to make a signifi cant contribution in resolving these challenges. In this paper, a literature review – based on more than 100 peer-reviewed articles – of state-of-the-art simulation-based optimisation techniques in the context of supply chain management is presented. A classifi cation of supply chain problems that apply simulation–optimisation techniques is proposed. The main criteria for selecting supply chain optimisers are also identifi ed, which are then used to develop a map of optimisation techniques. Such a map provides guidance for researchers and practitioners for a proper selection of optimisation techniques.

Citation Information
Arisha, A., Abo-Hamad, W.: Simulation Optimisation Methods in Supply Chain Applications: A Review. Irish Journal of Management. 2010.