SUPR
Simulate and forcast goods flow in a manufacturing supply chian
Dnr:

NAISS 2023/22-828

Type:

NAISS Small Compute

Principal Investigator:

Silvan Marti

Affiliation:

Chalmers tekniska högskola

Start Date:

2023-08-22

End Date:

2024-09-01

Primary Classification:

20105: Transport Systems and Logistics

Allocation

Abstract

Supply chains face a myriad of adverse risks that impact their daily operations and make them vulnerable. Although several risk management methods exist, manufacturing companies - and especially supply chains - do not effectively utilize them. In addition, supply chains have difficulties in quantifying the effects of risks and creating appropriate mitigation strategies due to the lack of a structured approach. Therefore, we investigate means of simulating the goods flow in a manufacturing supply chain based on a real example of a supply chain in Sweden. This simulated data is used to explore and compare different artificial intelligence or statistics based forecasting models for future goods flow in a supply chain.