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-
- Type:
- Document
- Date Created:
- 2005 July 17-2005 July 21
- Collection:
- System Dynamic Society Records
- Collecting Area:
- University Archives
- Collection ID:
- ua435
- Parent Record(s):
- 23d738ba88f8333bc39725f9cb5bd0b8, 3c582e6f5cf305ef0030c7471b499022, and cc5bb0ac12a5b68b26b1583548898dae
- Description:
- In this paper we discuss the way in which dynamic modeling can be used to deal with front-end, back-end and integration issues in current high-tech virtual supply chains (SC). In a first part of the paper we review and propose dynamic modeling options to connect customer value to business targets. This is done by explaining how to characterize target market by formalizing what are often informal but deeply held beliefs about what drives their customers' purchase decisions. We explain how dynamic models may help to connect planned investments to expected improvements in the customer's perception of the product critical attributes and thus increase sales, revenue, and market share. In a second part of the paper we review and discuss the operational and financial effectiveness of existing virtual tools used in supply chain integration. We discuss how dynamic modeling may help to obtain a comprehensive model of supply chain integration. A modeling effort that can be used for the analysis of the effectiveness of various levels of integration. In a third part of the paper we discuss and explain experiences in modeling different types of supplier contracts to accomplish varying degrees of security and flexibility.