Adaptability Analysis of Complex Supply Chain Networks

Abstract:

Uncertainty and fluctuation of operating environments are known in affecting supply chain operational performance. Factories and suppliers are encouraged to make their supply chain more flexible and adaptive to cope with varying operating environments, potential demand, and source fluctuation. Supply chain networks are often interconnected in a dimensional way inherently from raw material to customer satisfaction. This poses a grand challenge for supply chain managers to analyze and evaluate the adaptability and flexibility of such a complex supply chain network. The primary objective of this paper is to gain an understanding of the issues surrounding adaptability in supply chain management. This paper presents a novel model to quantify and measure the adaptability of supply chain networks. The model would help managers in adaptability analysis for dynamic supply chain network.