Contemporary supply chain management systems need not only be adaptive to changing needs of to consumers but also to the varying terms amongst the members of the supply chain. Moreover, the on time availability of services and goods is imperative for retaining customers. Hence, irrespectiespective of a new supplier supplier becoming a partner of the supply chain or an old supplier exiting the business, the demand must be met keeping cost constraints into account. Supply chain management is a cross-functional approach that involves managing the movement of raw materials materials into an organization, processing of materials into finished goods and finally finally providing finished goods to the end consumers. In this paper, the concept of SCM has been perused with the approach of network flows applying applying maximum flow network algorithm of graph.
An Analysis of Retail Supply Chains: Time Based Simulation in Neural Networks and Maximum Flow Networks
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Published 2015-09-30
Pages 21-29
Abstract
References
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