An Analysis of Retail Supply Chains: Time Based Simulation in Neural Networks and Maximum Flow Networks
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Abstract
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 ontime availability of services and goods is imperative for retaining
customers. Hence, irrespecti espective 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.
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