SUPPLY CHAIN-GEARING UP FOR THE FUTURE? PROGNOSIS BASED ON SCENARIO PLANNING
Keywords:
Supply chain Overlap, DES, Global Supply Chain, Scenario Analyser, SimulationAbstract
This paper studies the risks and uncertainties surrounding global food supply chains and finds that “scenario planning” which is a popular tool used in other sectors for risk identification, is less widely used to identify risks within global food supply chains.
Presented in this paper is a review of available literature and a discussion with regards to the feasibility of using scenario planning to address food supply chain risks. The feasibility of using scenario planning at the strategic, tactical and operational level is also discussed.
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