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Redefining Supply Chain Planning with Discrete-Event Dynamic Simulation: Enhancing Resilience, Agility, and Efficiency

Natalie Lopadchak

VP of Partnerships at GMDH Streamline

Session Description
Unveiling Supply Chain Excellence: Alex Koshulko, Ph.D., CSCP, CEO & Co-Founder of GMDH Streamline, and Natalie Lopadchak-Eksi, PhD(C), Certified Supply Chain Professional, VP of Partnerships at GMDH Streamline, shared their strategic insights at Supply Chain Digitalization Conference 2023. With a combined experience spanning over a decade, they bring expertise in demand forecasting, inventory planning, optimization, and global collaboration. In this blog, we dive into their perspectives, exploring how their visionary leadership is reshaping the future of supply chain planning. Discover their strategies, trends, and challenges that drive supply chain excellence and innovation.

In the realm of modern supply chain management, marked by complexity and constant change, the pursuit of resilience, agility, and efficiency has intensified. Addressing these challenges demands innovative approaches, and one such technique gaining prominence is Discrete-Event Dynamic Simulation (DEDS). This method offers a virtual laboratory for supply chain experimentation, empowering organizations to predict disruptions, enhance customer experiences, and mitigate risks within a controlled simulation environment.

The transformative potential of Discrete-Event Dynamic Simulation in reshaping supply chain planning. By creating dynamic replicas of real-world supply chain processes, DEDS provides a sandbox to assess numerous scenarios, analyze decisions’ outcomes, and optimize strategies. This technology-driven tool holds the promise of elevating supply chains by proactively preparing for disruptions, streamlining operations, and delivering improved customer experiences. Through real use cases, we explore how DEDS navigates supply chain complexities, predicts disruptions, and equips organizations with data-driven insights for informed decision-making.

With the capability to predict and manage disruptions and the power to inform strategic choices, Discrete-Event Dynamic Simulation emerges as a bridge between traditional planning and a technology-driven supply chain future. This blog unearths how DEDS not only enhances efficiency but also empowers organizations to adapt, evolve, and succeed in an ever-evolving business landscape.

Key Topics
  • Numerous solutions available on the market – however there is no one size fits all the requirements
  • Standardized solution package Vs customization – never ending debate.
  • Complexity in the supply chain in food & beverages sector with high lead times
  • Journey to digital supply chain is time consuming but worth travelling

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