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What is Simulation Techniques

Handbook of Research on Industrial Applications for Improved Supply Chain Performance
are those processes based on using different sciences as mathematics, econometrics, statistics and informatics in order to help specialists to see future possible actions or approaches, based on using data from the past and create models necessary to predict risks and errors which may appear and could be reduced their impact and most of all reducing costs and increase skills and knowledge through relationship and multidisciplinary work team.
Published in Chapter:
Procurement Process and Supply Chain: Analyzing the Impact of New Technologies on Procurement
Florea Nicoleta Valentina (Valahia University of Targoviste, Romania)
DOI: 10.4018/978-1-7998-0202-0.ch010
Organizations are operating in an environment which offers opportunities but also dangers, risks, changes, and challenges. To face these changes, organizations must develop effective strategies based on relationships with stakeholders and profit decisions, and cost-based in order to obtain competitive advantage. To satisfy customers' needs, the organizations seek a position of superiority over its competitors. To deploy its activities and to achieve its objectives, any organization must dispose resources such as material, human, financial, informational, and technological. This chapter treats a very interesting theme, that of procurement, as commercial activity, in the complex activities of organizations. The chapter starts with the literature in the field and presents the evolution of the process, the objectives, the roles, the functions, the activities, and the typology. The author presents the impact the new technologies have on procurement process, using a simulation model, based on mathematical and statistical models and IT programs.
Full Text Chapter Download: US $37.50 Add to Cart
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Structural Non-Linear Models and Simulation Techniques: An Efficient Combination for Safety Evaluation of RC Structures
Methodologies that are used to analyse the behavior of the structures considering different possible values for the main parameters of the problem.
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