Multi-agent enabled modeling and simulation towards collaborative inventory management in supply chains

Abstract

The paper is framed to address the preliminary approach towards process oriented collaborative inventory management in supply chains, taking advantage of multi-agent technology in terms of modeling and simulation. Initially, a SCM support model is proposed as a foundation to combine the supply chain processes with the multi-agent system. In succession, a simple PC assembling case is investigated and simulated mainly to validate the SCM support model. As a result, the combination has the potential to make possible a real strategic competitive advantage for the entire supply chain and will enable new forms of business, namely, collaborative inventory management. Accordingly, a theoretical framework of collaborative inventory management is highlighted to refine and extend the SCM support model with the purpose of synchronizing decisions as well as actions.