Author Affiliation

Engineering Management & Systems Engineering, Old Dominion University

Publication Date

2021

Conference Title

Modeling, Simulation and Visualization Student Capstone Conference 2022

Conference Track

Transportation, Business & Industry

Document Type

Paper

Abstract

This work proposes a risk-and-resiliency-intelligent supply chain (RRiSC) tool which is an SC risk management framework that leverages cutting-edge technologies in Artificial Intelligence (AI), Big Data Analytics (BDA), and Digital Twins (DT) to develop specific capabilities for SC risk management. RRiSC is a convergence of mature tools and techniques embedded in three modules: Modeling, Simulation, and Visualization – all together integrate the optimization, simulation, and data analytics to test the performance of the whole supply network under different scenarios through measuring the vital KPIs, identifying the vulnerabilities, and setting proactive plans to diminish risks consequences.

Keywords:

Supply chain, Risk, Resilience, Modeling, Simulation, Visualization, Digital twin, FDNA

Start Date

4-14-2022

End Date

4-14-2022

DOI

10.25776/87sm-cf37

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Apr 14th, 12:00 AM Apr 14th, 12:00 AM

Risk-and-Resiliency-Intelligent Supply Chain (RRiSC)

This work proposes a risk-and-resiliency-intelligent supply chain (RRiSC) tool which is an SC risk management framework that leverages cutting-edge technologies in Artificial Intelligence (AI), Big Data Analytics (BDA), and Digital Twins (DT) to develop specific capabilities for SC risk management. RRiSC is a convergence of mature tools and techniques embedded in three modules: Modeling, Simulation, and Visualization – all together integrate the optimization, simulation, and data analytics to test the performance of the whole supply network under different scenarios through measuring the vital KPIs, identifying the vulnerabilities, and setting proactive plans to diminish risks consequences.