Simulating Supply Chain Dynamics at Camarines Norte Development Cooperatives: Optimizing Inventory Control and Demand Satisfaction

Document Type : Case Study

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Camarines Norte State College

Abstract

This research delves into the utilization of simulation-based methods to improve inventory management and demand satisfaction within the supply chain of Candevco, a company operating within the dynamic agricultural environment of the Bicol Region in the Philippines. The region's unique challenges include the volatility of crop yields, smaller farm sizes, and the decrease in agricultural land area due to urbanization. This study presents a discrete event simulation-based framework to model the dynamics of Candevco's supply chain, establishing appropriate inventory control policies. These policies are derived within an advanced computational framework so as to minimize costs in optimal ways, and enhance the operationally efficient supply chains that offer high demand satisfaction within available agricultural inputs. The results from the simulation lead to actionable knowledge about how to achieve inversions of desired inventory levels, lead times, and overall system robustness, while it also provides a scalable solution for similar supply chain systems.

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