Question

How are network models useful in Supply Chain? Give an axamples how its used in the work field on an everyday basis.

Answer 1

Network models are the systems which are used to connect various activities in a process. In supply chain various departments can be connected using a network model and the object can be indicated it the model. This helps in updating the progress of the process and update it regularly which will make the process easy . The supply chain will get simplified using these network models. For example the network model can be used to record items in an inventory which can be accessed by the production department.Whenever the inventory level goes low, the system is automatically updated by the network and hence the material can be ordered. Hence the model makes the system simple.