Supply Chain Simulation Modelling

Supply chain simulation modeling is taking on a more prominent role in mining project planning and decision making. Transportation costs for the supply chain can form a significant component of the overall cost to provide product to the end customer. In recent years, computing power has increased, simulation software has advanced, and simulation specialists have become even better equipped to provide sophisticated analysis and recommendations. This has led to a virtuous cycle of owners expecting and supporting data-driven analytics, which drives further advancement. This paper discusses developments in supply chain planning and two case studies from recent simulation modeling analyses.