Back to Riskipedia Index

In the context of supply chains, Discrete Event Smulation is a modeling process that identifies how specified supply chain configurations will behave under different operating conditions and circumstances. Discrete event simulation codifies the behavior of a complex supply chain as an ordered sequence of defined events, and renders a long-term view of how a supply chain will perform when different potential disruptions and risks are applied to it.

Back to Riskipedia Index