Stress Testing Supply Chains and their Ecosystems

Member: Georgia Institute of Technology 

Project dates: 2021 – 2024  

Through the development and implementation of a sophisticated digital simulation platform, this project enhanced the resilience of bioindustrial supply chains and addressed critical gaps in supply chain design and operations.

Within the tool, users can input every aspect of their company’s supply chain and then customize and evaluate the potential impact of events like natural disasters, labor strikes, policy or product changes, or cyberattacks. After running the simulation and statistical analyses, companies get reports that help them plan ahead for changes or disruptions to their supply chain.

By optimizing critical aspects of supply chain operations such as manufacturing capacity, inventory levels, and overall supply chain design, this tool is establishing more resilient, agile, secure, and competitive supply chains. This tool will ensure that bioindustrial companies can produce a variety of bio-based products at scale.

Members, interested in using the supply chain tool? Contact the Georgia Tech research team directly.

Funding source: BioMADE Project Call 1.0

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