Importance of Simulation and Modern Logistics in Project Management

摘要

A project is an irreversible process needing micro-planning for success. Modern project management calls for an advanced simulation study from a logistics perspective integrating YMS, ASRS and IoT/Industry 4.0 to save on life cycle cost. A simulation study with special software could take us in advance to every stage of project and production to cross-check the risks and threats during the execution of the project and process with reference to technology, interfacing aspects, resources and the time scale well before the investment. With a simulation study, the right material flow-how concept could be configured toward enhanced productivity, quality and safety, assuring life cycle cost savings.