Modeling and analysis of global collaborative outsourcing manufacturing systems (GCOM) using Monte Carlo simulation.

Our research establishes the platform and modeling for the new trend in today's Global Supply Chain Management Systems (GCOM). The framework consists of various practical policies with respect to booking units, reserve-price, and the preservation of relationship between the outsourcing organization and their contract manufacturers. Mathematical models have been studied and reconciled to constitute the most suitable expression. Monte Carlo Simulation is chosen to describe the outsourcing's phenomena under our given conditions. The study path may be useful for both SCM's analyst and any global organization looking for the offshore outsourcing in order to establish the optimal point in reserving the production's capacity with the cognition in today's fluctuated global demand and currency exchange rate.