Dynamic simulation and supply chain management 3 human mind to fully comprehend and predict the dynamics of a complex supply chain system. Jun 30, 2014 links simulation final powerpoint presentation 1. The supply chain and logistics management degree is designed to provide students with a rich, comprehensive, and challenging curriculum that encompasses the major fields of study in supply chain and logistics management. Issues in supply chain strategy pdf courtesy of don rosenfield. Supply chain online, llc offers a personalized certificate for readers who complete modules scm102 through scm106, covering fundamentals of supply chain management, with a passing test score 70% or higher on each module. This is a brief introductory tutorial that explains the methodologies applied in the rapidly.
The book is organized and written so that it will be useful as an introduction to the field and also as a reference when special challenges arise for the practicing manager. Dec 24, 2014 get a primer on supply chain management. This course is designed for all those involved in managing the supply chain within an organisation buyers, operations, supply chain professionals and finance. Program requirements complete a minimum of 120 credit hours. Introduction to links supply chain management simulation game. The links supply chain management fundamentals simulation is a sophisticated, teambased, competitive simulation.
Supply chain management the supply chain is not a new concept for economists. Jarvis tech matt zinner, ceo niki taylor, cmo stuart ferrin, cro namisha balagopal, coo sarah young, cco dzenana fazlic, chro 2. Our revised version of the global supply chain management simulation includes an updated interface and modernized features in the product line managed by students. Global supply chain management v2 harvard business publishing decision matrix. Enter your mobile number or email address below and well send you a link to download the free kindle app. Fundamentals of supply chain management simulation. Sc1x supply chain and logistics fundamentals lesson. Learn how to connect and integrate the links of sourcing, procurement, conversion, and logistics management. Lecture notes logistics and supply chain management. High forecasting accuracy best value for money high fill rate increased margins less tariffs minimize variable costs increase inventory turnover goals 3. Supply chain foundations linkedin learning, formerly. Confucius in links, you manage the supply chain of an ongoing hightech manufacturing business within the simulated settop box industry. Supply chain simulation and optimization of flows in the s upply chai n allows for stocks reductions and preventing a situation when stocks are running out. Supply chain management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers.
The term supply chain refers to the entire network of companies that work together to design, produce, deliver, and service products. Supply chain management simulation fundamental supply. Since its inception in the early 1990s, the field of supply chain management has become tremendously important to companies in an increasingly competitive global marketplace. This supply chain management simulation game, inspired by the beer game conceptualized by the mit sloan school of management over half a century back, is an excellent way to learn the basic principles of supply chain management scm and appreciate the challenges faced by logistics managers in a variety of businesses. Fundamentals of supply chain management springerlink. Fundamentals of supply chain management simulation demo. This is a brief introductory tutorial that explains the methodologies applied in the rapidly growing area of supply chain management in. Supply chain simulation whenever i discuss supply chain simulation, i always feel like that i need to defend it against supply chain optimization in some way. Links supply chain management simulation 9 quick feedback to the learner, and is a lowrisk process except to ones ego.
Year 1 year 3 year 4 year 2 the components of both models the suppliers the production. With the signing of the nafta agreement in january 1, 1994, the united states saw its industry base change. Fundamentals of supply chain management is an introductory workshop designed for a spectrum of audiences. Certainly, nothing in life is easy, but paul myersons new book has made the field more attractive and popular. Supply chain management simulation fundamental supply chain. The analysis and simulation of a supply chain with arena. The aim of the mission is to explore the link between sustainable development. The game is a role playing simulation of a supply chain originally developed by. Working with your teammates, youre in direct competition with other firms in your. Each of the recommended four simulation rounds is approximately. Supply chain fundamentals scf series online georgia. Supply chain management simulation types this section is dedicated to the presentation of the different types of models and approaches mainly used for supply chain management simulation. The system of suppliers, manufacturers, transportation, distributors, and vendors that exists to transform raw materials to final products and supply those products to customers. Experience competitive dynamics in evolving markets.
The fundamentals of supply chain management simulation will give your students indepth exposure into the challenges involved in making supply chains work. Links firms are classic buildtoplan manufacturers in the simulated settop box industry. By providing deep and clear insight into the complex networks of suppliers, carriers, and freight forwarders, simulation can supercharge your supply chain and redefine your competitiveness. Lancioni, professor of marketing and supply chain management. Common foundations which underlie thinking in the supply chain management scm. This book provides a detailed insight into the simulation approaches employed in the study of supply chain management and control. A welldesigned management simulator can provide the student with a realistic education and training experience. Andreas rinkel page 4 of 51 3 preface this thesis aims at combining supply chain management and simulation to give an overview of both areas and show how supply chain management can profit from simulation. With over 10 years of consulting experience and 3 years of startup experience, pauls experience spans from supply chain analysis, material management, strategic sourcing, manufacturing strategy, competency assessment, and business development. By combining the exhibit 9 and exhibit 10 data, total transportation costs for outbound shipments. This paper suggests links between postponement, mass customization and rapid fulfilment in. This participants manual for the links supply chain management simulation. The health of a global supply chain isnt just measured by revenue and profit. Create marketing content that resonates with prezi video.
Most of my courses on supply chain management were targeted at the master and. Introduction the importance of supply chains comes from the fact that they constitute a large segment of economic activities. Global supply chain simulation decision matrix powered. Confucius manage interactions throughout the supply chain. That portion of the supply chain which comes after the manufacturing process is sometimes known as the distribution network.
As seen before, an important part of the model is the decision system. Links supply chain management simulation links simulations. A practical application of supply chain management principles. I have become a real fan of supply chain and logistics management made easy. The analysis and simulation of a supply chain with arena paul groenewoud, counsel, prof. Proceedings of the 2002 winter simulation conference e. Links supply chain management fundamentals simulation 5 chapters 12. E ective supply chain management is considered to be the next step in increasing pro t and market share. Global supply chain management simulation model b model a what are the critical variables that you used for taking decisions and how those decisions are related with the business strategy. Links encompasses all major supply chain elements in an extended supply chain that embraces upstream product development through to downstream customerfacing elements. Download pdf of supply chain management fundamentals 1. Introduction to supply chains what is supply chain management. Similar to fundamentals of supply chain management but adds two sales channel options.
Dynamic simulation software, such as goldsim, provides the means to incorporate all the data and dynamics regarding a complex supply chain into a computer model that can be used to gain a better understanding of. Pdf on jan 1, 2004, vorst and others published supply chain. Supply chain management professionals play a key role in capturing customer demands, creating forecasts, developing schedules, ordering and managing inventory, controlling production orders, and maximizing customer satisfaction. Supply chain management addresses fundamental issues of controlling the. Supply chain simulation software supply chain simulation software helps you manage supply chain challenges, reducing costs, and improving customer service. Supply chain management simulations i hear and i forget. Marketing, sales channel, accounting, and finance decisions are simplified. The documented benchmarks for success and the many examples help explicate the complexities for the reader. Mar 27, 2014 links simulation for supply chain management 1. Supply chain management can be defined as the management of flow of products and. Supply chain network design fundamentals, effectively managing global supply and risk in an increasingly complex world, and more.
The fundamentals of supply chain management simulation is targeted toward almost any supply chain or logistics course where there is a desire to give students experience in setting up and managing a supply chain. Why do we need supply chain management anywayi reducing cost is at its full potential already by using strategies such as jistintime, lean manufacturing, total quality management, and othersbefore 1990s. It begins by examining the types of simulation models continuous simulation, discreteevent systems and simulation games before moving on to the distribution levels of systems and models. Find materials for this course in the pages linked along the left. Paul jan is experienced in helping fortune 100 companies strategizing, designing, and implementing supply chain strategies. Students form teams and become either microcomputer suppliers or resellers. In this singleplayer simulation, students set up a global supply chain to deliver 2 models of mobile phones.
Several simulation techniques can be used in the design and management of logistics and production processes within supply chain networks. Fit supply chain management into the strategy of your company refresh your understanding of the basic tenets of corporate strategy, its strengths and opportunities, and how to leverage and enable them. Then you can start reading kindle books on your smartphone, tablet, or computer no kindle device required. To facilitate convenient access to these exhibits for ongoing referencing during your links exercise, these exhibits have been included in an excel spreadsheet. Pdf a framework of supply chain management literature. Supply chain management scm has become part of the senior. Supply chain management basically merges the supply and demand. This participants manual for the links supply chain management fundamentals simulation includes a large number of tabular exhibits. Facility block regroups a set of buffers, a set of paths that link the buffers.
This work is licensed under a creative commons attributionnoncommercialsharealike 4. This course will help you succeed in the supply chain management field. Supply chain fundamentals scf series online prepare for a career in supply chain management unlock new career opportunities and prepare to be jobready with a program designed to support workforce readiness and upward mobility for entrylevel and supervisory associates. Mit supply chain management program lemonade video duration. Supply chain management i about the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. In the links supply chain management fundamentals simulation, reconfiguration of. Supply chain management simulation exhibit 3 links decisions exhibit 4 settop box configurations exhibit 5 subassembly component characteristics exhibit 6 manufacturing costs per unit production volume flexibility exhibit 9 planttodc transportation shipments exhibit 10 customer shipment transportation costs per unit. Overview of the website of links supply chain management simulation game duration. The phrase supply chain is used to indicate that the chain is only as strong as its weakest link. Via chain analysis, simulation of logistical flows and a pilot study new logistical.
About the tutorial supply chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends with the products consumption at the enduser. Fundamentals of supply chain management kenyatta university. Business process supply chain management enterprise resource planning enterprise resource planning system bullwhip effect these keywords were added by machine and not by the authors. It is designed to ensure that all personnel are aware of the challenges and opportunities that exist for organisations in managing the supply chain. Fundamentals of supply chain management 8 introduction 1ntroduction i 1. The links procurement management simulation is a small teambased, competitive simulation for introductory operations management and supply chain management classes, and for shorter execed programs, where theres limited time available for a competitive simulation experience.
Introduction to links supply chain management simulation. The business simulation focuses on the development and management of businesstobusiness relationships between student teams who become either suppliers or distributors within an international business setting. The idea of the supply chain is a basic one that has permeated economic systems since the. Global supply chain simulation decision matrix powered by. By providing deep and clear insight into the complex networks of suppliers, carriers, and freight forwarders, simulation can supercharge your. To improve their activities, to gain competitive advantage companies are interested in effective and efficient supply chain operations that meet customer expectations. Supply chain simulation software helps you manage supply chain challenges, reducing costs, and improving customer service. Supply chain simulation software anylogic simulation. Coyle, professor emeritus of logistics and supply chain management, department of. The representation in figure 1 below of a macro supply chain shows materials flowing from the raw material source through the various stages in the chain to the final consumer. Supply chain fundamentals scf series online georgia tech. Links simulation manual2 links supply chain management.
To work on the other links of the supply chain, which. Many companies created operations in mexico because it was cheaper and more profitable to operate there. Links industries may have as many as eight competing teams four to six. A decision aid to work around the inherent problems with consensus forecasting. Supply chain management supply chain a sc can be defined as a network of business entities who work together in an effort to acquire raw materials, transform these raw materials into intermediate and finished products, and distribute these final products to retailers simchilevi et al. The key point in supply chain management is to consider the entire. Mergeintransit, micro businesses, supply chain management, logistics. This process is experimental and the keywords may be updated as the learning algorithm improves. What it is, what its not and how it works the supply chain ecosystem is a complex one especially for multinational companies that work with suppliers all over the world.
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