2012 DINSYS1 Beer Game Reflection In the game‚ I was assigned to be the factory. The objective of the game was to be able to supply products to the customers at the same time minimize inventory. In a nutshell‚ the demand of the customer should be supplied immediately by each entity in the supply chain. Being the factory‚ I felt that I was actually controlled by the other entities. It is through their orders that I should decide how many raw materials to get to be able to supply their needs. If
Premium Inventory Supply chain management Supply chain management terms
Business Logistics Seminar 6 The risk pooling game Learning objectives: To analyse the inventory policy with different distribution systems. Activities before the seminar 1. Install the program given in AG. 2. Read instructions to play the game (p.3-12). Activities in the seminar Play the game several times before writing report. Write and upload a report in Aula GlobalMoodle with a summary of conclusions of the game (1 page as a maximum). Some guidelines are provided to write the report
Premium Inventory
Beer Game Assignment 1. The benefits of communication in a Supply Chain are variable and depend on many factors other than enhanced clarity and efficiency. Benefits not only come from effective communication but from coordination and the decisions derived from useful information. Every node in a supply chain network has a significant influence over the decisions made by others pertaining to real demand. These decisions‚ in turn‚ affect the entire supply chain and distort the information as it travels
Premium Supply chain management
Simulation game (Beer Distribution Game) to understand the actions of simple and widely use of this system in the Supply Chain Management (SCM). The Beer Game was developed in the 1960s at the Massachusetts Institute of Technology’s (MIT) Sloan School of Management (Sterman‚1989; Senge‚1992)‚ it has been successful to attract the attention of SCM practitioners and academics. The layout of the Beer Distribution Game (BDG) is illustrated in figure 1 below. Figure 1 Beer Distribution Game Layout
Premium Supply chain management
* Introduction: The beer game is a simulation first developed at the Massachusetts Institute of Technology’s Sloan School of Management in the 1960s. This game was made in other to experiment how real organisations functions‚ where the consequences of every decisions play out as clearly as possible in the game as they would in a real organisation (Senge‚ 1990). Narayanan Arunachalam (2006) described the game as a popular classroom exercise for business schools conceived at MIT with the primary purpose
Premium Inventory Supply chain management
Name: Shabei Qian Team #: 15 Position: Retailor Beer Game Report 1. For the first 3 weeks I just ordered the weekly demand because the demand was low and we had enough inventory. When there was a spike and we had potential stock out‚ I realized that I needed to hold more safety stock‚ I just ordered 2*weekly demand for each week. When there was a back order‚ I ordered the # of back order plus weekly demand. For the first 3 weeks I just ordered the weekly demand because the demand
Premium Inventory Holding cost Supply chain management
BSc Logistics and Supply Chain Management SCHOOL OF BUSINESS BSC LOGISTICS AND SUPPLY CHAIN MANAGEMENT Programme Overview The BSc Logistics and Supply Chain Management programme offered by the School of Business at SIM University (UniSIM) aims to develop human capital and talent to meet the needs of the industry. This is the first undergraduate programme dedicated to the study of logistics and supply chain management to be offered by a Singapore university. Partnering with the Singapore
Premium Supply chain management Management Logistics
SAP Excellence Series Editors: Professor Dr. Dr. h.c. mult. Peter Mertens Universität Erlangen-Nürnberg Dr. Peter Zencke SAP AG‚ Walldorf Gerhard F. Knolmayer‚ Peter Mertens Alexander Zeier and Jörg Thomas Dickersbach Supply Chain Management Based on SAP Systems Architecture and Planning Processes With 77 Figures and 11 Tables 123 Prof. Dr. Gerhard F. Knolmayer University of Bern Institute of Information Systems Engehaldenstrasse 8 CH-3012 Bern Switzerland Dr. Alexander Zeier Deputy
Premium SAP AG Supply chain management
levels (/retailer/OEM/warehouse/factory)? Students‚ playing the Beer Game for the first time‚ are typically enthusiastic about feeling the effects of insufficient coordination so drastically. • within levels (logistics/planner) in the supply chain? Different players who all know the demand distribution‚ manage the different stages of the channel. The interface was designed to help us visualize the material and information flows. The game shows effects of missing information exchange and of delays
Premium Communication Supply chain Customer
Faster response to changing business needs through end-to-end visibility into supply chain operations This implementation won the award for innovation by the US Supply Chain Council (SCC) SCC‚ a renowned global nonprofit organization‚ has established the supply chain world’s most widely accepted framework for evaluating and comparing supply chain activities and their performance - the Supply Chain Operations Reference (SCOR®) model. SITUATION Lack of consistent metrics‚ & reporting rules
Premium Supply chain management Supply chain