I. Introduction SCM Globe is a supply chain game designed to teach concepts in supply chain design, demand forecasting, resource allocation, and production planning by the use of illustrating how different supply chain designs produce different operating results and explore how to manage those results. The game is performed in a real-time setting that allows for helping to create a supply chain that meet customer demands for products with the lowest operating costs and lowest inventory levels. The simulation gives students an opportunity to design and manage the supply chain of stores that sell Crunch Candy and Just Born Candy. During the simulation experience, students create products, facilities, vehicles and routes while …show more content…
The objective is to operate a supply chain that keeps customers happy with the candy and to keep cost as low as possible in the process. Also, to keep the supply chain running for at least 20 days without a crash and minimize the amount of inventory on-hand and the daily operating costs of the supply chain. Effective supply chain management can provide an important competitive advantage for a business marketer, resulting in improved communication and involvement among members of the chain, increased motivation, and decreased costs. Tracking the movement of and demand for components used to manufacture a product across a variety of potential and actual suppliers, provides insight and the ability to respond instantly to shortages, surpluses, and changes in market conditions. It seeks to optimize production, decrease manufacturing time, minimize inventory, streamline order fulfillment, and reduce cost. III. The initial supply chain scenario The initial supply chain scenario required users to download the case titled “Collaborative Supply Chain.” Google Chrome was the preferred browser recommended to avoid many issues that could be encountered with the simulation if multiple windows were open during the running of simulations. Getting started, the products created were: Crunchy1, Crunchy 2, JB Candy1 and JB Candy 2. After creating this product, several stores, factories and distribution centers
The Cincinnati Seasonings Supply Chain is a mockup of a supply chain to support a company that designs and markets food seasonings and sells its products in stores throughout the United States. The purpose of the case study was to familiarize students with setting up a supply chain and simulate its operations. The thought process was to define the product and set up the facilities, vehicles, and routes to have an effective and efficient supply chain. The challenge for the entire exercise was to get the Supply Chain to run continuously for thirty days or more, without interruption or running out of product. Cincinnati Seasonings is a family owned and operated business; the founder was born and raised in Ohio. Cincinnati is
Supply Chain Management: An International Journal, Volume 7, Number 5, 2002, pp. 271 – 282;
The supply chain management is considered as a management concept from past two decades as the customers are concerned about timely and safe delivery. The competitiveness has been increasing among the companies to deliver the products as quickly as possible to the customers all around the world. This has made the supply chain management as a vital tool for the management. This is also measured as a competitive parameter for the companies.
Supply chains manage the movement of products from the acquisition of raw materials through production and finally distribution to the end user. A properly designed supply chain can create many opportunities to drive down cost and increase revenue opportunities. In order to create a supply chain that is sustainable and flexible it is necessary to identify and align company goals and initiatives with the manufacturing and distribution of products.
During the game, I realized that wide gaps in orders of every role in the supply chain such as factory, distributor and retailer create inventory management challenges. For example, distributor records 0units between week1-week 4 compared to retailer within the same period. The retailer records 3units, 5units, 2units and 2units between weeks 1- week 4. The same applies to factory with 0units from weeks 2-4. Addressing inventory management problems requires developing an average unit level to avoid disappointing customers when demand
Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay
A Customized Textbook, Supply Chain Management SCHM2301, ISBN9781308037400 Copies are on reserve in the library
The Cincinnati Seasonings Supply Chain case study is a basic simulation of a simple supply chain to support a company that designs and markets food seasonings and sells its products in stores throughout the Midwestern United States.
The Beer Simulation Game was a surreal lesson in Supply Chain Management for me. The simulation game included four stages of SCM that required four participants to act in four different roles: the Manufacturer, Distributor, Wholesaler and Retailer. I was the manufacturer for my team; therefore I was responsible for producing the units of beer, whereas the other three were responsible for delivering to the respective customers. The first game, which was played in Classic Mode, resulted in the cost of a dreadful $36,874.00. I initially thought that I was doing something wrong in manufacturing the orders, but then realized that there were several factors contributing to the increasing inventory costs. The second game played in transparency mode
What is the right supply chain for your product ? is the question asked by Marshall L. Fisher in his article titled, “What is the Right Supply Chain for Your Product ?” published in March-April 1997 issue of the Harvard Business Review. Author raises the question stating the fact that new ideas and technology implemented haven’t lead to improved performance. Performance has not become better but rather in at least some cases, has worsened due to costs rocketing to unprecedented levels.
Supply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers [Harland 1996]. Hence, supply chain management covers all the necessary movement and storage of raw materials, work-in-process inventory, and finished goods from the point of origin to the point of consumption.
Supply chain management is a main process in all kinds of companies. That’s because an optimized supply chain results in lower costs and a faster production cycle.
Over the years, the competition landscape for most companies has shifted from the highest-quality, lowest priced product or best performing product to the ability to respond to market needs quickly and get the right product at the right time to the right customer. This has in turn forced organizations to compete with their supply chain. Understanding supply chain management and putting this knowledge into practice has become a mandate to improve supply chain relationships in the entire world.
Supply change management (SCM) is active in many organizations today. The purpose of SCM is to maximize the company value in order maintain a competitive advantage in the market place. As an Operational Managers (OM) it is essential to oversee the supply chain within an organization. The OM responsibility is to manage the supply chain flow, and to ensure the supply chain has a quality design in order to reduce cost and drive efficiency. (Reid & Sanders, 2010) An organization supply chain includes activities such as product development, sourcing, productions, logistics, material, and other information systems needed to coordinate the movement of goods from suppliers to manufactures, and to final customers.