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This is to SCMGLOBE , watch tutorials You must watch the tutorial videos to understand the simulation model.
Watch the videos
https://www.scmglobe.com/online-guide/getting-started/video-tutorials/ (Links to an external site.)
Link (Links to an external site.)
This assignment will have students work on a simulation project . It is a supply chain model , where the student has to get the supply chain running for 30 days.
One student will have the model and work with the student advisors to get the existing supply chain to run without breaking for 30 days . You will go online and view the tutorials and start the simulation in week 5.
This case study provides hands-on experience with the central challenge of supply chain management. That challenge is to find the right balance between responsiveness and efficiency. Responsive supply chains have enough inventory on-hand to always meet customer demand, and efficient supply chains always seek to reduce costs and on-hand inventory so as to earn as much profit as possible. Supply chain management is a continuous balancing between these two needs as situations change.
SCM Globe case studies are laboratories where students apply what they learn from readings and lectures to solve real supply chain problems. As one professor put it, “the textbook provides the principles, and the simulations teach the moves.”
Log onto your SCM Globe account and follow along with this guide. It will walk step- by-step through one possible approach to this case. There are many possible ways to respond to the challenges in the case. Week 5– Supply Chains and Simulations
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