Supply chain simulation competitions are a good way to teach both supply chain skills and teamwork - a combination much in demand these days. Students practice applying what they learn in readings and lectures to solve realistic supply chain problems.Theoretical knowledge is applied to solve
Gonzalo Florez-Giraldo is working on his degree in global supply chain management and logistics at Houston Community College. A degree in supply chain management opens up a lot of opportunities, because Houston is a hub of commerce with its busy seaport and its location at the center of a
SCM Globe is Used in Community Colleges, Universities and Graduate Schools When students apply theories and principles learned from readings and lectures to solve problems in realistic supply chain simulations, they reinforce their learning with practice. The result is a deeper level of
MODSIM World is dedicated to promoting cooperation among academia, industry and government for applying modeling and simulation technologies to help organizations anticipate and prepare for the future. Governor Terry McAuliffe of the state of Virginia gave the keynote address to open the conference
Let’s investigate a high-level conceptual design for applying game mechanics to coordinate the actions of a network of separate companies that all do business together. These companies are manufacturers, logistics providers, distributors, and retailers, and they are all members of a common supply
Sam Walton decided to build a company that would serve a mass market and compete on the basis of price. He did this by creating one of the world’s most efficient supply chains. The structure and operations of this company have been defined by the need to lower its costs and increase its
In SCM Globe, supply chains are created by comginations of the four supply chain entities – Products, Facilities, Vehicles, Routes. So to build a model of any supply chain involves defining the characteristics of these four entities and then combining them to create supply chain you are modeling.
As the saying goes, “It’s not what you know, but what you can remember when you need it.” Since there is an infinite amount of detail in any situation, the trick is to find useful models that capture the salient facts and provide a framework to organize the rest of the relevant details.SCM Globe