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
Getting Started – Just Jump in and Try It
Using SCM Globe - Jump in and Try it Out Using SCM Globe is all about designing supply chains and then simulating their operations to see how well they work. When problems occur you edit your supply chain design to fix those problems and run the simulation again to see the effect of your changes.
What is Supply Chain Management?
There is a difference between what we now call supply chain management and the traditional concept of logistics. Logistics typically refers to activities that occur within the boundaries of a single organization and supply chains refer to networks of companies that work together and coordinate
Cutting Inventory and Operating Costs
There are many trade-offs to consider when managing inventory and operating costs. You learn by trial and error as you try different approaches, and there may be some frustration along the way. Yet in this process, you will start thinking and speaking like a real supply chain professional as you
Alexander the Great Needed Great Supply Chains
CASE STUDY CONCEPT: Military Logistics 101 — Napoleon said, “An army marches on its stomach.” In the spirit of that saying, lets look at the campaigns of Alexander the Great. For those who think Alexander's greatness was due only to his ability to dream up bold moves and cut a dashing figure in
Engage and Teach with Supply Chain Simulation Competitions
Supply chain 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 problems in realistic supply chain simulations. And the simulations show which solutions
Five New Supply Chain Technologies
Information technology is merging with traditional technologies used in manufacturing and supply chain operations. Traditional technologies such as machines that make products in factories, forklift trucks that move products within warehouses, and vehicles that deliver products to customers are all
Military Medical Logistics Training Simulations
The U.S. Department of Defense is embarking on an initiative to create a more agile and adaptable medical force. Healthcare depends on medical logistics, and military medical logistics needs to change and adapt to handle a future environment characterized by volatility, uncertainty and complexity.