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Pages:
2 pages/β‰ˆ550 words
Sources:
3 Sources
Style:
APA
Subject:
Technology
Type:
Essay
Language:
English (U.S.)
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MS Word
Date:
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Topic:

Inventory And Supply Chain Management Essay

Essay Instructions:

You'll remember that we're using a common basic format for the project assignments in all modules—that is, simulations. Simulation Dynamics, Inc. is a vendor of simulation tools in a variety of problem areas, including transportation. For Insight Network Logistics (INL), the company developed VinLogic, a program to forecast transportation network performance for delivery of new automobiles from plants to dealers. VinLogic is a repeated-use model in its sixth year of ongoing use at INL.

For this module, review the product information for VinLogic® Supply-Chain Simulation Tool at the following link.

http://www(dot)insightnl(dot)com/PR/INL1016-InsertSht%201.pdf 

The supply chain simulation video for VinLogic isn’t readily available but here are several other simulation examples you may feel free to choose from to enhance your learning experience: 

http://youtu(dot)be/cYRiKfuEu1c

http://youtu(dot)be/yWOuEdrVO_s

http://youtu(dot)be/aN6BWAHUXy0

 SCM Globe - Supply Chain Simulation & Design
https://www(dot)youtube(dot)com/watch?v=aN6BWAHUXy0

THIS VIDEO IS VER 1.0 - SEE NEWEST  VERSION AT - http://www(dot)scmglobe(dot)com/ 

After reviewing the information, in a 2- to 3-page paper address the following issues:

  • Briefly describe what you learned about operations management—in particular transportation and delivery—from your review.
  • Briefly describe any ideas that occur to you as a result of thinking about the simulation tool in relation to the module topic and readings.
  • What do you think of computer-based simulations in general? (Address both pros and cons.) Of this model in particular?

SLP Assignment Expectations

Your paper should be 2-3 pages in length and reflect your personal experiences with this issue. The important part of the project assignments is to carefully assess your own experiences with the topic, and then reflect critically on what you have learned about yourself and about situations through this assessment process.

The more that you can use the exercise to develop personal implications for your growth as a potential businessperson as well as a moral individual, the more value you'll get out of the exercise.

Your paper will be evaluated on the following criteria:

  • Precision: Carry out the exercise as assigned, or carefully explain the limitations that might have prevented your completing some parts. (Running out of time isn’t generally considered an adequate limitation.)
  • Clarity: Provide clear answers that show good understanding of the topic.
  • Breadth and depth: Make the scope of your paper relate directly to the questions of the assignment and the learning outcomes of the module.
  • Critical thinking: Incorporate your reactions, examples, and applications of the material to business in a way that illustrates your reflective judgment and good understanding of the concepts.
  • Overall quality: Turn in a well-written paper whose references, where needed, are properly cited and listed. (Refer to the University guidelines (http://support(dot)trident(dot)edu/files/Well-Written-Paper.pdf if you are uncertain about formats or other issues.)
Essay Sample Content Preview:


Inventory And Supply Chain Management
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Introduction;
Operations management is a particular place in management or area that deal with production processes such as controlling designing and overseeing. Vinlogistic is a program developed by Insight Network Logistics that has been used over six years it is a chain simulation tool that helps operation managers to make strategic decisions.
This program module is going hand in hand with living inventory data from Vinlogistic tool. That helps to harness performance and network operations behavior since it mainly deals with supplying patterns of finished vehicles. This model is designed to help operations managers forecast requirements accurately. According to Richards, G. (2013).
When pre-planning for a supply chain in the vehicle distribution network used by VinLogic is to take place, they provide 6-8 weeks volume outlooks to prevent network delays. This data automatically goes to the service providers and terminals in the network.
Another paramount step in chain supply is strategic forecasting, this helps the logistics engineers to study any changes in the delivery system, and it helps engineers to thing far in the years to come. Network bottled neck analysis comes from strategic and tactical planning that enable contingency planning in case a network fails to go smooth as used in INL.
Planning and resource allocation is one method used to satisfy volume surges during transport especially where adjustments need to adjust whi...
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