Team PCG2 Jack Zhang Lai Wen Jun Gerald Chee Wong Yun Jie Overview Each player was assigned a role of either a retailer‚ wholesaler‚ distributor or manufacturer for beers. The main obstacle we faced was the uncertainty in forecasting demands‚ which was due to a long lead time (3 weeks from manufacturer to retailer). Objectives Focusing to tackle the problem of demand forecast updating‚ our group sought to keep accumulated costs low which is contributed by holding and backlog costs. Meanwhile
Premium Supply chain management Inventory Stage
Name: Shabei Qian Team #: 15 Position: Retailor Beer Game Report 1. For the first 3 weeks I just ordered the weekly demand because the demand was low and we had enough inventory. When there was a spike and we had potential stock out‚ I realized that I needed to hold more safety stock‚ I just ordered 2*weekly demand for each week. When there was a back order‚ I ordered the # of back order plus weekly demand. For the first 3 weeks I just ordered the weekly demand because the demand
Premium Inventory Holding cost Supply chain management
simple rules. In this report we will study the use of the Simulation game (Beer Distribution Game) to understand the actions of simple and widely use of this system in the Supply Chain Management (SCM). The Beer Game was developed in the 1960s at the Massachusetts Institute of Technology’s (MIT) Sloan School of Management (Sterman‚1989; Senge‚1992)‚ it has been successful to attract the attention of SCM practitioners and academics. The layout of the Beer Distribution Game (BDG) is illustrated in
Premium Supply chain management
* Introduction: The beer game is a simulation first developed at the Massachusetts Institute of Technology’s Sloan School of Management in the 1960s. This game was made in other to experiment how real organisations functions‚ where the consequences of every decisions play out as clearly as possible in the game as they would in a real organisation (Senge‚ 1990). Narayanan Arunachalam (2006) described the game as a popular classroom exercise for business schools conceived at MIT with the primary purpose
Premium Inventory Supply chain management
Beer Game Assignment 1. The benefits of communication in a Supply Chain are variable and depend on many factors other than enhanced clarity and efficiency. Benefits not only come from effective communication but from coordination and the decisions derived from useful information. Every node in a supply chain network has a significant influence over the decisions made by others pertaining to real demand. These decisions‚ in turn‚ affect the entire supply chain and distort the information as it travels
Premium Supply chain management
SEB223 2014 – Assignment 1 The Root-Beer Distribution Game A Report on the Gameplay Experience of the Author and its Use of Complex System Management Principles Introduction The Root-Beer Distribution Game‚ as played by the author and used as the basis for this report‚ is an on-line adaptation of the Beer Distribution Game originally created in the 1960’s by Jay Forrester‚ et al‚ of the MIT Sloan School of Management. A pioneer of computer engineering and considered the founder of System Dynamics
Premium Marketing Health care Strategic management
levels (/retailer/OEM/warehouse/factory)? Students‚ playing the Beer Game for the first time‚ are typically enthusiastic about feeling the effects of insufficient coordination so drastically. • within levels (logistics/planner) in the supply chain? Different players who all know the demand distribution‚ manage the different stages of the channel. The interface was designed to help us visualize the material and information flows. The game shows effects of missing information exchange and of delays
Premium Communication Supply chain Customer
Executive Summary This report aims to critically analyze the brand of Tiger Beer‚ the flag-ship product of Asia-Pacific Breweries Singapore‚ through SWOT (Strengths‚ Weaknesses‚ Opportunities and Threats) analysis‚ competitors’ examination and its different marketing efforts by the company. This analysis is restricted geographically to the beer-consumption market in Singapore. Some recommendations are made at the end of this report with reference to the limits of the research for this paper. Company
Premium Beer Marketing
Supply Chain Paper Operations Management Root Beer‚ Inc In the first round of the root beer supply chain game there was a lot of confusion‚ mystery‚ and chaos; and the data showed that (Please see separate excel spreadsheet of data with mean‚ standard deviation‚ and variation calculated). Analysis of the data shows a classic bullwhip effect; the customer places an order and order fluctuations build up through the supply chain. You can also see that these effects are magnified as you get farther
Premium Supply chain management Supply chain Inventory
ANNUAL REPORT 2011 Foster’s has unveiled a new brand identity For its iconic australian beer business We’re united by the bond only a beer can create and a belief that if a whole lot more people raised a beer in friendship‚ the world would be a better place. ABN 49 007 620 886 Foster’s GrouP limited FiNANCiAl report For the twelve moNth period eNded 30 juNe 2011 THE BEER COMPANY LOVED BY AUSTRALIANS As a beer company‚ we’re proud that we bring people together‚ in unguarded moments
Premium Corporate governance Risk management Board of directors