Material Handling & Logistics recently ran a piece on the “7 Keys to Inventory Optimization.” The author, supply chain veteran Jeff Primeau, discusses some of the important areas to consider when creating an inventory optimization strategy. He also provides a few words of warning to those companies who dive into optimization without proper planning and communication:
LeanCor Supply Chain Group, a thought leader in lean logistics and supply chain, recently released a list of best practices in lean warehousing. In the article, they assert that “lean warehousing is necessary and plays a critical role and must be integrated into the entire supply chain.” Let’s take a look at three of these important best practices and show how simulation with FlexSim can help make them possible:
Advent2 Labs, the FlexSim distributor in Singapore, presented a simulation game with an accompanying paper at AsiaSim 2013.
According to David Chan of Advent2 Labs, the event featured a plethora of academic researchers who were looking into applying simulation into learning scenarios. Some of the researchers developed games from scratch using the Java programming language, but David sought to create a game using the FlexSim engine, which reduced the lead time in development.
“The game we designed is a beer game, which is used in the Supply Chain program in most universities and professional training in
Michael Machado of FlexSim Brazil was a featured presenter at the 2013 Intelog Supply Chain Conference, held by IMAM Consulting in São Paulo, Brazil on August 20th.
Mr. Machado’s presentation dealt with the development of simulation technology. As part of his demonstration, he utilized a case study showing the possibilities for optimization in a supply chain using FlexSim simulation software.
The event focused on the current state of supply chain practices in Brazilian companies and how new, advanced solutions could be implemented going forward. Among the