Verified Document

Vin Logic Simulation Lessons Learned Term Paper

The ability of companies to attain a high level of knowedlge sharing, in effect becoming knowledge generation networks, is well-known in the areas of auto manufacturing, specifically at Toyota (Dyer, Nobeoka, 2000). Simulations such as these show the potential to predict if and when a company will attain this level of process and knowledge sharing performance. Assessing the Pros and Cons of Simulations as Learning Platforms

The primary strength of constraint-based models is their ability to interpret many potentially conflicting constraints and still arrive at an optimal solution for logistics and transportation management initiatives and programs. This simulation also illustrates how the trade-offs inherent in the constraints have a major impact on the overall profitability of a company over time. Another aspect of this simulation showed how a bottleneck at any one point can cost tens of thousands or even millions in lost sales and inventory carrying costs. Finally, the simulation showed very clearly how the logistics and distribution dynamics in a company can either drastically contribute or detract from overall profitability and performance.

One of the greatest advantages of this approach to learning is the ability to continually review concepts by reviewing them and going...

Parts of this document are hidden

View Full Document
svg-one

The graphical nature of this simulation also made it possible to quickly capture complex concepts quickly and understand them. The simulation is also exceptionally good at showing how all these concepts related to supply chain optimization and logistics planning work in conjunction with each other.
Despite these advantages, there also several significant disadvantages including the lack of customization for the simulation, lack of flexibility in defining secondary and tertiary workflows and the lack of ability testing advanced concepts. The simulation could also benefit from more strategic groups of options so entire groupings or macros of constraints could be tested in conjunction with each other.

References

Jeffrey H. Dyer, & Kentaro Nobeoka. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal: Special Issue: Strategic Networks, 21(3), 345-367.

Gattorna, John L. (1992). Logistics networks: Achieving quantum improvements in cost/service equations. Asia Pacific International Journal of Business Logistics, 5(3), 31.

Vinlogic (2012). Simulation dynamics VinLogic demonstrations . Retrieved from http://www.simulationdynamics.com/apps_transportation.asp

Sources used in this document:
References

Jeffrey H. Dyer, & Kentaro Nobeoka. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal: Special Issue: Strategic Networks, 21(3), 345-367.

Gattorna, John L. (1992). Logistics networks: Achieving quantum improvements in cost/service equations. Asia Pacific International Journal of Business Logistics, 5(3), 31.

Vinlogic (2012). Simulation dynamics VinLogic demonstrations . Retrieved from http://www.simulationdynamics.com/apps_transportation.asp
Cite this Document:
Copy Bibliography Citation

Related Documents

Logistics Difference Goals Military Business Logistics Term
Words: 1307 Length: 4 Document Type: Essay

Logistics difference goals military business logistics term management, operations, design administration. Military and Business Logistics The difference between the goals of military and business logistics in terms of management, operations, design and administration The planning, conceptualization and administration of military and business logistics are similar in many respects but there are marked difference in terms of their aims, orientations and objectives. Many management centered business processes and logistical methods have in fact been

Logistics Planning: Analyzing the Effects
Words: 637 Length: 2 Document Type: Case Study

Their legacy is in traditional multi-tier distribution channel management, where the location of the warehouses had to coincide with the locations of retailers and corporate accounts. Yet today the company is increasingly moving towards could computing which frees them from the location-specific requirements, which the majority of their business is predicated on (Casacchia, 2012). Ingram Micro is in the middle of a multi-year strategic shift from having logistics entirely

Logistics Network Design for a Single Warehouse
Words: 1120 Length: 4 Document Type: Essay

Logistics Network Design for a Single Warehouse Logistics network design primarily encompasses the decision to determine the number and place of warehouses and manufacturing plants, as well as the overall recognition of the client needs for the warehouses, and the appropriation of warehouses to manufacturing plants. The ideal setup should have the ability to provide the items to the clients at the least expense (frequently utilized goal) while pleasing the service

Logistics Management: Reflect BP Oil Spill Relates
Words: 629 Length: 2 Document Type: Essay

Logistics Management: Reflect BP oil spill relates global supply chain; examine current transportation economic situations 2010 BP oil spill Gulf Mexico internet exercise discussion board. BP Oil spill The supply chain of BP was immediately taxed by the unexpected magnitude of the 2010 Gulf of Mexico oil spill: the ramifications for the company were seismic: "The supply chain challenge was the near and offshore response…The [BP] team had to buy everything from

Logistics and Globalization: Logistics
Words: 1929 Length: 6 Document Type: Term Paper

Logistics: Logistics and Globalization Fierce competition has driven business entities to focus and invest in logistics networks, also referred to as supply chains. Advancement in transportation and telecommunication technologies has played a crucial role in propelling this growth right from the tactical, through to the operational level. A logistics network is made up of retail outlets, warehouses, suppliers, raw materials, work-in-progress stock, finished products, and distribution centers. To this end, logistics

Logistics in the Southeastern US
Words: 868 Length: 3 Document Type: Term Paper

Logistics Why the Southern U.S. Has Emerged As an Attractive Logistics Location for the Auto Industry The many cost-based, human resources, locational advantages, supply chain and long-term tax advantages of locating and operating auto industry-specific logistics strategy in the Southeastern U.S. are explored in this analysis. Of the many advantages to auto manufactures of having logistics centers and operations in the Southeastern U.S., the most significant are the long-term tax incentives that

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now